A Hotel Software Unicorn From Down Under
Increasingly hotels and hotel corporations are relying on software to make their sales and operations more efficient. Although relatively unknown, SiteMinder is a Software as a Service company that has processed more than 105 million bookings for more than 35,000 hotels in 2019 alone...
Georgia Seeks To Tax Airbnb and VRBO
Up until now the state of Georgia has been missing out on tax revenue, that is from internet sales. So far thirty seven states have been collecting, making millions off of internet sales conducted in their state. Specifically, the state tax is applicable to online third-party vendors otherwise known as “marketplace facilitators”...
Iconic Ritz Paris Is Rejuvenated
The only true constant is change and when the hotel world around is abuzz offering greater luxuries, pristine accommodations and highly personalized customer service, it’s hard to imagine that a hotel founded in the 1800’s could still command the respect from all its peers. Such is the case with the Ritz Paris. Undoubtedly its location in central Paris and unmistakable architecture have made it a big draw for movie settings, photographs and other big events...
Blackstone Continues Heavy Investment Into Phoenix Hotel Market
Recently, Marriott announced it sold its downtown Phoenix Sheraton to Blackstone, one of the largest global multi-sector private equity firms. The Marriott had originally acquired the property in 2018 from the city of Phoenix for $255 million. According to public filings, Blackstone made its acquisition for $268 million...
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...
Virgin Hotels Edges Its Way In
There’s no denying Richard Branson’s genius when it comes to branding. And his focus on customer service has been demonstrated time and time again...
Nobu Seeks To Impress In Chicago
Nobu can be considered a newcomer to the hotel industry as it was just in 2013 that Nobu Matsuhisa, Robert De Niro and Meir...
Rosewood Hangs In There, But Lacks Attention to Detail
Rosewood Hotels is considered a luxury brand, but you may not be able to tell from the cleanliness of its properties or its attention...
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...
New Hotel Concepts May Not Be Hotels At All
Recently it was announced that WhyHotel raised $20 million. The company provides a hybrid residential / hospitality service whereby it rents out available rooms...