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Middle Eastern Construction Pipeline Accelerates

According to the recent construction pipeline trend report for the Middle East from Lodging Econometrics (LE), the total pipeline has 513 projects/136,683 rooms, up 21 percent by projects and 6 percent by rooms year-over-year (YOY). For hotels currently under construction, ...

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New Insights on Travel Booking

Travelers don’t care much about brand reputation, according to a new report from brand management firm Sullivan and qualitative research firm 20|20 Research. The study suggests that hotels should highlight unique experiences they offer, rather than a brand statement. Read more here.

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European Hotel Construction Pipeline Shows Growth

According to the recent Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the total pipeline has 1,008 projects/161,271 rooms, up 14 percent by projects and 13 percent by rooms year-over-year (YOY), just a few projects short of Q208 ...

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KSL Capital Partners, KKR Acquire Apple Leisure Group

Prive-equity companies KSL Capital Partners and KKR will acquire Apple Leisure Group from Bain Capital for an undisclosed amount. Apple Leisure Group is the parent company of Apple Vacations, Travel Impressions, CheapCaribbean.com, AMResorts, Amstar, and Worldstar. The transaction is expected ...

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