Premier Inn owner anticipates UK holiday boom
Premier Inn owner Whitbread plc has reported a £1bn annual loss but said it expects strong demand for holidays in the UK this summer. In its financial results for the…
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Marriott International and Starwood Hotels & Resorts Worldwide to merge in transaction valued at $12bn
The boards of directors of hotel companies Marriott International Inc (NASDAQ: MAR) and Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) have unanimously approved a definitive merger agreement, the companies…
France’s Accor to exit Australian fund, sell two Beijing hotels
French hotel operator Accor SA (EPA:AC) said today it will sell its interest in an Australian fund plus two hotels in Beijing to a newly-created hotel investment trust, called A-Htrust,…