Issue 1: 9th January 2018

    Jurys Inn brand under review

    Pandox said that the branding on the hotels it acquired in its GBP800m deal with Lone Star was currently under review by operator Leonardo Hotels. The company told us that the “landmark” deal would give it a platform to grow in the UK, with more deals likely after it had built up its market knowledge. [...]

    TUI embraces blockchain

    TUI Group CEO used its annual results to discuss how it was using blockchain technologies to “serve our customers better and yield our product better”. The company was the latest to adopt the technology, which allows for secure data sharing, following similar moves in the airline industry. TUI’s in-house blockchain works alongside its Cyrus yield [...]

    UK deals to grow in 2018

    The UK is expected to see the volume of deals grow in 2018, despite an anticipated fall in performance. The forecast came as HVS said that this year would “truly sift the good from the average, particularly in cities with an increasing supply of hotels, such as London”. Julian Troup, head of hotels agency, Colliers [...]

    Brookfield backs Airbnb

    Brookfield Property Partners is to invest up to USD200m in a joint venture with Niido, the multifamily development partner of Airbnb. The move sees Airbnb target the hospitality sector with the help of the residential property sector, as it moves towards its IPO, anticipated this year. USD20m of the investment has already been deployed at [...]

    Hyatt’s cancellation loyalty bonus

    Hyatt Hotels Corporation has joined Marriott International, Hilton and InterContinental Hotels Group by introducing a 48-hour minimum cancellation period across its hotels. The company has made an exemption for its loyalty programme members, who are offered a 24 hour cancellation window, regardless of individual hotel policy. The policy applied to all bookings made or changed [...]

    Google adds direct messaging

    Google has extended its direct messaging feature to allow customers message hotels direct from its search results. The move came as the search engine was accused of ganging up on the OTAs, in league with hotel companies. Google users can now message hotels directly through Google Maps, using the Q&A feature, as well as through [...]