Portfolio expansion gathers momentum with more than 5,000 units added within the first quarter of 2018, over 300% increase year-on-year. @Ascott_Ltd
AccorHotels signs strategic agreement with Mantis Group
Leading hospitality group acquires 50% stake in Mantis Group, the South Africa-based hospitality and travel conglomerate. @Accorhotels @MantisGroup
Business travellers eager to purchase more from hotels
A new white paper, sponsored by iSeatz, titled ÒBusiness Travelers and their Demand for Ancillary ServicesÓ finds that business travellers, especially Millennials, are interested in purchasing trip extras. @iSeatzcom
Dusit International introduces new hotel brand
ASAI Hotels to offer authentic local experiences in the worldÕs most vibrant neighbourhoods. @DusitHotels
Food & beverage trends in the lodging industry
Research provides food-and-beverage demand outlook through 2020 and reveals performance and occupancy trends, investment plans and new food formats. @Avendra
Wyndham strengthens Trademark’s U.S. footprint
Hotel giant’s soft-branded concept expands to nearly 70 strong and growing globally. @WHG_News
Diamond Resorts completes acquisition of Amber Vacation Club
The transaction adds additional resorts in Florida and Tennessee to Diamond Resorts’ growing portfolio of properties. @diamondresorts
Wyndham Hotel Group to expand in Europe
The multi-development agreement will bring nine of WyndhamÕs hotel brands to more European destinations. @Wyndham @Novum_Group
Britons unsure whether they would get a refund if their travel provider went bust
Fewer than half of Britons feel confident that they would get a refund if their holiday provider went out of business, according to research consultancy BDRCÕs latest Holiday Trends report. @BDRC_Group
Midas Hospitality creates new sister company
Midas Capital to work with investors for future hotel projects. @MIDASHOTELS
