hotels

Hotels Offer Perks, Discounts for ‘Super Commuters’
Hotels Offer Perks, Discounts for ‘Super Commuters’
March 03, 2022  |  Travel Payments

The pandemic, as it goes into its third year, with remote work shifting to hybrid models, will cause more people to check into hotels to...

READ MORE >
India’s Oyo Hotel Startup to Target $9B Valuation in IPO
India’s Oyo Hotel Startup to Target $9B Valuation in IPO
January 19, 2022  |  Startups

Indian startup Oyo Rooms is going public, seeking a $9 billion valuation, Bloomberg reported, citing unnamed sources. The SoftBank Group Corp.-backed hotelier is expected to...

READ MORE >
Trivago: Hotel Cancellations Up 35% Due to Virus Variant
Trivago: Hotel Cancellations Up 35% Due to Virus Variant
December 14, 2021  |  Coronavirus

Hotel booking cancellations are on the rise due to concerns over the most recent spate in COVID-19 restrictions alongside the arrival of the Omicron variant,...

READ MORE >
NYC Hotels Facing Unhappy Holidays
NYC Hotels Facing Unhappy Holidays
November 24, 2021  |  Travel Payments

This time of year is normally a happy one for New York City hoteliers, with international travelers flocking to experience the winter holidays in the...

READ MORE >
Booking Holdings Acquiring Hotel Room Distributor Getaroom 
Booking Holdings Acquiring Hotel Room Distributor Getaroom 
November 12, 2021  |  Partnerships / Acquisitions

Booking Holdings Inc. on Friday (Nov. 12) agreed to acquire B2B hotel room distributor Getaroom from Court Square Capital Partners for about $1.2 billion and...

READ MORE >
With US Travel Ban Lifted, Cities, Hotels, Homeshares Compete for Int’l Tourists
With US Travel Ban Lifted, Cities, Hotels, Homeshares Compete for Int’l Tourists
November 11, 2021  |  Travel Payments

After more than an 18-month wait, the ending of broad pandemic-era restrictions has spawned a flurry of activity and excitement amongst hotels, airlines and essentially...

READ MORE >
Bitcoin Daily: Brazilian Federal Police Seize $27.6M in Bitcoin From Alleged Ponzi Scheme; Swiss Luxury Hotel to Accept Crypto as Payment
Bitcoin Daily: Brazilian Federal Police Seize $27.6M in Bitcoin From Alleged Ponzi Scheme; Swiss Luxury...
August 29, 2021  |  Bitcoin

Brazilian federal police have uncovered around $27.6 million in bitcoin after a series of reported Ponzi schemes from one company, The Daily Hodl reported. The...

READ MORE >
Chasing Growth In Travel’s Hybrid Hotel-Hostels Segment
Chasing Growth In Travel’s Hybrid Hotel-Hostels Segment
June 14, 2021  |  Travel Payments

For those in the lodging industry, the last 16 months have been all about evolution as such businesses have struggled to recreate themselves and their...

READ MORE >
Wyndham CEO Says Hotel Industry Seeing A Rebound As Occupancy Rates Climb
Wyndham CEO Says Hotel Industry Seeing A Rebound As Occupancy Rates Climb
April 02, 2021  |  Travel Payments

Overall, the U.S. hotel industry saw its worst year on record in 2020 as the pandemic pummeled the business. Data from STR reported all-time lows...

READ MORE >