hotels

Cristiano Ronaldo's Hotel Ventures To Offer True CR7 Lifestyle

Cristiano Ronaldo, a football sensation opens up his new CR7 hotel.

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Marriott Reached Merger Deal of $13.6 Billion With Starwood, Forming The World’s Largest Hotel Company

Marriott and Starwood are agreeing on a new deal that would total in $13.6 billion for a merger of the two groups. The merger would form the world’s largest hotel operator with 30 brands and more than 5,500 hotels worldwide.

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China's Anbang to Acquire Starwood Hotel Group At More Than $13 Billion Bid

Starwood is about to dump Marriott's offer in favor of Anbang's more than $13 billion bid for the acquisition. If the deal pushes through, Starwood will pay Marriott a breakup fee of $400 million. Marriott has been given five days to counterbid.

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Hotels are turning to AirBNB for renting rooms

AirBNB is a platform on which people all around the world can rent out spaces of their choices. But now actual hotels are also seen on AirBNB, renting rooms.

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Spate of hotel IPOs underscores revival of hospitality industry- report

A report said the wave of hotel initial public offerings of Blackstone Group showcased a resurgence in one of the sectors that suffered the most during the recession, the hospitality industry.

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Macau Legend Development Looks for US$788 Million IPO to Fund Hotels

Macau Legend Development is seeking US$788 million initial public offering to be able to fund construction of new hotels in the country.

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