The new investor will infuse capital capacity to accelerate Outrigger’s growth plan, while keeping the current management team in place.
Brexit puts the brakes on UK hotel investment
Hotel transactions in Q3 totalled £522m in value, nearly half of that recorded in Q3 2015 and total transactions for the year-to-date were also significantly below that of last year.
London hotel sells services to neighbouring short term rental apartments
The Bermondsey Square Hotel is offering a selection of hotel services for local rental apartments within one mile of the hotel including housekeeping services, key management, maintenance and guest point of contact.
Tourists still value printed brochures: study
Bentley University’s Center for Marketing Technology study finds once they reach their vacation destination, tourists say brochures are their number one resource and they rely on them more than websites.
JW Marriott launches Drone Experience Program
The Drone Experience Program will enable guests to capture an aerial overview of the hotel and destination by using a DJI drone with the help of a trained UAV pilot.
New age of flashpacking across Southeast Asia
With over 15,000 new beds added over the last year, a rising segment of second generation upmarket hostels is now attracting a wider demographic.
AccorHotels buys 30% stake in 25hours Hotels
The partnership with help 25hours expand beyond its German base.
Marriott massive on Twitter too
Marriott has a whopping 416,000 followers on Twitter, more than double that of its closest competitors.
PARKROYAL launches app with 1,000+ user-curated guides
In a first-mover collaboration, PARKROYAL Picks taps into the sharing economy to offer a compilation of hidden gems and best-kept secrets to help travellers explore the city like a local.
Choice Hotels partners with Ctrip, China’s largest OTA
Choice has also enhanced Comfort Inn and Comfort Suites amenities to accommodate an increase in inbound Chinese tourists.
