Accor may invest in India's Treebo Hotels

05-21 15:04

According to Indian business news site Mint, global hospitality giant Accor is in talks to invest up to $50 million in Treebo Hotels, an Indian tech-centric budget hospitality company.【MORE+】

Radisson to set third Cyprus hotel

05-20 15:01

As part of a master development agreement Radisson Hospitality AB signed in February with Cyprus-based management company SunnySeeker Hotels, the chain will open the 180-room Radisson Blu Hotel, Nicosia.【MORE+】

Trump Hotel pools shut down by health inspectors

05-17 10:49

Some pools at Florida properties under Trump Hotels International have been shut down by health inspectors multiple times over the past year, Quartz reports.【MORE+】

Global hotel pulseto Middle East/Africa news

05-16 10:41

Revenue per available room was down 7.9% to $105.33 in the Middle East, with average daily rate down 8.8% to $148.43 and occupancy up 0.9% to 71% for the quarter.【MORE+】

Hotels save on energy with in-room tech

05-15 10:39

Energy-saving technology in hotel guestrooms ranges from traditional methods such as LED lights to more advanced solutions.【MORE+】

U.S. hotel results for week ending 4 May

05-13 10:35

Among the Top 25 Markets, Boston, Massachusetts, registered the largest increases in each of the three key performance metrics: occupancy (+8.2% to 80.5%), ADR (+8.5% to US$227.08) and RevPAR (+17.4% to US$182.69).【MORE+】

Guests want experience recommendations from hotels

05-10 10:09

A majority (81 percent) of consumers would like to receive local experience and hotel upgrade recommendations from their hotels【MORE+】

Airbnb's newest neighbor in the home rental space: Marriott Hotels

05-09 10:08

Marriott is hitting back at Airbnb, which has been expanding its reach into the hotel industry, by rolling out its own home-rental service.【MORE+】

Summit Hotel Properties sells six hotels for $135m

04-30 10:00

Real estate investment trust Summit Hotel Properties announced the sale of six properties totaling 815 guestrooms for $135 million.【MORE+】

U.S. stocks expected to get higher

04-24 15:23

U.S. stocks were expected to open higher today “as investors digested central bank messaging and the latest developments in the U.S.-China trade talks,” The Wall Street Journal reports.【MORE+】

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