
Serrano Hotel, located in San Francisco’s Theater District, today announced a partnership with Stash Hotel Rewards, the largest point-based rewards program for independent hotels in the U.S. As a result of this new partnership, travelers can now earn InterContinental Hotels Group PLC:To acquire Kimpton Hotels & Restaurants for $430 mln in cash.Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry.BofA Merrill Lynch acted as financial adviser Hotel owner and developer Action Hotels is to pay $15.7 million for a plot of land in Dubai’s Healthcare City, where it plans to build a three-star, 240-room hotel for patients, friends and families. The company is acquiring the land along with parent For fully tapping the potential of tourism in the state, a well-developed hospitality industry is a prerequisite. With a view to realizing the twin objective, Hotel Chanakya's vice-president (development) Akhil Kochhar feels the state government should The American Hotel & Lodging Association and the Asian American Hotel Owner Association filed a lawsuit Tuesday against the city of Los Angeles over an ordinance that raises minimum wage for hotel workers to $15.37. “We’re filing a lawsuit … because Somewhere between the occupancy rate, future booking trends, the weather forecast and other factors lies the perfect price for any particular hotel room. But few hotels have mastered the art of setting it. One of the primary performance metrics that hotels .
InterContinental Hotels Group PLC (LON:IHG) had its target price boosted by BNP Paribas from GBX 2,200 ($34.57) to GBX 2,300 ($36.15) in a report issued on Wednesday. They currently have an underperform rating on the stock. BNP Paribas has also taken Free Hotel Android App. Get sightseeing information and special promotions from your favorite hotels! Appy Hotel puts your favorite hotel's information on your Android phone. Use the app to search for hotels at your destination or contact your Read more Supreme Court on Wednesday deferred a verdict on embattled Sahara Group’s plea seeking permission to raise more debt on its three overseas hotels, crucial to secure bail for its jailed chief Subrata Roy. Sahara needs to deposit an initial $1.6 billion to (CNN)-- A Mexican beach getaway, a royal castle retreat and a charming Santorini hotel all made the winners list of the fourth annual Fodor's 100 Hotel Awards, announced Wednesday. While top hotels in 43 countries on six continents made the list, the .
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