Amazon has set the chessboard to succeed in the travel vertical in a way that is not expected.
Posted on: 17 June 2019 | 8:13 pm
CIP, a licensed Washington brokerage, represented the Seller in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer, as well as the parties other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Posted on: 17 June 2019 | 8:05 pm
This purchase represents the seventh major transaction for Excel Group over the past twelve months, representing a total transaction volume of over $170 million.
Posted on: 17 June 2019 | 3:15 pm
This event is designed for hotel marketing and revenue leaders to learn about fresh and innovative initiatives that will drive revenue for their hotel and stand out in the hospitality industry. NextGuest will be in attendance and speaking about the latest in hospitality. Formerly HEBS Digital, the agency is continuing the legacy of being known as thought leaders in the industry by offering a series of informative workshops on June 18, with a focus on how hoteliers can drive direct bookings.
Posted on: 17 June 2019 | 3:08 pm
In todays highly competitive hotel industry, hotel irrespective of size, category, offerings and locations need to do everything that would help them attain sustainability to remain competitive in the long run. In other words, they must understand the changes in hospitality technology, guests hotel booking pattern, their expectations, etc. to make required changes in their hotel business process at the right time to stay relevant.
Posted on: 17 June 2019 | 3:05 pm
Hoffman to open West Hollywood hotel and residences on Sunset Strip in 2020
Posted on: 17 June 2019 | 2:56 pm
Growing demand expected across commercial air travel, defense, space and services markets - 20-year commercial outlook projects $16 trillion market, powered by rising requirement for 44,040 new jets and related services
Posted on: 17 June 2019 | 2:52 pm
Tru by Hilton announced the opening of its latest hotel, Tru by Hilton El Paso Northeast. The 90-room hotel, located at 3620 Joe Battle Blvd. in El Paso, is owned by Tru El Paso NE LLC and managed by Kana Hotel Group. The new hotel is located near University of Texas at El Paso.
Posted on: 17 June 2019 | 2:39 pm
On a combined basis for all operations, Air Group reported a 1.0% increase in traffic on a 0.7% increase in capacity compared to May 2018. Load factor increased 0.3 points to 85.7%.
Posted on: 17 June 2019 | 2:36 pm
sbe is announcing the re-opening of Cleo Mediterráneo Hollywood, the second location in Los Angeles. The culinary concept from sbe's division Disruptive Group is situated at the new h Club Los Angeles property, that was originally home to The Redbury Hotel.
Posted on: 17 June 2019 | 2:34 pm
For the month of May 2019, Copa Holdings' system-wide passenger traffic (RPMs) decreased 2.6% year over year, while capacity (ASMs) decreased 4.6%. As a result, system load factor for the month was 86.1%, 1.8 percentage points higher than May 2018.
Posted on: 17 June 2019 | 2:30 pm
Frankfurt Airport (FRA) welcomed 6.2 million passengers in May 2019, an increase of 1.4 percent year-on-year. The growth rate would have been one percentage point higher, if FRA had not been affected by a number of weather and strike-related flight cancellations during the reporting month. Over the first five months of 2019, FRA achieved passenger growth of 2.9 percent.
Posted on: 17 June 2019 | 2:01 pm
Domino's Pizza (NYSE: DPZ) and Nuro are partnering on autonomous pizza delivery using the custom unmanned vehicle known as the R2 later this year. Domino's will use Nuro's unmanned fleet to serve select Houston Domino's customers who place orders online.
Posted on: 17 June 2019 | 1:59 pm
108-room Hilton Garden Inn Albany set to open in late 2020
Posted on: 17 June 2019 | 1:56 pm