Leading Hospitality Staffing Company Sold By Family Office
Littlejohn Capital, a family office owned by Angus C. Littlejohn Jr., the co-founder of Littlejohn & Co., recently announced the sale of its portfolio company Hospitality Staffing Solutions. CEO of HSS Tim McPherson stated, "As a recognized industry leader offering the highest quality of staffing and related managed services, we enable our hospitality partners to focus on their core business...
African Hotel Market Sees Consolidation
With consolidation comes synergies and in Africa, ONOMO is making moves to become a more prevalent name and presence. Recently, it announced it was...
OYO: Tech-Like Growth Is Possible In The Hotel Industry
Launched in 2013, OYO has been making waves. In just six years it has proliferated so quickly throughout the world, that existing hotel owners...
Hospitality Sector Sees Signs of Decelerating Growth
Quarter to quarter the traffic to hotels on a global basis varies but generally we have seen a positive trend indicating a vibrant and...
Airbnb’s Unbridled Growth Comes With Challenges
Airbnb was such a unique and perhaps controversial idea when it began that many wrote it off as too far-fetched. The idea of homeowners...