hotel industry

The Latest

  • Trump To Sell Marquee Washington Hotel For $375 Million
    Trump
    Trump has reached a purchase and sale agreement with CGI Merchant Group for the Trump International Hotel in Washington.
  • China's Domestic Tourism Swept Up In Qingming Expectations
    Qingming Festival travel China
    The Qingming Festival might breathe life back into China's domestic tourism industry.
  • Blackstone Group And Starwood Capital To Buy Extended Stay For $6 Billion
    Blackstone
    Blackstone Group and Starwood Capital's offer represents a 23% premium.
  • Hong Kong, Singapore Travel Bubble A Glimmer Of Hope For Economies
    Singapore
    Up to 200 travelers a day from each country will be allowed on special flights if they pass medicals.
  • Macao Hotels And Casinos See Uptick In Bookings For 'Golden Week' Holidays
    NEW CASES
    According to Morgan Stanley of the 23 Macao hotels it tracks have been fully booked for the first week of October.
  • Macao Hotels And Casinos See Uptick In Bookings For 'Golden Week' Holidays
    NEW CASES
    According to Morgan Stanley of the 23 Macao hotels it tracks have been fully booked for the first week of October.
  • Airbnb Reports Booking Growth As Broader Hotel Industry Suffers Slump
    Airbnb
    Airbnb outpaced other hospitality businesses – including hotels, resorts and other home rental apps, research company Edison Trends says.
  • Hilton, Country Garden Building 1,000 Long-Term-Stay Hotels In China
    Hilton
    China’s travel landscape is evolving as a result of the coronavirus and longer stays are now popular.
  • Hilton To Cut 2,100 Jobs Amid Continued Demand Slump
    Hilton Hotels
    Hilton announced that it will be letting go of around 2,100 of its corporate employees and extending the furlough period of already affected workers by an additional 90 days.
  • Marriott International Misses Already Low Earnings Estimates For First Quarter
    Marriott International
    Marriot believes that April may have been its bottom as it is already seeing an uptick in its business, particularly in Greater China.
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