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    Marriott Starwood merger

    China drag on Marwood

    Marriott International’s merger with Starwood Hotels & Resorts has been delayed by a potential 60 days by the Chinese Ministry of Commerce. The pair expect the deal to complete and sources close to Hotel Analyst suggest that it will go through, even if the ministry demands the disposal of hotels. The ministry, known as Mofcom, [...]
    stop clicking around - Hilton

    IHG, Hilton hail direct move

    InterContinental Hotels Group and Hilton Worldwide used their second-quarter results to proclaim their direct booking drives a success. Both companies have seen an increase in membership of their loyalty programmes, with Hilton Worldwide cautioning that the drive for direct booking was “early days…it’s going to go on for years”. IHG said that the global roll [...]
    accor

    Accor on offensive as deputy quits

    AccorHotels’s deputy CEO Vivek Badrinath is to leave the company to join Vodafone Group, but will remain on the group’s board. The news came as AccorHotels said that it had changed “drastically” over the past few years and would continue to be acquisitive. Badrinath joined the company in 2014, from Orange. At Vodafone he will [...]
    Choice Hotels Cambria Suites Washington DC

    Franchisors focus growth

    Wyndham Worldwide and Choice Hotels International outlined plans to attract new franchisees as competition grows amongst the operators. Wyndham said that it would focus expansion on the economy sector, while Choice said that it was seeing “momentum” in international growth with “tremendous opportunity in Europe”. At Choice, the group signed 147 new domestic hotel franchise [...]
    hyattziva

    Owners cautious in ‘choppy’ trading

    Hotel owners were cautious amidst falling corporate demand and tightening booking windows, with forecasts tightened. Hyatt Hotels Corporation and Host Hotels & Resorts remained committed to both sales and acquisitions, joined by Blackstone Group, which launched a non-traded Reit which is expected to include hotels. At Hyatt, Mark Hoplamazian, president & CEO, told analysts that, [...]
    Priceline

    Distributors warn on discounting

    The Priceline Group warned that it was “very well-positioned” to offer discounts in competition with the cheap rates operators were giving to loyalty members. The comments came as Expedia said that it had not seen any impact from the direct booking drive underway, despite a deceleration in room night growth. At The Priceline Group, chairman, [...]

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