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Integrating Starwood Is Marriott’s Top Priority

Following its acquisition of Starwood, Marriott is focused on integrating company cultures and seizing topline synergies, property efficiencies, and $250 million in G&A savings, CEO Arne Sorenson said during a third quarter earnings call. Executives made no direct mention of ...

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Searches for One-Way Tickets to Canada Spike

Top travel search engines have reported that searches for one-way tickets to Canada from the United States jumped yesterday following the U.S. presidential election. Cheapflights.com alone reported a more than 1,000 percent increase in searches for one-way tickets. To read ...

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Will SBE’s Morgans Hotel Acquisition Ever Happen?

Billionaire investor Ron Burkle and Sam Nazarian’s SBE Entertainment were unable to close on their acquisition of Morgans Hotel Group by the original deadline of Nov. 9, but the deal still has a shot to go through. The parties have ...

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M&A Could Slow as Cycle Peaks

Despite the recent Marriott-Starwood merger, an M&A slowdown could be on the horizon. At the Hotel Investment Conference Europe last week, executives noted that 2015 was a banner year because large hotel companies held an asset-light stance, and such a ...

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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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