Luxury is not about the extravagance, but is achieved through thoughtful design details combined with a superior level of service. In 2017, luxury interior design will turn toward classic European and American design through a revival, according to experts. For more information, click here.
Expedia plans to include vacation rental listings from HomeAway in the next few months. The OTA will have a full integration of HomeAway content for the first time since it was purchased by Expedia Inc last year for $3.9 billion. HomeAway brought in $210 million in revenue during the third quarter, up 61 percent year-over-year. To read more, click here.
HNA Group’s agreement to pay $6.5 billion for 25 percent interest in Hilton Worldwide Holdings will allow the company to leverage its strengths and is a smart way to diversify its money into dollars, according to experts. Read more here.
Even though there are twice as many cows as people in New Zealand, tourism has overtaken dairy as the country’s top earner of overseas dollars. Spending by international tourists was up 20 percent over the previous year, with “The Hobbit” and “Lord of the Rings” movies filmed there as a draw. To read more, click here.
As the American Hotel & Lodging Association has worked to increase engagement and sharpen its advocacy agenda, it wanted an improved website to reflect the association’s efforts. A year in the making, the new AHLA.com is now live. Its sleek design reflects the innovative hospitality industry. New features include connectivity to AH&LA Councils and Committees, as well as a resource center with webinar archives, a Best Practices section, and of-the-moment research. Visit the new website here.
Hurricane Matthew’s impact on hotel room night demand and average room rates was similar to Hurricane Sandy’s effect on the U.S. hotel industry in 2012. Orlando and Miami, Fla, and Charleston, S.C., were impacted most, with Orlando losing $14,500,000 in room revenue. To read more, click here.