Issue 45: 5th December 2017

    juryswatford

    Pandox tipped for Jury’s Inn

    Pandox has confirmed that it “has entered a negotiating phase” for a major portfolio, believed to be Jurys Inn. The comments came days after the group confirmed to this publication that it was looking for further acquisitions, after making its debut in the UK. The company said: “The acquisition concerns a hotel portfolio focused on [...]
    275-facade-1-hotel-barcelo-malaga21-149383

    Barceló to spark NH bidding war

    Barceló has reversed previous statements and made a move on NH Hotels Group, confirming to us that it was “expressing an interest”. Barceló is looking to acquire a 60% stake in its domestic rival, with sources close to Hotel Analyst commenting that a bidding war for NH was likely. The move is expected to provide [...]
    airbnb

    Airbnb buys Accomable

    Airbnb has acquired Accomable, known as the Airbnb for disabled people, for an undisclosed fee, a move set to further broaden its appeal. The move came as Airbnb put a rental cap on hosts in the centre of Paris, as it continues to work to become part of the accommodation mainstream ahead of its IPO, [...]
    Accor Local

    Accor launches third pillar

    AccorHotels has launched AccorLocal, an application allowing residents who live near an Accor property to access “the services of local artisans and companies”. The strategy is the group’s third vertical in its transformative strategy which is set to be consummated with the closing of its Booster operation, expected by the first quarter of next year. [...]
    Iceland

    Europe leads global demand

    Despite a range of disruptions to European tourism in recent years, visitation grew by around 1.5% in 2016 and is forecast to grow by another 2% in 2017, with demand for hotels outpacing supply, according to Christie & Co. A study from the group identified a number of markets ripe for investment, but warned that [...]
    Tivoli_Ecoresort_Praia_do_Forte_Piscina_Exterior_2

    Minor to build in blockaded Qatar

    Minor Hotels announced that it will open three new-build hotels in Qatar in spring 2018 under its Tivoli and Oaks brands. The news came despite the ongoing blockade imposed on Qatar by Saudi Arabia, the UAE, Bahrain and Egypt, which the country’s tourism body said had “acted as a catalyst to further develop the tourism [...]