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    plateno jin jiang

    Jin Jiang, Plateno’s ‘world’s largest’ loyalty scheme

    Jin Jiang and Plateno have announced the integration of their member databases, bringing Plateno’s 80 million members and Jin Jiang’s 26 million members together. The paid said that the move would “push forward reform and innovation of China’s hotel industry”. In contrast, the takeover by Marriott International of Starwood Hotels & Resorts will bring together [...]
    Rezidor Cape Town

    Rezidor’s ‘turbulent year’

    Rezidor Hotel Group reported a 3.2% increase in full-year revpar, while revenue fell by 3.6% to EUR961.2m. The group said that it expected to see growth in revpar and continued to put faith in its expansion in developing markets, in particular Africa. The results came as the company unanimously recommended that shareholders not accept HNA [...]

    Taj pares back brands

    Indian Hotel Company is to bring all its hotels under the Taj flag, phasing out the Vivanta by Taj and the Gateway Hotels & Resorts brands. The company said that the move would create “greater brand resonance” with guests and “considerable value creation” for all stakeholders at a time when the group has been trying [...]

    OTAs make meta bet

    The Priceline Group is to acquire Cheapflights’ owner the Momondo Group for USD550m. The news came as Trivago was the strongest performer for Expedia, Inc in its fourth-quarter results, illustrating that, for the consumer, meta search is king. The Momondo Group will roll under The Priceline Group’s leading travel meta brand, Kayak. “Metasearch is appealing [...]
    thomas cook

    Tour operators’ Brexit boost

    Thomas Cook said that it had seen UK consumers buying all-inclusive holidays to protect themselves from currency movements. TUI Group which also reported first quarter results, said that it had seen no difference in bookings, with both companies reporting enthusiasm for Greece. Shares in Thomas Cook fell by 7.7% after tCEO Peter Fankhauser said he [...]

    EC investigates pricing

    The European Commission has launched an investigation into whether consumers are able to enjoy cross-border choice and buy accommodation at competitive prices. Following complaints from customers, the EC is investigating agreements between the largest European tour operators, including Kuoni, REWE, Thomas Cook and TUI and Meliá Hotels. The EC said that it had launched three [...]

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