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Choice Hotels International, Inc | June 14, 2022
Choice Hotels International, Inc. (NYSE: CHH) and Radisson Hotel Group announced that Choice Hotels has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million. The addition of Radisson's nine hotel brands in the Americas is the latest chapter in Choice's successful strategy to expand its growth opportunities by bringing the company's best-in-class franchising platform ...
Travel Daily Media | March 31, 2020
World Travel & Tourism Council (WTTC) has urged the G20 leaders to execute crucial measures to save the travel and tourism sector following COVID-19, in a virtual meeting hosted by Saudi Arabia. According to the global tourism leaders, around 75 million jobs are at immediate risk. The association implored the G20 leaders to assign resources and coordinate efforts to rescue major travel businesses such as airlines, cruises, hotels, GDS and technology companies, as well as the SME’s, suc...
TRAVEL TECHNOLOGY
Travelpayouts | December 22, 2021
During turbulent times of COVID-19, the travel industry has suffered greatly, especially small and medium sized businesses (SMBs). In the past years, marketing has been becoming increasingly expensive with the algorithm favoring established brands and the competition rising to the top. Small local travel businesses had been already struggling, and the pandemic hit marketing budgets even more. Besides, lack of ROI-based solutions and analytics are available on the market, where influencer marketi...
USA Today | May 04, 2020
Flying to a faraway beach might seem like the perfect way to escape the pandemic, but for isolated Pacific islands, controlling the coronavirus means cutting off tourism. Hawaii has among the lowest COVID-19 infection and mortality rates in the USA. As cases rose in March, Gov. David Ige did something no other state can – effectively seal its borders. People who do come face a two-week quarantine, stopping the flow of tens of thousands of tourists who typically arrive every day. “We are the mos...
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