IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has announced a Multiple Development Agreement (MDA) with existing partner GS Star GmbH (GS Star) to bring 15 avid® hotels to the German market.
Under Pressure, Airbnb Adjusts Pricing Model Across EU
Following a call from the European Commission and European Union consumer authorities to align its terms and conditions with EU consumer rules and to improve pricing transparency, Airbnb has initiated several changes to its services.
STR recently reported that occupancy for the United States hotel industry declined in July for this first time in the past 12 months (-0.2 percent to 73.6 percent), fueled by a 1.9-percent decrease in demand.
Article by Alicia Hoisington on hotelmanagement.net