South Korea’s stock exchange has approved Hotel Lotte Co Ltd’s plan for an initial public offering, Reuters reported.
Hotel Lotte could raise up to US$5 billion in
Marriott International said that 2015 was an outstanding year for hotel owners selecting Marriott to manage or franchise new hotels across its global portfolio of 19 brands, with contracts signed
United Airlines said its passenger unit revenue may have fallen more than expected in the fourth quarter just ended after the November attacks in Paris shook traveller demand and sharply
Year-on-year profit per room at full-service hotels in Paris dropped by 19 percent this month, as the terrorist attacks, which took place on 13 November, were the
InterContinental Hotels Group?unveils the?Hotel Indigo?Lower East Side New York?as its 5,000th?hotel globally.
The latest hotel is a joint venture between IHG and Brack Capital
Nordic hotel chain Scandic Hotels has set the price for its initial public offering at 67 crowns per share giving it a market capitalization of 6.9 billion crowns (US$
Travel-related companie? stocks are down after the US State Department issued a global alert for Americans planning to travel following deadly militant attacks in France and Mali, Reuters reported.