TrustYou agrees terms for new partnerships around the globe

TrustYou, the world’s largest guest feedback platform, has started the new year with new partnerships across the globe. Each new partner will incorporate various features of the platform to improve their products and services by means of collecting, assessing and responding to guest feedback.

Cendyn now most integrated CRM in hospitality industry

Cendyn announced today its most recent integration partnership with Oracle as a platinum partner. The latest addition to the vast number of integrations and partners that Cendyn works with now make the Cendyn Hospitality Cloud the most integrated and connected in the industry.  

Marriott announces 2020 growth vision in Europe

Following a historic year for the company in 2016, Marriott International, Inc. has that it expects to dramatically increase the size of its portfolio in Europe across all segments of the industry. The planned expansion in Europe is the first development vision announced for the continent since the acquisition of Starwood Hotels and Resorts Worldwide in September 2016.

GuesttoGuest bolsters US market with purchase of HomeExchange

GuesttoGuest, the largest global community for home exchange, has announced that it has acquired US-based international home swapping company HomeExchange. The acquisition marks a turning point in the travel industry as the two join together to create the world’s undisputed leader of the home swapping market with more than 400,000 homes in their collective inventory.

Facebook launches City Guides in latest app update

In a strategy seen as an offensive move against Google Trips, Facebook has launched city guides of its own, and gone one step further by adding the option of booking a hotel restaurant or tour. The feature enables users to book their hotel room or make reservations in select cities directly through the app via a Book Now button.

Hotel values rise in Eastern Europe while west faces tougher times

Hotels in Eastern Europe are benefitting from tough times in Western Europe with room values in the region seeing an impressive 11 per cent average growth, according to our 2017 European Hotel Valuation Index (HVI).

BHG and AccorHotels form partnership for Accor to manage 26 hotels in Brazil

Brazil Hospitality Group and its shareholders, which are funds managed by GP Investments and GTIS Partners, have announced an agreement with French group AccorHotels by means of which Accor will reflag and manage a portfolio of 26 hotels and 4,400 rooms. AccorHotels will pay R$200 million for the transaction. 

Mantra Group is closing the gap on gender inequality

Mantra Group is closing the gap on gender inequality, with its latest data showing the accommodation group sits well above the industry average for female employees and that an influx of women in management has boosted gender equality in senior roles.

etouches announces acquisition of Loopd, a leading onsite data-driven technology

etouches, a top global provider of cloud event management software, has announced the acquisition of Loopd, an enterprise SaaS start-up that enhances attendee experience through data-driven technology. This acquisition complements etouches recent pivot to a data-driven approach to enhancing clients’ event success.

Flattening reservation pace presents ongoing challenge for hoteliers

As North American hoteliers progress through the early months of 2017, the pace of new bookings is flat with new February reservation commitments at -0.8 per cent. However, average daily rates (ADR) for the first and second quarters of 2017 are showing signs of growth across all travel segments.

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