The newly combined company provides hoteliers with a cloud-based platform that gives hotels the tools to take control of their direct-booking channel, enhance brand loyalty, and drive profitability
Analysts at Lodging Econometrics (LE) report that at the fourth quarter close of 2021, the total U.S. construction pipeline stands at 4,814 projects/581,953 rooms, down 8% by projects and 10% by rooms year-over-year (YOY).
Excel Group, an Arlington, VA-based real estate investment firm, has announced its recent acquisition of the 221-room dual-brand Homewood Suites & Hilton Garden Inn Jacksonville Downtown.
An increasing number of companies have formalized a model that combines Airbnb booking arrangements with the basic structure of an average hotel—so-called 'Airbnb hotels.' Airbnb itself is building some of these hotels, while other companies manage buildings under this format, often using Airbnb to manage bookings.