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UK Hotel Sector Can Breathe a Small Sigh of Relief
The Chancellor of the Exchequer has announced a number of measures in his Budget statement which should assist the UK hotel sector in the wake of the coronavirus, which has already precipitated a number of events and overnight stays in hotels to be …
Ann Hellenius To Leave Scandic
Ann Hellenius, Chief Information Officer, has announced that she will leave Scandic for another position outside of the company. Ann will continue working in her current position until further notice. Scandic has initiated the process of finding a r…
Cloudbeds raises $82M in growth capital to drive the future of hospitality technology
Today, Cloudbeds, the fastest growing hospitality management solution, announced a series C minority investment of $82 million, led by Viking Global Investors with participation from PeakSpan Capital, Recruit Co., Ltd., Counterpart Ventures, and Cul…
Decision by the Board of Directors held on February 19, 2020
Based on the recommendation of the Compensation, Appointments and CSR Committee, the Board of Directors has decided on February 19, 2020, to propose the reappointment of Mrs. Iris Knobloch, currently Vice-Chairman of the Board of Directors and Lead …
Hilton Withdraws 2020 Outlook in Response to COVID-19 Impact
McLEAN, VA – Hilton Worldwide Holdings Inc. (NYSE: HLT) today announced the withdrawal of its previously announced first quarter and full year 2020 outlook due to the evolving impact of the novel coronavirus (COVID-19) on the global economy. Christo…
Radisson Hotel Group Set To Debut Its First Radisson Red In Germany
Radisson Hotel Group is proud to announce the signing of the first Radisson RED hotel in Germany with developer GERCHGROUP. The new Radisson RED Cologne will be located in a central city location, just a stone’s throw from the UNESCO World Heritage …
The Bear, the Bull and the Wolf: a 2020 Economy Fairytale
Daughter: “Mom, can you tell me a bedtime story?” Mom: “With pleasure. Do you know the story of the people and their economy of the last two decades?” Daughter: “Is it scary?” Mom: “Quite!” Once upon a time, there was a recovering economy that was f…
Airbnb Launches $1 Million Fund for the World’s Most Unique Home Ideas
Airbnb is searching for the world’s wildest home ideas – and has launched a $1 million fund to make them a reality. The Unique Airbnb Fund is the company’s first-ever $1 million program designed to find and help finance the most unconventional and u…
Hilton Garden Inn Expands Global Reach in 2019, Bringing Its Signature Hospitality and Industry-Leading Food and Beverage to More Than 860 Hotels
In another standout year, Hilton Garden Inn continued its rapid growth, introducing 48 new properties to the portfolio in 2019. With a global presence in nearly 50 countries and territories, Hilton’s award-winning, upscale brand provides business an…