Tag: lodging daily news
Searches for One-Way Tickets to Canada Spike
Top travel search engines have reported that searches for one-way tickets to Canada from the United States jumped yesterday following the U.S. presidential election....
Will SBE’s Morgans Hotel Acquisition Ever Happen?
Billionaire investor Ron Burkle and Sam Nazarian’s SBE Entertainment were unable to close on their acquisition of Morgans Hotel Group by the original deadline...
Travel Industry Voices Concerns Over Trump Presidency
Hospitality faces a new reality after the announcement that Donald Trump is the president elect of the United States. Just a day before the...
AccorHotels to Buy Stake in German Boutique Hotel Chain
AccorHotels has announced it will purchase a 30 percent stake in German hotel chain 25hours Hotels for $35 million. 25hours Hotels runs seven boutique...
HNA’s Hilton Purchase Alters Ownership Landscape
HNA Group's 25 percent, $6.5 billion purchase of Hilton Worldwide Holdings is shaking up its previous acquisitions of European assets. HNA's ownership stakes in...