Airbnb's Valuation Almost Halved to $18 Billion

skift.com - Hotels · 8 Apr

Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is inf

U.S. Hotel Expansion Threatened by Construction Worker Shortages

skift.com - Hotels · 18 Dec

U.S. hotel companies are facing a shortage of construction workers just as they are building new brands and properties. The result: delayed projects

IHG Direct Bookings Tech Play and 11 Other Top Hospitality Stories This Week

skift.com - Hotels · 17 Nov

This week in hospitality, IHG is taking a tougher approach with online agencies by using new technologies to gain traction for its mobile app and web

Club Med Will Expand into New Market With First South Africa Resort

skift.com - Hotels · 31 May

Club Med has finally committed to long-overdue expansion into sub-Saharan Africa. It's good news for South Africa's tourism prospects and introduces

Goldman Is in Talks to Buy B&B Hotels for $2.2 Billion

skift.com - Hotels · 20 May

PAI Partners has been attempting to offload the budget hotel brand for some time, having bought the French hotelier in 2016.