Until the details are finalized, the jury’s still out on the impact of a Marriott-Expedia agreement. But suffice it to say, these frenemies still depend on one another.
Airbnb Inc. and other home-sharing firms won’t have to comply with a New York City law requiring them to turn over renter data until a lawsuit over the issue is resolved.
China’s total construction pipeline continues to be led by Shanghai and Guangzhou with 125 projects/24,403 rooms, and 113 projects/26,897 rooms, respectively.
Marriott fell as much as 5.1%, and Hilton slipped as much as 5.2%.
The liquidity of the Radisson share may be further reduced and that the ownership structure may become more concentrated which could be negative for the company's other shareholders.
Vietnamese sharing economy is expected to reach US$335 billion in global value by 2025, or a 22-fold jump in a decade, according to a PwC research.
Six of the largest 10 deals involved European brands, and one took place in China.
Hotel MoMc is optimistic of the budding markets in the second-, third- and fourth-tier cities and aims to integrate local characteristics to create personalized stays.
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