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Job Hunters Using Social Media

According to a new report from iCIMS, a provider of software-as-a-service talent acquisition solutions, approximately 3.3 million job applications were submitted using social media profiles to pre-populate online submission forms in 2015. In addition, the report found that job seekers ...

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Accor Scoops Up Rental Service Onefinestay

Approaching the increasingly complex sharing economy in a new way, AccorHotels has agreed to purchase Onefinestay, a home-sharing service, for $168 million. The company expects to invest another $72 million to extend the reaches of the service internationally. The purchase can ...

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San Francisco Hotel Development on the Rise

Over the past year, more than a dozen new hotel projects have been proposed in the San Francisco area, with a pipeline of now 4,000 rooms. Driven by increased tourism and strong business travel, the proposals are refreshing a city ...

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European Business Travel Proves Resilient

Following the terrorist attacks in Brussels on March 22 (and the U.S. State Department’s subsequent travel alert), it appears that U.S. business travel to Europe has only marginally slowed. According to a poll by the Global Business Travel Association, 47 percent ...

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Anbang Retreat Raises China M&A Questions

When Anbang Insurance Group unexpectedly walked away last week from its planned $14 billion offer for Starwood Hotels & Resorts, it left plenty of people scratching their heads. The Chinese bidder vaguely cited “market considerations” as its reason. Fred Hu, ...

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Competitive Debt Market Offers Investment Options

Although growth in key hospitality performance indicators will likely moderate this year, with supply growth exerting the greatest pressure, the competitive debt marketplace continues to offer options for hotel investors, according to Marcus & Millichap’s 2016 U.S. Hospitality Investment Forecast. ...

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