Airbnb

Airbnb Acquires HotelTonight

Airbnb has announced that it has signed an agreement to acquire hotel booking service HotelTonight. "An Unparalleled Last-Minute Travel Experience&qu...

Hotel Group Millennium & Copthorne Sees Brexit-Led Hiring Crunch

Britain's impending exit from the European Union is making it hard to hire workers from the bloc who are at the centre of London's hotel business, ope...

IHG Full-Year Room Revenue Grows On China Demand

InterContinental Hotels Group has revealed that its full-year room revenue grew as more people checked into its 380 hotels in the Greater China region....

AccorHotels' 2018 Profit Rises, Beefs Up Lifestyle Loyalty Initiatives

AccorHotels has posted record operating profits for 2018, helped by cost controls and robust demand in most key regions including France and Brazil....

IHG Buys Six Senses Hotels Business For $300m

InterContinental Hotels Group has agreed to buy the brands and operating companies of Six Senses Hotels Resorts Spas for $300 million in cash, the owner of...

Paris Seeks $14m From Airbnb For Illegal Adverts

The City of Paris is suing Airbnb for publishing 1,000 illegal rentals adverts, which could cost the rental website more than €12.5 million, the mayor...

Airbnb Profitable On Adjusted Basis For Second Consecutive Year

Airbnb Inc has revealed it was profitable on an adjusted basis for the second year in a row, ahead of a widely anticipated initial public offering this yea...

Whitbread Warns Profit Will Not Grow In 2019-20

Whitbread Plc warned that profit would not grow in 2019-20 as the British hotel owner, which has just sold its Costa coffee chain, faces an uncertain econo...