As hotel owners are becoming increasingly optimistic - and profitable - a brighter future is driving new investments.» Read More
Club Mediterranee's top shareholders said on Monday they plan to offer to buy the holiday group alongside the company's management.
M&C, with 100 hotels globally, on Thursday said trading in Asia, where it makes 40 percent of its revenue, had suffered from slower growth in China, falling tourist numbers in South Korea and a host of problems in its biggest market, Singapore.
Holiday Inn Express plans to bring back its popular "Stay Smart" ad campaign and add new, healthier breakfast options and upgraded bathroom amenities to lift their brand.
Hotel chains are expanding in China as its growing middle class fuels demand for domestic travel and lodging. But is the sector too hot?
The 287-room Lemon Tree Premier hotel at Delhi's Indira Gandhi International Airport features a dramatic view of planes landing and taking off, but it has no guests to see them.
Will the second quarter have automakers smiling? Will the housing recovery rev up? Here's a look at what to expect from some key sectors.
Road warriors rejoice! InterContinental Hotels Group will offer free Wi-Fi to all its loyalty program members in 2014, a perk more travelers demand.
A few stocks still hold value, C.T. Fitzpatrick of Vulcan Value Partners says.
March 13- Online travel agency Priceline.com' s $1.8 billion deal to acquire smaller rival Kayak Software Corp, which was expected to close this month, will be delayed due to a prolonged review by UK antitrust regulators. Ascendiant Capital Markets analyst Edward Woo said the delay could be because of the OFT's 2012 investigation of online travel agencies.
Starwood's CEO sat down with CNBC to discuss their loyalty program, as the industry makes changes.
NEW YORK, Jan 16- Healthy hotels, wellness tourism and the holistic medicine system Ayurveda are expected to be the among the top spa trends in 2013, according to a report that tracks the $73 billion global industry.