News Hub

News Hub
Apr 2016

News for April 28, 2016

HNA Tourism Group Enters Agreement With Carlson Hospitality Group For The Acquisition Of Carlson Hotels, Inc.

Accenture Appoints Greg Kaplan As Lead Creative Director

Priceline Group CEO Darren Huston Resigns; Chairman Jeffery H. Boyd Appointed Interim CEO - Gillian Tans Named Chief Executive Officer Of

Marriott International Signs New Doha Property As It Unveils Robust Expansion Plans - Company Targets 245 Hotels With Nearly 44,000 Operating And Signed Rooms By 2020

Visa Brings Digital Payments To Rio 2016 Olympic Games As 1.2 Million Travelers Are Expected In Brazil

Tribute Portfolio Sees Impressive First Year, Doubling Growth Projections And Reaching 20 Hotels Globally

Hilton Worldwide Reports First Quarter Results, Exceeds High End Of Adjusted EBITDA Guidance

MasterCard Incorporated Reports First-Quarter 2016 Financial Results

News for April 27, 2016

Hiring Plans On The Rise But Finding The Right Staff Is The Biggest Challenge To Growth Since Recession, Says American Express OPEN Small Business Monitor

Starwood Continues Aggressive Expansion In Latin America With The Signing Of Two Leading-Edge Properties In Lima, The Aloft Lima Miraflores And Aloft Lima Costa Verde - Both Hotels Are Owned And Managed By Libertador

Business Leaders Must Reimagine The Workforce In The Digital Age - New Study Shows That Only One In Ten Workforces Are Fully Empowered – Study By Workforce Transformation In The Digital Vortex, From The Center For Digital Business Transformation, An IMD And Cisco Initiative

Marriott Hotels Makes Landmark Debut In Taizhou, The Zhejiang Taizhou Marriott Hotel

Choice Hotels Expands Its Upscale Ascend Hotel Collection In The Caribbean, The Hope Town Harbour Lodge In The Abacos, A Chain Of Islands In The Northern Bahamas

IBM Boosts Support To OpenStack’s RefStack Project To Advance Common Language Between Clouds - OpenStack Initiative Is Step Toward Truly Open Cloud Community

Swiss Re Moves To The Swisscom Cloud

News for April 26, 2016

Here Comes Wedding Season: How Consumers Will Pay For Others' Big Day In 2016 - Average Cost To Attend A Wedding Is $703; $893 For Millennials, Up 27% From The General Population According To The American Express Spending & Saving Tracker

Starwood’s Eco-Innovation Lab, Element Is On Track To More Than Double Its Dynamic North America Portfolio By The End Of 2018

AAA: More Than One-Third Of Americans Will Take A Family Vacation This Year

Emaar Hospitality Group Marks Expansion With 35 New Hotels & Serviced Residences In UAE And Global Markets

Wyndham Hotel Group Announce Opening Of The First Super 8 Hotel In Germany, The Super 8 Munich West

Accenture Research Finds Insurers Will Succeed At Digital Transformation By Putting People First

Wyndham Worldwide Reports First Quarter 2016 Results

FelCor Reports First Quarter 2016 Earnings

News for April 25, 2016

Rosewood Washington, D.C. Debuts – Takes Over Management Of Capella Washington, D.C.

Sustainable Travel In 2016: What Does Sustainable Travel Mean To Consumers Today? Shares Findings From Recent Report

LQ Hotel By La Quinta Expands In Mexico

Starwood Hotels & Resorts’ Innovative Aloft Brand Forges Ahead In Indonesia With The Signing Of Aloft Jakarta Simatupang

eRevMax Boosts Hotel Online Revenue, Generates USD 1.9 Billion In 2015 - Hotel Customers Witness Double Digit Revenue Growth YoY

News for April 22, 2016

Marriott International Expands Delta Hotels And Resorts Globally With Opening Of First U.S. Property, The Delta Orlando Lake Buena Vista In Partnership With JHM Hotels

Summer Travel Forecast: Orbitz Data Reveals Airfares Drop, Hotel Prices Rise And Popular Destinations Shift For American Travelers - 75 Percent Of Americans Plan To Travel This Summer, A Seven Percent Increase Year-Over-Year

