Tag: daily feed
Expedia-Orbitz Merger Wins Antitrust Bid
Expedia's purchase of Orbitz Worldwide has received clearance from U.S. Antitrust officials reviewing the $1.3 billion deal, reports Bloomberg Business.
Since the news was released,...
U.S. Judge Denies Baha Mar’s Bankruptcy Filing
A U.S. bankruptcy judge has largely dismissed megaresort Baha Mar's Chapter 11 filing, The Wall Street Journal reports. The latest hit to the stalled...
Cities Adding Rooms to Attract Conventions
Despite continuous updates to downtown areas, many cities are finding that improvements are rendered meaningless to meeting planners without a convention hotel present, says...
Study Reveals CEO Turnover Rates
AETHOS Consulting Group has released the findings its 2015 Hotel CEO Turnover Study, revealing that 2014 experienced the lowest turnover rate since 2004. According...
Tech Mogul Drops $71.6 Million on Palo Alto Hotel
Larry Ellison, co-founder of Oracle Corp., has purchased a California hotel for $71.6 million–roughly $832,500 per room, according to Silicon Valley Business Journal.
The Epiphany...