money, hotel sales

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...
direct booking conversion rate

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....
conversion

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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Residence Inn by Marriott Waco/South in Texas

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...
coronavirus economic impact

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...
Business person on phone

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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