China Business Travel Market Overtakes United States As Global Leader In Business Travel Spend According To GBTA BTI™ Outlook – China 2016 H1, A Report By The GBTA Foundation

LaSalle Hotel Properties Reports First Quarter 2016 Results - Achieves Highest-Ever First Quarter Hotel EBITDA And Hotel EBITDA Margin

Visa Inc. Reports Fiscal Second Quarter 2016 Results

News for April 21, 2016

Carlson Wagonlit Travel Announce That Kurt Ekert Is Replacing Douglas Anderson As President And CEO, With Immediate Effect

9 Of 10 North American Employees Satisfied With Business Travel Experience - New Research By The GBTA Foundation Reveals Key Drivers For Business Travel Satisfaction

Interval Leisure Group Announces Stockholder Approval In Connection With Acquisition Of Vistana Signature Experiences

Accenture Opens Cyber Center In Bangalore, India To Help Organizations Tackle Complex Security Challenges

American Express First Quarter EPS Of $1.45, Full Year Outlook Reaffirmed; Revenues Rise On Strong Net Interest Income Growth; 3 Million New Cards Acquired On High Investment Spending

Blackstone Reports First Quarter 2016 Results

News for April 20, 2016

Kuzu Group Appoints Jumeirah Group To Operate Luxury Hotel And Private Residences Within The Sea Pearl Development In Ataköy, Istanbul

PwC Survey: US Workers Feeling More Financial Stress - Millennials More Stressed About Their Financial Situations Than Any Other Generation

Expedia’s Travel Management Company Partners With Amadeus And Airlines To Offer Ancillaries To Business Travelers

IBM Closes Acquisition Of Aperto - Acquisition Extends Experience Design Talent Throughout Europe

MasterCard, Western Union Join bKash To Make Cross-Border Money Transfers Into Mobile Phones A Reality For 22 Million Bangladeshis

The Coca-Cola Company Reports First Quarter 2016 Results

News for April 19, 2016

Q1 2016: Rezidor Enters Economy Segment Through The Acquisition Of A 49% Stake Of Prizeotel And Accelerates Signings And Openings

Choice Hotels Appoints Steve Caron Head Of Vacation Rentals By Choice Hotels

David Flannery Joins GSO Capital Partners In New York

Le Meridien Hotels & Resorts To Debut In Fort Lauderdale Following $30 Million Renovation

St. Regis Hotels & Resorts To Debut In Serbia’s Capital City In 2019 with The St. Regis Belgrade – Will Move Into Exclusive 40-Story Tower As The Crown Jewel Of The Highly Anticipated Belgrade Waterfront Development

Cornell Study: Hotels Managers Shouldn't Overdo Responses To Online Review

GBTA Announces Launch In India - India Currently 10th Largest Business Travel Market In The World, Poised For Breakout Growth

IBM Reports 2016 First-Quarter Earnings

News for April 18, 2016

Ashford Trust Announces Planned Sale Of 5-Hotel Select-Service Portfolio To Noble Investment Group

RLHC Appoints Leslee Torres To Lead Innovation And Strategy

Companies That Effectively Balance Risk Agility And Risk Resilience Are Destined For Long-Term Growth, Says PwC – Ten Steps To Systematically Build A Risk-Agile And Resilient Infrastructure

Invasion Of Ad Blockers Threatens Future Of Digital Advertising Market, New Accenture Survey Finds - Majority Of Consumers Aware Of Ad Blockers, And 4 In 10 Would Pay To Remove Ad Interruptions

Oakwood Opens First Branded-Building In Australia, The Oakwood Apartments Brisbane

Sheraton Centre Toronto Hotel Announces Completion Of $120 Million Renovation

News for April 15, 2016

La Quinta Holdings Inc. Appoints John Cantele As Chief Operating Officer - Angelo Lombardi To Depart The Company

Business Travel Industry Drives Jobs, GDP Growth In Mexico - GBTA Foundation Report Reveals Business Travel Impact On Mexican Economy And Jobs

RLHC Debuts At Hartsfield-Jackson Atlanta International Airport, First Location In Atlanta Market

