Starwood To Buy Sofitel Budapest Hotel in Hungary for €75m

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28/11/2017

US-based private investment firm Starwood Capital Group has entered, through a controlled affiliate, into the sale and management back transaction to buy the Sofitel Budapest Chain Bridge Hotel in Hungary from Polish hotel operator Orbis Hotel Group.

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Blockchain for Hotel Distribution Will Come Down to the Economics

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28/11/2017
skift.com


Blockchain technology has started to permeate the travel ecosystem. Companies like German tour operator TUI have reportedly taken bold steps to migrate at least part of the company’s hotel data infrastructure onto a private blockchain. Whether we see wider-scale adoption of blockchain as a platform for distribution will depend on direct and indirect switching costs from existing systems.

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Spanish Hotels Company Barcelo Offers To Buy NH Hotel Group

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reuters.com
20/11/2017


NH Hotel Group confirmed on Monday it had received a possible takeover offer from rival Spanish hotel group Grupo Barcelo in a deal that could create the biggest hotel group in Spain.

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Millennial Travel Habits Affecting Hospitality Design

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20/11/2017
bllnr.sg


When Designphase DBA was appointed to renovate Grand Copthorne Waterfront last year, its creative director Joris Angevaare knew that things had to change. Part of the brief was to make the hotel more appealing to the new generation of travellers known as the millennials.

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Hotels are Boosting Loyalty with Dining Experiences

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22/11/2017
econsultacy.com

Dining is part and parcel of the travel experience, with many people now drawn towards destinations based on their food culture and cuisine.

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