The hospitality group behind the highly decorated Olamaie, Maie Day, Albert Hotel and more has decided to shed its Little Ola ...

As a result of covid, Marriott's 2020 revPAR declined 60% and 2021 revPAR reached just 64% of 2019 levels. Then 2022 revPAR reached mid-90% of 2019 levels as travel demand broadened to business and ...

Hyatt already holds a 9.4% stake in Playa and offered to pay the hotel group $13.50 per share for the purchase.

The company is well positioned to benefit from the increasing presence of next-generation travelers through emerging lifestyle and extended-stay brands Spark, LivSmart, Graduate Hotels, NoMad, Home2, ...

In Japan, Metaplanet Inc. (JP:3550) has seen its stock price skyrocket by an astonishing 4,800% in the past year. This surge was driven by a ...

The Favourite Hotel development is the latest in a string of tourism projects flagged for non-coastal pockets of the South ...

InterContinental is set for growth with revenge travel and hybrid work trends, offering long-term and short-term investment.

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, the company said on Monday, seeking to ...

Hyatt said it would acquire all-inclusive Playa Hotels & Resorts for $2.6 billion to gain Latin American resorts.

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

Hyatt Hotels Corporation announced on February 10 that it has a plan to acquire Playa Hotels & Resorts N.V. at a purchase ...

The geopolitics of artificial intelligence will be in focus at a major summit in France this week. World leaders, executives and experts will gather in Paris for the AI Action ...