USC And IBM Extend Collaboration, Apply Cognitive Computing For IoT Solutions - $25 Million Joint Center For Applied Innovation Opens Doors In South Carolina’s Innovista Research District

$12.1 Billion In Venture Capital Deployed To Startup Ecosystem In First Quarter, According To The MoneyTree Report - Ninth Consecutive Quarter Of More Than $10 Billion In Venture Capital Investments

News for April 14, 2016

RLHC Appoints Richard Veilleux To Lead Franchise Operations

Retail Industry Veteran Jill Standish Joins Accenture; Named Head Of Company's Retail Industry Practice

Starwood Hotels & Resorts’ Eco-Wise Element Brand Soars Into The Netherlands With The Opening Of Element Amsterdam

Personalized Performance Management Is Essential To Meet The Needs Of The Workforce Of The Future, Finds New Accenture Strategy Research

Global Fintech Investment Growth Continues In 2016 Driven By Europe And Asia, Accenture Study Finds - First-Quarter Global Fintech Investment Grew 67 Percent Year-Over-Year To $5.3 billion; 62 Percent Of Investments Went To Ventures In Europe And Asia

Sotherly Hotels Inc. Completes Conversion Of Houston Hotel, Relaunches Under Historic Name – The Whitehall

Looking Past Choppiness Reveals Positive Sales Trend According To NRA's Chief Economist Bruce Grindy

News for April 13, 2016

Red Lion Hotels Corporation Appoints David Wright Interim Chief Financial Officer - Jim Bell Stepping Down

BW Announced The Signing Of A Management Agreement With A.D. Houses Co. Ltd. For The Opening Of Four Best Western Plus® Hotels In Top Resort Destinations Across Thailand, Three Of Which Will Be The Largest Properties In Best Western Hotels & Resorts’ International Portfolio

The Ritz-Carlton Brings Contemporary Luxury To Budapest, With The Opening Of First Hotel In Hungary

Crowne Plaza® Hotel Opens In Saddle Brook, NJ

Je T’Aime, Paris: Newly Signed Hotel Le Metropolitan And Hotel Le Dokhan’s Now Bookable Under Tribute Portfolio - Starwood’s 10th Brand Provides Travelers More Ways To Stay Independent Through First-Of-Its-Kind Partnership With, Translating Parisian Wanderlust Into Room Bookings Via Instagram

Luxury Hotel Gran Meliá de Mar Is Set To Become Mallorca’s New Hotspot

News for April 12, 2016

Tim Ryan Selected US Chairman Of PwC

Hyatt Place And Hyatt House Shenzhen Airport Celebrate Official Opening - Hotels Bring Two Distinct Experiences Under One Roof

Global Uncertainty Causing Delays In Business Travel Growth - Brighter Outlook For 2017 Forecast According To GBTA BTI™ Outlook – United States 2016 Q1 Report

Hilton Worldwide Continues Growth Across Australasia With Signing Of Hilton Lifou Wadra Bay Resort, Its Second Hotel In New Caledonia

IBM And Box To Enable Local Data Storage In Europe And Asia With Box Zones And IBM Cloud

News for April 11, 2016

Ascend Hotel Collection Springboards Emerging "Mini-Brand" - enVision Hotels To Replicate Its Boston Success In Everett, Massachusetts And Beyond

Accenture Survey Finds Evolving Role Of Digital Is Reshaping Sales Organizations In The Quest For The Ultimate Customer Experience - Combining Technological Automation With Personalized, Experience-Driven Empowerment Is Key To Strengthening Sales Rep Intimacy With Customers

Global Business Travel Association Announces New European Advisory Board Appointments: Mia Andersson And Bernd Schulz

Emaar Designs A Glittering New Skyline For Dubai With Compelling Tower At Dubai Creek Harbour

Rezidor Publishes Its 2015 Annual Report

News for April 8, 2016

Marriott And Starwood Stockholders Vote To Approve Merger

Fifty Leading Women Entrepreneurs Honored For Their Companies' Rapid And Thriving Growth - The Women Presidents' Organization And American Express Name 50 Fastest-Growing Women-Owned/Led Companies

