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...The online platforms have added capacity and lodging options beyond hotels and have brought people to lesser-known villages and rural areas....
...Budget extended stay hotels emerged as one of the few bright spots for the lodging industry during the pandemic....
...However, there are challenges when expanding to the European market, said Patrick Scholes, who covers lodging and leisure at investment bank Truist Securities....
...Reddit expects to launch an IPO this year, after lodging a confidential filing to go public with the US Securities and Exchange Commission in December....
...Reddit was expected to launch an IPO last year, after lodging a confidential filing to go public with the US Securities and Exchange Commission in December 2021, several months before a deep tech stock rout...
...Pretty shocking to me is what I’m seeing on airfares/lodging. Virtually no resistance. Likewise on eating out. Both areas folks are prioritising, with very strong volume . . ....
...In the US, occupancy rates and room revenues are nearing pre-pandemic levels, according to the American Hotel and Lodging Association....
...Rising inflation may drive more families to become Airbnb hosts, its co-founder and chief executive said, as investors raised concerns over limited supply on the lodging platform as demand returns....
...The trading scandal that shook Japan Inc When Japan’s financial regulators raided the offices of the country’s third-largest broker SMBC Nikko last year in a probe into alleged market manipulation, they...
...They see a market worth only $810bn for global lodging, but with Airbnb having just 5 per cent of that, there is plenty of room to expand its share....
...Budget extended-stay hotels have been one of the few bright spots in the pandemic-hit lodging industry. These chains tend to have larger rooms with decent kitchens and self-service laundry....
...Demand for luxury lodgings, which represent the top 15 per cent of its listed properties by price, had recovered to 87 per cent of 2019’s levels in March this year, while demand for budget stays was just...
...In March, US lodging chain Extended Stay America announced that it would be acquired by a partnership that included Blackstone for $6bn....
...That was one reason given by Slack for lodging an antitrust complaint with the EU earlier this year, claiming that it was being unfairly squeezed by Microsoft....
...Reagan’s admiration for Thatcher did not extend to sharing his plans for nuclear accords with Mikhail Gorbachev, or to giving her due warning of the invasion of the Commonwealth state of Grenada....
...After the meeting, the American Hotel & Lodging Association said 4m hotel jobs were “on the verge of being lost in the next few weeks” if they had not already been cut....
...“We see it [the rise of Airbnb] as a positive contribution to our tourism and recovery of the cities and for the owners of local lodging,” he says....
...A recent crop of stories about guests finding recording equipment in their lodgings has forced the San Francisco-based company to clarify its position....
...In February 2014, White Lodging Services Corporation, a hotel management company, reported a breach that began the previous year and affected Renaissance and Holiday Inn hotels....
...Mr Yew previously worked at Deutsche, covering sectors including south-east Asian real estate, gaming and lodging....
...Yet even there, with Kreuzberg’s tasteful lodgings agape, I choose a generic hotel each time. Why such a 20th-century choice?...
...The company is changing the way its lodgings are labelled, with new categories such as “Airbnb for Work”, “Airbnb for families,” as well as accommodations suited for special occasions such as a wedding or...
...Morgan Stanley has a note out today arguing that Airbnb is less of a threat to the lodging and travel industries than they thought just a year ago....
...What may have appealed to them most about Mr Khosrowshahi is his grasp of how transport, lodging and ticket purchasing systems have intertwined to enable customers to not only book online, but on the move...
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