Sonesta Cuts Jobs as a $2 Billion Bid Puts Many of Its Best Hotels in Play
Sonesta has initiated layoffs across multiple departments amid a $2 billion acquisition bid for Service Properties Trust’s 68 hotels that it operates.
Booking.com Looks to Compete in India With Its Own Payments System and Business Travel
Booking.com is expanding its presence in India by developing its own payments system and targeting business travel, seeking to compete with dominant local platforms.
Three UK airports hit by cyber-attack with data of 8.7m customers accessed
Three UK airports operated by Manchester Airports Group were breached in a cyber-attack affecting approximately 8.7 million customers’ personal data including email addresses and phone numbers.
Airbnb Joins Vrbo and Marriott In Paying Guests When It Rains Too Much
Airbnb has launched a weather guarantee insurance product underwritten by Chubb, joining competitors Vrbo and Marriott in offering rain protection for guests during their stays.
Hotels Could Become One of Ixigo’s Two Biggest Businesses
Ixigo projects its hotels business could become one of its two largest revenue streams within four to five years, leveraging its existing customer base of budget travelers in India’s tier-2 and tier-3 cities.
Kempinski Faces Leadership Upheaval as CEO and Senior Executives Depart: Scoop
Kempinski Hotels’ CEO Barbara Muckermann has departed after nearly two and a half years, along with several senior executives including the CFO, CHRO, CDO, and Chief Brand Officer, raising questions about the company’s leadership and strategic direction.