The COVID-19 situation where travel and hospitality are concern, is largely understated by most experts who project a mid-term leveling out.
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.
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.
Magnuson Hotels has announced yet another complete rebranding of the Magnuson Hotel – Port Allen in Louisiana. The world’s largest independent hotel group, Magnuson hopes to improve the regional and national positioning of this 48 room accommodation on the outskirts of Baton Rouge.
On Tuesday, an new, independent OTA announced a strategical alignment with RateTiger. Global Hotel Exchange, a cost free distrubution channel for hotels to launch in January, will leverage the power of global hospitality technology provider Rate Tager and eRevMax.