Owned by Malvern Group, the Manchester-based companies had recently come under significant cash flow pressure following news that one of the Group’s principal shareholders had defaulted on its debt repayments and would not be able to support the business in the short term.
U.S. Hotel construction pipeline continues growth
For the second quarter of 2019, the U.S. hotel construction pipeline continued Its year-over-year growth spurt even as business investment declined for the first time since 2016
Hilton and Alshaya Group partner to open 70 Hampton by Hilton Hotels
New deal supports Hampton by Hilton expansion in nine countries across the Middle East, North Africa, Turkey and Russia.
New World of Hyatt mobile app for a more personalized and seamless travel experience
The redesigned app unlocks new experiences for World of Hyatt members
More Americans are visiting Europe: 2019 traveler trends revealed
Squaremouth reveals the biggest European travel trends, including where travelers are headed, their travel concerns, and how much they’re spending.
Accor releases first-half 2019 results
Sébastien Bazin, Chairman, and CEO of Accor: “Once again, Accor reported another semester of solid results, in line with its objectives set for the medium term.”
Wyndham continues growth in APAC
Wyndham Hotels and Resorts expects to open 500 hotels in the next three years
End of the road for bathroom miniatures
IHG opts for bulk-size amenities to reduce plastic waste
AmexGBT launches Hotel Monitor 2020
AmexGBT predicts that hotel prices in most key cities will experience only modest rises in 2020.
Flight Centre produces powerhouse global experience company
Flight Centre launches Discova, a global destination management specialist with the synergy of two successful DMC businesses – Buffalo Tours in Asia and Olympus Tours in the Americas.
