• Issue 876

OTA growth stalls

Online bookings growth has plateaued in the UK, with customers still picking up the phone. Direct online bookings have slipped to 52% of the market, from 56% in 2012, report consultants Zolfo Cooper.

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Saudi additions

Carlson Rezidor has signed two Radisson Blu properties in Saudi Arabia. A 186 room hotel will open in late 2015, followed by a 180 unit residences project opening in mid 2016.

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Hilton float success

Blackstone raised USD2.34bn in its initial public offering of Hilton, which was oversubscribed. Shares were priced within the expected range at USD20, valuing the group at USD19.7bn, reports Reuters.

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Starwood’s selfies

Starwood has linked with image sharing site Instagram, across all of its brands. The integration allows guests to share photos and videos of destinations around each of the group’s 1,150 hotels.

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