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A Look at European Development

According to Europe’s Hotel Construction Pipeline from Lodging Econometrics (LE), the three cities with the largest pipelines are: London with 78 projects/14,070 rooms, Istanbul with 35 projects/6,310 rooms and Moscow with 31 projects/7,805 rooms. The leading franchise companies in Europe’s ...

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Congress Urged to Act on Zika

According to AH&LA and the U.S. Travel Association, the U.S. Congress, mired in election-year politicking, has failed to advance a Zika funding measure. This failure to act could be consequestial for the travel industry, as many tourists could become increasingly ...

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New Ads Accuse Airbnb of Dodging Taxes

A new ad campaign claims that Airbnb uses more than 40 subsidiaries as tax havens, allowing the company to only pay a small amount of the taxes it owes governments. The ads are being paid for by ShareBetter, a coalition of elected ...

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Europe’s Hotel Construction Pipeline Shows Growth

PORTSMOUTH, N.H.—According to the recent Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the total pipeline has 951 projects/152,085 rooms, up 7 percent by projects and 6 percent by rooms year-over-year (YOY). For hotels currently under construction, Europe’s ...

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Morgans Hotel Group Receives Mystery Bid

Since May, SBE has been pursuing the acquisition of Morgans Hotel Group, but a mystery bidder could put a wrench in its plans. A party identified as “Bidder V” has offered to acquire the hotel group for $2.75 per share—higher ...

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