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In Wake of U.S. Policy Shift, Travel Industry Eyes Cuba Tourism

In Wake of U.S. Policy Shift, Travel Industry Eyes Cuba Tourism

President Barack Obama on Wednesday announced plans to restore full diplomatic relations with Cuba after 50 years. The decision will ease travel restrictions for family visits, public performances, and professional, educational, and religious activities, among other categories. Tourist travel remains ...

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IHG Acquires Kimpton for $430 Million

IHG Acquires Kimpton for $430 Million

InterContinental Hotels Group announced that it is acquiring Kimpton Hotels & Restaurants for $430 million. The deal will be financed through existing cash resources and new debt facilities and is expected to close during the first quarter of 2015, according ...

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AH&LA Praises Congressional Passage of Brand USA

AH&LA Praises Congressional Passage of Brand USA

The American Hotel & Lodging Association praised both the U.S. House of Representatives and the U.S. Senate for agreeing to reauthorize Brand USA as part of the omnibus spending bill to fund the government. “Consensus and partnership are two words ...

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Accor Forms Alliance with China Lodging

Accor Forms Alliance with China Lodging

Accor has sealed a long-term alliance that will combine its brands with more than 2,000 existing properties run by China Lodging’s Huazhu Hotels, according to this report from Reuters. Huazhu aims to open 350 to 400 new hotels under Accor brands ...

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