RECENT NEWS
Reuters  1 hr ago  Comment 
Real estate investment trust Hersha Hospitality Trust said it would sell seven hotels in Manhattan for $571.4 million to a joint venture it is setting up with China's Cindat Capital...
Financial Times  Feb 3  Comment 
Dear Big Apple, your hotels, breakfast and subway let you down. Affectionately, a friend
The Hindu Business Line  Feb 3  Comment 
​ ​Classifieds f​irm OLX India has made a few changes in its leadership team. The company ​has appointed Suresh Krishnan, former Executive Director and V-P Finance at Accor Hotels, as the C...
The Economic Times  Feb 3  Comment 
Growth was noted in four of the six monitored categories, the exceptions being Hotels & Restaurants and Transport & Storage.
Benzinga  Feb 2  Comment 
Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) announced on Tuesday it plans to "significantly" expand its portfolio of Specialty Select brands in New York State over the next three years – the bulk of which will take place in the New York...
Clusterstock  Feb 2  Comment 
Back in November, a  Russian military jet was shot down along the border between Turkey and Syria. Russia did not take this lightly. Shortly after, officials announced Russia would be suspending its visa-free travel agreement with...
Forbes  Feb 1  Comment 
Hotels in Mexico City got an uplift of nearly 130% in their average daily takings when Formula One auto racing came to town last year according to data from industry analyst STR Global.
The Hindu Business Line  Jan 31  Comment 
With the domestic travel segment expected to slow down in the coming few quarters, online travel aggregator MakeMyTrip is charting out a diversification strategy entailing investments in budget hotels...
The Hindu Business Line  Jan 31  Comment 
The Maharashtra Government has decided to scrap five types of Home Department licenses, which were required by the Hospitality industry. They were cancelled under the programme of Ease of Doing Busin...




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This industry consists of companies that own or operate hotels all over the world. Many of these companies own the actual brand associated with various hotel chains and license the use of their brand names out to individual franchises. Only a relative handful both own and operate a majority of their hotels.

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