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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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Airbnb Acquires Travel Activities Marketplace

Airbnb has been advising and partnering with Trip4real, a Barcelona-based travel startup—and now it has aquired it. Trip4real offers a markeplace of activities for tourists to browse and book ahead of their trip to experience the locale. To read more ...

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With RLHC Acquisition, Vantage’s Model Will Remain the Same

The latest consolidation move in hospitality—this time, RLHC’s acquisition of Vantage Hospitality Group—will not alter the model Vantage has set forth since its founding in 1999. According to Hotel News Now, CEO Greg Mount says Vantage’s “freestyle lodging” approach that ...

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San Francisco Ad Campaign Takes Aim at Airbnb

The battle between Airbnb and its hometown of San Francisco continues. A coalition, including AH&LA, ShareBetterSF, local tenants and apartment owners, launched an ad campaign calling out Airbnb for suing San Francisco and failing to obey local laws as the ...

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