Priceline Agrees to Acquire Momondo Group
NORWALK, Conn.—The Priceline Group Inc. has announced that it has signed a definitive agreement to acquire the Momondo Group in a cash transaction whereby...
Duetto Partners with easyHotel
LONDON—Duetto has announced that it will implement its cloud-based revenue strategy solutions, GameChanger and Scoreboard, for easyHotel, the owner, developer, operator, and franchisor of...
Latin American Booking Platform Launches in U.S.
PANAMA CITY—Hello, a vacation booking platform based in Latin America, today announced its official launch in the U.S. With an initial line-up of...
Why Hotels Should Reevaluate Their Tech Stack
I’m not surprised by all the current excitement for new technologies and for what we think might be emerging trends in the hotel industry....
Disrupting the OTA Game
Has the time come for the disruption of online travel agents (OTAs)? It has been 20 years since Expedia launched its first online travel...
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HVMG to Manage Upcoming Residence Inn by Marriott Waco/South
WACO, Texas — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership, and management company, recently announced it was awarded management of...
HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...
LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
Hospitality Companies and Their Lenders: Preparing for Difficult Conversations
In a sudden reversal of generally expansionary trends, the hospitality business has been among the most immediate and badly hit economic sectors as a...
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