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Hot Hotels Completes $1 Million Seed Round

Hot Hotels Completes $1 Million Seed Round

Axon Partners Group has invested in Hot Hotels, bringing the total investment in the mobile-only same-day hotel booking company to $1 million. The deal will enable Hot Hotels to develop and expand throughout Latin America, a market in which Axon ...

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Zacks Releases Lodging Industry Outlook

Zacks Equity Research released its Hotels and Lodging Stock Outlook today. According to Hyatt Hotels Corporation and Hilton Worldwide Holdings Inc., the supply-demand environment in the business is favorable with healthy demand growth outpacing levels of supply growth that are ...

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Airbnb To Collect Hotel Taxes for San Francisco

Airbnb To Collect Hotel Taxes for San Francisco

Following its offer to collect and pay $21 million in taxes in New York City and a smaller initiative in Portland, Airbnb has agreed to pay the San Francisco’s 14 percent hotel tax by the summer. The move could potentially add ...

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Downtown Baltimore to Add 400 Hotel Rooms

Downtown Baltimore to Add 400 Hotel Rooms

Baltimore is on pace to add 400 hotel rooms by the end of the year, according to this article in the Baltimore Business Journal. The city already has 9,000 rooms. A 150-room Crowne Plaza Hotel and a 42-room La Quinta ...

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