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Lodging Deals Dominate Travel Acquisitions

While Expedia’s buying spree stole the spotlight last year, lodging deals are dominating travel acquisitions in 2016. Since January, there have been at least six hotel acquisitions totaling more than $16 billion, $13 billion of which comes from the Marriott-Starwood ...

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Will Book Direct Campaigns Make an Impact?

Many major hotel companies have recently made a push for consumers to book direct, providing exclusive deals for those who book through a hotel’s website and showcasing the many benefits of gaining access to hotel loyalty programs. But according to ...

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Hawaii Tourism Hits a New Record in August

Hawaii attracted a record number of tourists in August, topping 780,000 visitors and marking 19 consecutive months of gains. According to the Hawaii Tourism Authority, 3.1 percent more travelers came to the islands in August compared to the same month ...

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Travel Sector Prepares for Hurricane Matthew

As Hurricane Matthew moves north toward Jamaica, Haiti, and Cuba, people along the Eastern Seaboard are steeling themselves against storm-related disruption. Hospitality companies, including Marriott, are communicating to guests that they have precautions in place and will waive cancellation fees ...

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Red Lion Closes Acquisition of Vantage Ahead of Schedule

SPOKANE, Wash.—Red Lion Hotels Corporation today announced that it closed its acquisition of Vantage Hospitality Group, based in Coral Springs, Fla., on Sept. 30, a month ahead of schedule. As a result of the acquisition, the company acquired approximately 1,000 ...

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Hotel Construction Pipeline Shows Modest Growth

PORTSMOUTH, N.H.—According to the recent Global Construction Pipeline Trend Report from Lodging Econometrics (LE), who tabulates the Construction Pipeline for 182 countries worldwide, the total pipeline has 11,260 projects/1,919,370 rooms, up 3 percent by projects and rooms year-over-year (YOY). For ...

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