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Tech Startups: When Will the Bubble Burst?

Tech Startups: When Will the Bubble Burst?

With new apps and web-based companies popping up every day, it can often feel like there is no slowing down in the technology market. But the prosperous times of the tech startup market cannot last forever. According to various news ...

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360-Degree Video Trend Catches on with Hotels

360-Degree Video Trend Catches on with Hotels

In the past several months, major social sites such as YouTube and Facebook have rolled out support for 360-degree videos, a new media type that promises increased engagement and immersion. For savvy marketers in the hotel and travel industry, this ...

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Blackstone Group Invests $170 Million in IBS

Blackstone Group Invests $170 Million in IBS

Global travel, transportation, and logistics technology major IBS Software announced today that it will receive $170 million private equity investment from the Blackstone Group in exchange for a minority shareholding. The transaction is expected to be complete within a month, ...

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Host Hotels Expands Marriott Entertainment Options

Host Hotels Expands Marriott Entertainment Options

DALLAS—AT&T is teaming up with Host Hotels & Resorts, Inc. and GuestTek in a multi-year relationship to bring DIRECTV shows, movies and more to tens of thousands of Marriott hotel rooms owned by Host. Guests at some Marriott hotels in ...

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Avendra Acquires BuyEfficient Purchasing Program

Avendra Acquires BuyEfficient Purchasing Program

ROCKVILLE, Md.—Avendra, a procurement services provider serving the lodging and hospitality industries in North America, has acquired BuyEfficient, an online purchasing program dedicated to serving the hospitality industry, from its parent company, Sunstone Hotel Investors. “This acquisition reflects Avendra’s strength ...

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