The emergence of a ‘new’ hotel customer is forcing hotel operators to transform their business models, with many adopting new technologies to attract and retain guests, according to latest CBRE Hotel annual CheckIn report.
IHG to remove plastic straws from hotels worldwide
IHG® (InterContinental Hotels Group) has announced that they will remove plastic straws from their global estate by the end of 2019, representing more than 5,400 hotels in nearly 100 countries.
New hotel group Maribel launches in Europe
The Scandinavian hotel company First Hotels has joined forces with global hotel management company Belvar to form new hotel group, Maribel.
International tourism growth remains strong in 2018
According to the World Tourism Organization (UNWTO), international tourist arrivals grew 6% globally in the first six months of 2018, with strong performances from the Southern Mediterranean Europe and South-East Asia regions.
IHG’s avid hotels brand to launch in Europe
IHG (InterContinental Hotels Group), has announced a Multiple Development Agreement with GS Star GmbH to bring 15 avid hotels to the German market, marking avid’s debut in Europe.
Marriott International to expand to 80 properties in United Arab Emirates by 2023
Marriott International is scheduled to add 5 new properties in United Arab Emirates by the end of 2018, and 20 new properties by 2023.
AccorHotels completes acquisition of a 50% stake in sbe Entertainment Group
AccorHotels and sbe Entertainment Group (“sbe”) announced today the completion of AccorHotels’ acquisition of a 50% stake in sbe.
Through this partnership, AccorHotels’ will pursue its strategy to expand its offering in the luxury lifestyle hospitality segment and its footprint in gateway cities across North America.
Hyatt Hotels to buy Two Roads Hospitality in $480 million deal
@Hyatt Hyatt Hotels Corporation announced an agreement to acquire Two Roads Hospitality, an international lifestyle hotel management company with a unique collection of distinctive brands, properties and a robust development pipeline around the globe.
Amadeus acquires TravelClick for $1.52bn
Amadeus, a major IT provider for the global tourism industry, has completed a USD $1.52bn acquisition of TravelClick from Thoma Bravo.
Landmark partnership to introduce cryptocurrency to major airports around the world.
Cryptocurrency exchange firm, Binance, is working with TravelbyBit to introduce a blockchain payment system into major airports around the world.
