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Priceline Group Selects Company Insider as Next CEO

The Priceline Group has named Glenn Fogel, a 16-year veteran of the company, as its new CEO. Fogel, who currently serves as Priceline’s head of strategy and executive vice president of corporate development, will make the transition Jan. 1. Chairman ...

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Host Hotels CEO Announces Retirement

Ed Walter, the president and CEO of hotel REIT Host Hotels & Resorts, announced that he will step down from his position, effective Jan. 1. Walter will be succeeded by James Risoleo, who is currently EVP and managing director of ...

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U.S. Business Travel Growth Wanes

The latest Travel Trends Index from the U.S. Travel Association and Oxford Economics indicates that domestic business travel demand decreased in October year-over-year. While experts anticipate business travel will remain slow for the next few months, they also believe that ...

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L.A. Has Highest Room Count in Early Planning Stage

According to the recent Construction Pipeline Trend Report from Lodging Econometrics, Los Angeles has 18,229 rooms/108 projects in the total pipeline. Early planning currently stands at 6,382 rooms/37 projects. It is the highest room count for this stage in any ...

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Airbnb On the Defensive in Biggest Markets

Airbnb’s short-term rentals are being scrutinized in markets across the country, such as Santa Monica, Calif., where a landlord became one of the first hosts in the U.S. to be convicted for renting out units illegally on the platform. Airbnb ...

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Trivago Plans to Raise $428 Million in IPO

Travel search engine giant Trivago plans to raise $428 million in an initial public offering to tentatively take place around Dec. 15. The offering would be priced between $13 to $15 per share, putting the company’s value at about $5 ...

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