Five of the biggest hotel groups lost in excess of $25 billion in market cap up until now. Experts say recovery is years down the road.
The private sector cannot be counted upon to provide a truly sustainable solution for tourism. It seems clear lawmakers will need to step in.
Hilton’s Canopy has just opened in Zagreb, Croatia, the first such hotel in continental Europe. The Canopy by Hilton Zagreb offers 151 guest rooms with 8 suites with decor inspired by Croatian tradition.
A wedding is a once-in-a-lifetime occasion, the biggest celebration of your lives. It captures the big and small moments of a love story, and its narrative sets the stage for the idea, theme, and the feel of the wedding. As you begin your journey together as one, enlisting some of the best wedding specialists to bring your dreams to life is instrumental.
Hilton has announced the opening of Hilton Saint Petersburg ExpoForum, the debut of Hilton Hotels & Resorts in the northwest region of the Russian Federation.
Fear of growing competition has made Croatia’s hotel market prime for big hotel management and development brands intent on expansion.
For those who thought augmented and virtual reality technologies were just for gamers, news from Chinese search giant Baidu tells of the company building an AR lab to research and build experiences for the digital world. Across the spectrum of the mobile-digital realm, companies are in a frenzied uptake mode for developing and launching AR capability. Nowhere is this more prevalent than in the travel, booking, and hospitality experience spaces.
The world’s best known hotel chain, Hilton just signed a franchise agreement with Stone Bridge Hotel to begin construction of Double Tree by Hilton Skopje. The new hotel to be situated along the river Vardar, will feature 170 rooms and cost in the neighborhood of €30 million euro, according to the news from Macedonia.
Even though most hotel guest might figure hospitality players got the negative message over ancillary charges, hidden fees, and particularly pay-for WiFi, even the biggest hotel chains did not. According to a report via The Telegraph, travel portal Gogobot performed a survey recently revealing guest displeasure with hotels still charging for Internet.
MCR Development LLC announced on Friday their having acquired 1o Hilton and Marriott hotels from Skye Hospitality. With a total of 1,294 rooms, the portfolio is made up of primarily newer hotels, according to the company’s press.
A federal lawsuit naming the likes of Expedia, Orbitz, Booking.com, Travelocity, Trump International Hotels Management, Intercontinental, Kimpton, Sabre Holdings, Priceline, Marriott, Starwood, and Hilton alleges the companies conspired to fix hotel room prices. According to the news from Reuters, the suit claims the travel giants did so in an effort to fend off competition from smaller online retailers.
A couple of weeks ago we announced hotels could load their inventory onto Treovi. Yesterday the Swiss startup announced having opened their beta doors to guests, inviting the world to not only search desired destination hotels, but to just plain “book!” This niche of travel booking entities is growing pretty fast, but Treovi thinks their model is the only truly free one.
A news release yesterday via Business Wire tells of conglomerate hotel booking site Room Key’s coming out of Beta status. What’s curious about this news is not so much the fluffy nature of it, but claims of millions having flocked to the startup to book their hotel rooms. At least this is the feel of the announcement. A bit of one of those “non-event” specialties creative PR agencies excel at perhaps? What’s the real story?
Given your choices for a romantic getaway to Paris, what hotel would you spend a weekend or a week with? The Hilton, the Ritz Paris perhaps, the Westin Paris, or maybe Hotel de Crillon? Possibly, but remember I asked about a romantic getaway.
Roomkey. If there were ever a more appropriate name for a hotel booking channel, a more symbolically significant potential for branding, that would have to be perfection. Roomkey.com actually does have that possibility. But, like all great ideas and initiatives, the big time hoteliers’ 3rd interjection of intelligent engagement, has it’s problems too. There’s room for lots of niche products in travel, but is Roomkey an escape hatch or a marketing channel? And if exit marketing is introduced, even niche traffic and conversions could be scared away.