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China’s BTG Acquires Homeinns for $1.7 Billion

Chinese economy hotel brand Homeinns Hotel Group has been acquired by BTG Hotels Group Hong Kong for $1.7 billion, reports Hotel Management. Upon approval, Homeinns will be a wholly owned subsidiary of BTG. Homeinns owns five brands and operates more ...

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Rapid Consolidation Sparks Industry Concern

A string of mergers over the past few months has sped industry consolidation considerably, leaving rival companies concerned about the reduction of competition, reports The New York Times. Between Expedia’s acquisitions of like-booking companies and the massive Marriott-Starwood merger, some ...

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AH&LA Addresses Visa Waiver Program Debate

Ahead of the House’s vote regarding the Visa Waiver Program, Katherine Lugar, president and CEO of the American Hotel and Lodging Association, submitted the following letter to the House and Senate leadership, all members of Congress, as well as the ...

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Former AH&LA Chair Donates to Educational Foundation

WASHINGTON, D.C.—Nancy Johnson, CHA, past chair of the American Hotel & Lodging Association (AH&LA), donated $5,000 for the fourth consecutive year to the American Hotel & Lodging Educational Foundation (AH&LEF) Annual Giving Campaign. Johnson, an AH&LEF board member, has been ...

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Chinese Merger Deal Set for $1.7 Billion

Chinese economy hotel brand Homeinns Hotel Group has been acquired by BTG Hotels Group Hong Kong for $1.7 billion, reports Hotel Management. Upon approval, Homeinns will be a wholly owned subsidiary of BTG. Homeinns owns five brands and operates more ...

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Temporary Spending Bill Likely in Face of Shutdown

With a government shutdown threat quickly approaching and Republican and Democrat leaders still far from finalizing a spending package, a short-term spending bill will likely be put in place to avoid another shutdown. The avoidance of a shutdown would be ...

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