Accor Hotels, the largest hotel player in Europe, has announced guarded optimism for business going forward into 2012. According to their assessment, demand for rooms in Europe looks stable, while concerns over debt burdened South Europe put a damper on expectations.
Hyatt Hotels
Big Hotels Launch Their Own OTA – Roomkey
In travel technology news from yesterday Tnooz carried the announcement that six of the world’s largest hotel proprietors had launched a booking commune Roomkey. Choice Hotels International, Hilton Worldwide, Hyatt Hotels, InterContinental Hotels, Marriott International and Wyndham Hotel Group set sail on a joint venture which is piloted by Pegasus founder John Davis. Argophilia Travel News decided to take the new flagship for a ride.
Hyatt Hotels Partners for Black Sea Resort in Sochi
Hyatt Hotels Corp. just announced a joint venture with real estate conglomerate Yug – Novy Vek (Sneriri) Development, for the management of Hyatt Regency Sochi, being built for the 2014 Olympics in the Russian Federation. The seaside resort hotel will feature some 200 rooms, 26 suites, restaurants, a bar, pool, and other amenties customary for Hyatt offerings.