News in brief: Yotel, Expotel, TripAdvisor
By Chloe Riley in News - June 2017
Yotel Amsterdam: Yotel will open its first city center property in Amsterdam. The 204-cabin hotel will be located in the…
Yotel Amsterdam: Yotel will open its first city center property in Amsterdam. The 204-cabin hotel will be located in the…
“No”-tel California: The owner of a Mexican hotel being sued by the Eagles for using the name Hotel California has called for…
Ascott REIT: Ascott Residence Trust acquired the 224-unit DoubleTree by Hilton Hotel New York – Times Square South for US$106…
Tata Group exec resigns: Rakesh Sarna, the managing director and chief executive of Indian Hotels Co., part of the Tata…
China sale. State-owned property developer Shenzhen Investment is selling its interests in several projects in smaller Chinese cities, including its…
Google: Google confirmed that it is rolling out a new interface for its Google Hotel Finder, which it launched in…
European hotels: STR reports that the European hotel industry saw growth in occupancy (up 3.3% to 65.6%), ADR (up 2.5%…
U.S. growth forecast: CBRE is predicting an eighth consecutive year of occupancy growth for U.S. hotels. For 1Q 2017, hotel…
Marriott Zanzibar: Marriott International signed of an agreement with Pennyroyal Gibraltar Limited to debut its Ritz-Carlton brand in Zanzibar Archipelago.…
Construction pipeline: According to Lodging Econometrics, the franchise companies with the largest pipelines by rooms in Q117 are; Marriott with…