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Cloud Computing
8 hrs ago
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COLUMBIA, Md.
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June 18, 2013
/PRNewswire/ -- MICROS Systems, Inc. (NASDAQ: MCRS), a leading provider of information technology solutions for the hospitality and retail industries, continues to expand its interactive marketing presence with the...
Benzinga
12 hrs ago
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You're on the go. It's last-minute. You're traveling somewhere and you need a hotel fast. Enter HotelTonight. Their CEO and co-founder Sam Shank appeared on CNBC Squawk Box on Tuesday morning to talk about the company's innovation on finding a...
guardian.co.uk
Jun 18
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Hilton's pulling of room service in New York is another example of how middle income earners are losing access to life's luxuries
New York City's Hilton Hotels recently announced they would end room service this summer, offering customers instead...
The Hindu Business Line
Jun 18
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Viceroy Hotels Ltd has secured its shareholders’ nod for sale of the company’s Chennai Property Division.
The Hyderabad-based hospitality chain had sought shareholders’ nod to divest its...
TechCrunch
Jun 17
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It was only in March that one of Russia’s hottest startups — hotels booking service Ostrovok.ru - raised $25 million in a Series B round led by billionaire investor Yuri Milner. We said at the time that this market is very capital-intensive,...
The Australian
Jun 17
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MALAYSIAN budget hotel chain Tune Hotels has chosen Melbourne as its base to drive expansion through Australia and New Zealand.
Business Times - Malaysia
Jun 17
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After the launch of AirAsia X's initial public offering (IPO) and the proposed listing of AirAsia Indonesia, budget hotel operator, Tune Hotels Regional Services Sdn Bhd, is expected to be listed in 2015.
Tune Group founder Tan Sri Tony Fernandes...
Sydney Morning Herald
Jun 17
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The Malaysian-based Tune Hotels chain will open a 225 room hotel and base its operational headquarters in Melbourne in November.
New York Times
Jun 17
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Marriott Hotels and Resorts will use a new logo, Web site and ads to encourage younger generations to “travel brilliantly.”
The Hindu Business Line
Jun 16
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Carlson Rezidor Hotel Group is planning to add 38 new hotels in India and increase the employee strength by over 9,000 by 2015.“We are aspiring to have 100 hotels in India by 2015, and curr...
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more ▼WIKI ANALYSIS
WIKI ANALYSISThis 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.
Distributor
- Expedia (EXPE)
- Priceline.com (PCLN)
- Orbitz (OWW)
- Computer Reservation System (CRS): Amadeus, Sabre, Galileo/Worldspan (both owned by Travelport), Abacus,
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