A vodka cocktail served in one of Icelandair's hotels was named 'Apartheid.'» Read More
An app-only booking company has added keyless room entry and mobile check-in features for hotel guests.
Del Taco is owned by private equity firms that include Goldman Sachs Mezzanine Partners, Charlesbank Capital Partners and Leonard Green& Partners. The owners are working with Piper Jaffray and Goldman Sachs Group Inc on the sale process, the sources said, requesting anonymity because the matter is private.
The majority of them are in West Coast states including California and Oregon. Goldman Sachs Mezzanine Partners led a new equity infusion into privately held Del Taco in 2010, with existing investors Charlesbank Capital Partners and Leonard Green& Partners also contributing new capital to the recapitalization.
Carl Shepherd, HomeAway co-founder, discusses the growing alternative accommodations industry. There is more supply in this industry than there ever has been before, says Shepherd.
Intercontinental Hotels' board rejected a merger offer in May, Sky News reports.
U.S. airlines collected $790 million in bag fees in the first quarter of 2013.
Despite opposition, Airbnb's rent-your-home marketplace, with its 'airbed and breakfast' approach, is catching on in the shared economy.
Quality is becoming more important than price, according to the American Customer Service Index.
Competition to secure a private plane for the World Cup is heating up as Brazilian airports fill up.
Priceline announces it is buying online reservation site OpenTable for $103 per share, or about $2.6 billion.
Wyndham Worldwide chairman and CEO Stephen Holmes, provides insight to increasing travel across the globe, and healthy booking trends in Europe.
Greg Marsh, co-founder and CEO of onefinestay, says the service offers an alternative to luxury city center accommodation and discusses the environment for start-ups in the U.K. and London.
The economy in Sin City continues to move away from gaming since the worst days of the Great Recession.
Hipmunk is finding a slightly younger user base by mixing nontraditional results in one place with tried-and-true airlines and hotels.
Mark Hoplamazian, CEO at Hyatt, discusses the impact of Beijing's austerity measures and the firm's outlook on the hospitality industry in China.
Mark Hoplamazian, CEO at Hyatt, discusses the opening of its Andaz Hotel in Tokyo and elaborates how a pickup in leisure and business travel is driving tourism in the city.
McDonald's reported better-than-expected global sales at established restaurants in May, helped by strong demand in China.
Ho Kwon Ping, Executive Chairman and Claire Chiang, Senior VP at Banyan Tree Holdings, discusses how they expanded from one resort in Phuket into 40 branches.
As travel rebounds, second-tier U.S. cities, looking to grow arrivals and receipts, are wooing both developers and travelers—even overseas.
Despite seeing occupancy rates at its hotels drop nearly 50 percent due to the political crisis, Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings, is optimistic on tourism in Bangkok.