hotels

How Airbnb’s Valuation Compares With That of Other Hotel Companies
IPOs

How Airbnb’s Valuation Compares With That of Other Hotel Companies

Airbnb's IPO-day pop values it at about $100 billion, up from an $18 billion valuation during its last private fundraising round in April.
By Vincent Ryan | December 10, 2020
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Embattled Industries: Profiles in Resilience
Strategy

Embattled Industries: Profiles in Resilience

Although the pandemic nearly crushed their industries, these companies are finding ways to thrive.
By Lauren Muskett | December 2, 2020
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Marriott Takes Revenue Hit From Empty Rooms
Risk & Compliance

Marriott Takes Revenue Hit From Empty Rooms

“In the last few months, we have seen the impact of COVID-19 spread throughout our business in an unprecedented way."
By Matthew Heller | May 11, 2020
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Airbnb to Buy HotelTonight to Expand Platform
M&A

Airbnb to Buy HotelTonight to Expand Platform

The acquisition of the hotel booking app is aimed at advancing Airbnb's goal of offering an end-to-end platform for travelers.
By Matthew Heller | March 8, 2019
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Wyndham Acquires La Quinta Hotels for $1.9B
Strategy

Wyndham Acquires La Quinta Hotels for $1.9B

The hotel operator will add one of the largest midscale brands to a portfolio that also includes Days Inn and Super 8.
By Matthew Heller | January 18, 2018
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Aramark Buys Avendra, AmeriPride for $2.3B
Strategy

Aramark Buys Avendra, AmeriPride for $2.3B

The acquisitions will complement Aramark’s 2016 buy of group-purchasing firm HPSI and significantly increase its uniform business.
By Matthew Heller | October 16, 2017
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Trivago Shares Dive on Reduced Guidance
Technology

Trivago Shares Dive on Reduced Guidance

The hotel-search company has been hit by a slowdown in the revenue it generates by referring users to hotel websites.
By Matthew Heller | September 6, 2017
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Hilton Swings to Loss on Restructuring Costs
Financial Performance

Hilton Swings to Loss on Restructuring Costs

The hotelier took a tax hit of $513 million related to restructuring but its adjusted earnings beat analysts' estimates.
By Matthew Heller | February 16, 2017
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China’s HNA Group Buys 25% of Hilton for $6.5B
Strategy

China’s HNA Group Buys 25% of Hilton for $6.5B

The Chinese conglomerate makes its second foray into the U.S. hotel industry in six months, paying a premium of 14.6% for Blackstone's stake in Hilton.
By Matthew Heller | October 26, 2016
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China Life Invests in Starwood Capital Hotels
Strategy

China Life Invests in Starwood Capital Hotels

China's largest insurer acquires a stake in a $2 billion portfolio of select-service hotels as it continues to step up its overseas investments.
By Matthew Heller | October 19, 2016
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Lawsuit Drives Hotelier Into Chapter 11
Legal

Lawsuit Drives Hotelier Into Chapter 11

The company founded by legendary hotelier John Q. Hammons says the bankruptcy is a strategic response to the litigation with an investor.
By Matthew Heller | June 27, 2016
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China’s Anbang Makes Rival Offer for Starwood
Strategy

China’s Anbang Makes Rival Offer for Starwood

The $12.8 billion, or $76-per-share, bid could potentially derail Starwood's pending merger with Marriott, which is valued at $65.38 a share.
By Katie Kuehner-Hebert | March 14, 2016
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Hilton to Spin off Most of Its Real Estate Assets
Strategy

Hilton to Spin off Most of Its Real Estate Assets

The move may be one of the last of its kind since, under a new law, corporations are required to pay capital gains taxes on REIT spinoffs.
By Katie Kuehner-Hebert | February 26, 2016
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