Langham Hospitality Group says they intend to acquire hotels in Miami, New York, San Francisco, and and other cities internationally. The Hong Kong based company announced they have set aside up to $1.5 billion for the expansions.
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Aimia Acquires Spain’s Travel Club
Loyalty management company Aimia has just acquired a 25% stake in Spanish loyalty coalition Travel Club. The six million members of Travel Club now integrate with the international membership base eg. the UK’s Nectar, Nectar Italia, and Aeroplan etc.
Ratan Tata: Will India’s Greatest CEO Go Out Winners?
Not so many people in the world of business in India know of a man named Ratan Tata, but for entrepreneurial spirit, they certainly should. News today about his Tata Group and his Indian Hotels Co. Ltd., reveal one reason Tata has been so successful. News of an Orient-Express acquisition bid signal a bell ringing play by the famous businessman.
Investors Eagerly Await TZOO Q3
Travelzoo Inc. (NASDAQ: TZOO) will hold a conference call next Thursday October 25th to discuss their finances for Q3 of 2012. A press release reporting results will be issued just prior to market opening of that day.
Renthome.ru Expands With Angel Round + Digital Strategy
Renthome.ru, an online resource for independent travelers offering short-term vacation rentals across Russia and the CIS, has received approximately $1 million in angel investment. Participants in this round of investment include Russian and international entrepreneurs, as well as investors from the real estate market and finance sector.