Minor Hotels expands into China with Funyard Hotels & Resorts
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Bangkok-based hotel owner and operator Minor Hotels is expanding into China following an MoU with Funyard Hotels & Resorts, a core alliance enterprise of Chinese property developer Country Garden Group.
Service Properties Trust has received a notice of termination from Hyatt with respect to the management agreement for 22 Hyatt Place hotels owned by subsidiaries of SVC.
The thing which grips the hotel sector the most about Airbnb is the lack of information about what it is. And where it is. You can see how a hotelier would become paranoid walking down the street; is that group of friends having dinner really from out of town? Should they have stayed in my hotel? Am I losing six heads in beds? Or are they just breaking lockdown?
The pandemic will accelerate changes to the business models in the hotel sector, but they must be driven by owners, Pandox CEO Anders Nissen told attendees of the group’s Hotel Market Day 2020.
Accor has signed the first of three properties in Djibouti, partnering with Kamaj investment to open Pullman living, Novotel & Mgallery properties in Djibouty City.