France’s official limit on short-term rentals of 120 days a year for a main residence, and the decision goes into effect in January. Paris is Airbnb’s biggest single market, with 65,000 homes.
There have been reports of many guests canceling and re-booking their hotel rooms to achieve better rates, so how does this impact hoteliers and what can they do about it?
Google is rolling out a new hotel search platform in five unspecified countries, this is a move after a decision made earlier this year to "completely rewrite hotel stack".
MGM Resorts International anticipates to invest about JPY1 trillion (USD 9 billion) should it win its bid to build an IR at Osaka’s Yumeshima site.
AccorHotels is ending its online booking platform service for independent hotels in which has invested about $25.59 million because the results doesn't meet expectations.
Airbnb is among potential suitors for Wyndham Worldwide Corp.’s European vacation-rental business to accelerate competition against Expedia and Priceline.
In January-September, Jin Jiang International Hotels netted RMB 10.03 billion in operating revenue, up 32.86%, and the net profit attributable to the listed company was RMB 712 million, up 40.75%.
HNA Group Co.’s precarious grip on a $2.2 billion Spanish hotel company is in doubt as a mountain of debt comes due and China puts the squeeze on its most prolific acquirers.
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