• Issue 975

UK deals down in Q1

The total value of transactions was lower in the first quarter of this year than Q1 2013, according to a study from Zolfo Cooper, AM:PM and HVS.

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Premier Inn for Dubai

Nakheel has signed an agreement with Premier Inn to open a 372-room hotel at Ibn Battuta Mall in Dubai.

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Marriott offers points for interaction

Marriott International is offering members of its Marriott Rewards loyalty programme extra points for sharing content about the company on social media.

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OTAs continue to drive booking growth

Online Travel Agents saw a 9.2% increase in bookings on the year in the first quarter in the US, according to research from TravelClick.

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Wynn, MGM moot Japan IPOs

Wynn Resorts and MGM International are reported to be considering IPOs to fund gambling resorts in Japan.

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Blackstone makes USD1.75bn Vegas buy

Blackstone Group is reported to have acquired The Cosmopolitan casino complex in Las Vegas from Deutsche Bank for USD1.75bn.

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