Helen Price Named President Of The Coca-Cola Foundation

IHG expands Holiday Inn Express® Brand Portfolio In India - Second Holiday Inn Express Hotel Opens In Chennai And The First In New Delhi

Bayfront SpringHill Suites & Residence Inn Opens In Downtown San Diego, Featuring Two Popular Marriott Brands Under One Roof

RLHC Announces New-Build Hotel RL In Houston

News for April 7, 2016

Choice Hotels Names Janis Cannon Senior Vice President Of Upscale Brands

Hyatt Regency Aurora-Denver Conference Center Celebrates Grand Opening

Driving Costs Hit Six-Year Low, Finds AAA – Annual Cost To Own And Operate A Vehicle Falls To $8,558 In 2016

New Study: 70% Of Executives Have Started Digital Supply Chain Transformation - But Only 5% Are Very Satisfied With Progress So Far; Hopes Are Pinned On The Next Five Years

IBM And Box Team Up To Drive Compelling Sales Engagements For Marketers And Sellers From iPhone And iPad

PwC Strengthens Its Financial Crime Services With NICE Actimize Relationship =

News for April 6, 2016

Number Of Women-Owned Businesses Growing At Highest Pace Since The Recession - The Sixth Annual State Of Women-Owned Businesses Report, Commissioned By American Express OPEN Finds More Than 1,000 Women-Owned Businesses Are Formed Each Day - Number Of Firms Owned By Women Of Color More Than Doubled Over Past Nine Years

Blackstone Announces New Leadership Structure In Asia Pacific

Westin Hotels & Resorts Expands In Latin America With The Signing Of The Westin Monterrey In Mexico – Hotel Is Set To Open In 2019 Survey Reveals Top Causes Of Business Travel Stress - 93% Of American Business Travelers Feel Stressed When Traveling Internationally

IBM And SAP Announce Plans For Major Investments To Drive Clients’ Digital Transformations

IBM Security Closes Acquisition Of Resilient Systems

News for April 5, 2016

LaSalle Hotel Properties Appoints Kenneth G. Fuller Chief Financial Officer

MasterCard Announces Appointment Of Raj Seshadri As President, U.S. Issuers

Meliá Hotels International Announces Its First Hotel In Iran – Sign Agreement To Manage The Future Gran Meliá Ghoo

Hyatt Regency Chandigarh In Northern India Opens Its Doors

Avenue Of The Arts Hotel Costa Mesa Officially Joins Tribute Portfolio Brand, Unveils New Renovation

Hotel Nikko Taizhou Opens - Hotel Is Okura Nikko Hotel Management's 12th Property In China

Accenture To Acquire Majority Stake In IMJ to Expand Its Digital Capabilities In Japan

News for April 4, 2016

FelCor Appoints Two New Independent Directors: Patricia L. Gibson And Dana Hamilton To Stand For Election At FelCor’s Annual Meeting In May

Australia’s First Holiday Inn Express, The Holiday Inn Express Sydney Macquarie Park, Set To Open - IHG Currently Has 25 Hotels Operating Under Three Brands In Australia

Blackstone To Acquire A Majority Stake In Mphasis – Deal Represents The Largest Acquisition By Blackstone In India

Majority of Smartphone Users Surveyed Unhappy With Service And Ready To Switch Mobile Providers, Accenture Screenager Report Finds

Key Indicators Point Toward Growing Economy According To NRA’s Chief Economist Bruce Grindy

Shareholders Re-Elect 11 Directors At The Walt Disney Company Annual Meeting

News for April 1, 2016

Starwood Hotels & Resorts Announces Anbang Consortium Has Withdrawn Offer - Reaffirms Commitment To Merge With Marriott

Marriott And Starwood Both Support And Encourage Shareholders To Vote For Merger On April 8, 2016

Hilton Worldwide Unveils Brand New Hotel In Egypt, The Hilton Alexandria King’s Ranch

GBTA Poll Shows Vast Majority Of Companies Have Effective Risk Management Plans - Business Travel Is Resilient Despite Attacks In Brussels

IBM Plans First Watson Health European Center Of Excellence In Italy - IBM Plans To Invest Up To $150 Million To Support Italian Health Care Agenda Announces Renewal Of Partnership Agreement With AccorHotels

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