Issue 30: 8th August 2017

    Rezidor’s new leadership plan

    Rezidor Hotel Group’s new CEO announced plans for a new five-year strategy which is expected to see it align itself more closely with Carlson Hotels as it looks to drive revenues. The news came as fellow Scandinavian group Scandic Hotels reported a strong quarter as it too welcomed a change at the top and continued [...]

    Provincial UK deals roll on

    The Cairn Group has launched The Cairn Collection soft brand with a group of 10 hotels, half of which were formerly part of the Hotel Collection. The brand came as Peel Hotels said that it had seen trading slow in the second half of last year as a result of “the Brexit decision”, describing it [...]

    Wyndham’s ‘fantastic tuck-in’

    Wyndham Hotel Group has acquired AmericInn for USD170m, adding a midscale brand to the company portfolio. The deal came as RLJ Lodging Trust confirmed that it had rejected an unsolicited bid from a private equity group, thought to be Blackstone Group. Wyndham Hotel Group will acquire AmericInn and its management company, Three Rivers Hospitality, from [...]

    Operators fine on cancellations

    Hilton and InterContinental Hotels Group have joined Marriott International in introducing a cancellation fee for hotel rooms. The operators, which have trialled similar policies in the past, drew attention to the need to keep rooms open to last-minute bookings. Hilton told us: “At this moment, there are no changes for our guests, but we have [...]

    China’s operators mature

    China Lodging reported growth in the second quarter, driven by its midscale and upscale brands. The news came as HNA Group made its structure less opaque, while Dalian Wanda added a third party to its asset sale. China Lodging reported performance up across its estate, with revpar up 8.3% on the year for the second [...]

    Loyalty strategy pays off

    Six of the top 10 hotel brands saw direct bookings in the US increase from May 2016 to May 2017, according to Hitwise. The growth came after a concerted direct push from the global operators, leveraging loyalty programmes to offer discounts for booking direct, a strategy which Morgan Stanley described as “a price worth paying”. [...]