Hotel Industry News
Hotel Indigo in Ho Chi Minh City Announced for 2019
IHG (InterContinental Hotels Group) has signed a management agreement with Europe Trading Investment Company Limited for Hotel Indigo Saigon The City. This is the second Hotel Indigo to be signed in Vietnam, and will be the country's first when it opens its doors in 2019.
TownePlace Suites Austin North Tech Ridge Sold for $19.75 Million
Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced that it has closed on its previously-announced agreement to purchase the 122-room TownePlace Suites located in the North Tech Ridge submarket of Austin, Texas.
Visit U.S. Coalition Launches Amid Drop in U.S. Share of Global Travel
The dip in U.S. market share is a hindrance to the presidents economic goals, which the Visit U.S. coalition intends to help correct. Research prepared for Visit U.S. by the U.S. Travel Association shows that while global travel volume increased 7.9 percent from 2015 to 2017, the U.S. slice of that growing pie fell from 13.6 percent to 11.9 percent in the same periodthe first drop after more than a decade of consistent growth.
HFTP Launches New GDPR Bytes Site, an Addition to Its Online News Portfolio
GDPR Bytes is an aggregated content destination where users will find the latest news all in one place. The cross-platform site serves as a daily news outlet that brings together specific publications, reports, feature articles, white papers and more.