Hotel Investment Partners (HIP) has acquired the Elounda Blu hotel in Greece from the hospitality group Ledra Hotels & Villas.
Is Hilton on the way out as a single hotelier entity? What can investors and guest conclude from Hilton moves to sell off Europe and other mature assets? When a major hotel chain dumps on long time constituents, some say the sun may be setting on a vast hospitality empire.
Travelport announces new integration features as the company gets a new lease on life from investors. Travelport’s leading edge GDS technology is in need of an update, as worldwide travel becomes far more competitive. Blackstone Group’s reservation portal forgoes $2.6 billion in mature loans for now. Will the company integrate and expand its global business?