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    Business before pleasure for Travelodge

    Travelodge said that business customers accounted for more than half of its guests last year. The company added that it expected its reputation on pricing to drive further corporate business as travellers looked to cut costs. Peter Gowers, Travelodge CEO, said: “Our 2016 results mark another milestone for Travelodge. We continue to focus on offering [...]

    Luxury owners turn to sharing

    Falling house prices in London are reportedly encouraging owners of luxury properties to rent them out on sharing platforms. The study came as Airbnb announced another series of tax agreements around the world as it looks to clarify its position ahead of its widely-expected IPO. According to Knight Frank’s Prime Central London Sales Index for [...]
    Holiday Inn Manchester City Centre

    Appetite in the regions unabated

    The regional hotel market showed an ongoing buoyancy, with two deals announced following the triggering of Article 50. Arora Hotels has acquired the lease for the London Hilton Gatwick, while Starwood Capital bought the Holiday Inn hotel in Manchester for an undisclosed fee. At Starwood Capital, the group has added the 298-key Holiday Inn Manchester [...]

    Direct drive powers on

    AccorHotels has acquired software provider Availpro, with plans to consolidate it with its Fastbooking solution. The deal was followed by Triptease’s announcement of USD9m in series B funding, which it will use to expand internationally as well as launching new booking product, Front Desk, which allows live interaction between agents and consumers. At AccorHotels, the [...]

    Louvre, Jin Jiang, Magnuson alliance launched

    Magnuson Hotels, Louvre Hotels Group and Jin Jiang Hotels have launched their distribution alliance, creating a group of 800,000 rooms. The trio offer rooms through the Magnuson Hotels website, where CEO Tom Magnuson told us the first 24 hours had seen a 67% conversion increase. The combination of Jin Jiang, Magnuson and Louvre Hotels will [...]

    Hilton expands in Sri Lanka

    Hilton has signed six management agreements with Melwa Hotels & Resorts Private, which will see the debut of the DoubleTree by Hilton brand in the country. The country is planning on doubling its earnings from tourism between this year and 2020, as the government continues to push investment in infrastructure. Guy Phillips, SVP, development – Asia [...]

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