Tag: finance
AccorHotels Purchases Three Hotel Asset Portfolios
Under HotelInvest, AccorHotels has announced the purchase of three hotel asset portfolios in Europe representing 29 hotels (3,677 rooms), for a total of approx...
Transient Segment Grows as Group Bookings Decline
NEW YORK—As hoteliers prepare for the start of 2016, properties in major North American markets are experiencing strong transient (individual business and leisure) bookings,...
Fitch Ratings on Industry’s ‘Capital Conundrum’
Corporates, or strategic buyers, may participate in more merger and acquisition (M&A) transactions in the U.S. lodging industry if the capital conundrum for private...
Business Travel Forecast Predicts Modest Price Gains in 2016
NEW YORK, N.Y.—The American Express Global Business Travel Forecast 2016, predicts ahotel prices will see modest gains in 2016, as a slowly-improving global economy...
Investment in Uber-Lux Hotels Ramps Up
Travelers’ increased desire for a unique hotel experience has given way to the uber-lux hotel, a brand-associated luxury property that provides guests with a...
