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Google, Microsoft Oppose Hotels Blocking Personal Wi-Fi

Google, Microsoft Oppose Hotels Blocking Personal Wi-Fi

Microsoft and Google have teamed up in support of guests who want to use personal Wi-Fi hotspots in hotels. The companies joined the wireless industry’s lobbying group and other parties in opposing the hotel industry’s petition, which seeks the Federal ...

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Ashford to Buy Out Partner in Highland Portfolio

Ashford to Buy Out Partner in Highland Portfolio

Ashford Hospitality Trust has signed a definitive agreement to acquire the remaining 28.26 percent ownership interest of the 28-hotel Highland Hospitality portfolio from it joint venture partner, Prudential Real Estate Investors. Ashford will purchase the fund’s interest for $250.1 million ...

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In Wake of U.S. Policy Shift, Travel Industry Eyes Cuba Tourism

In Wake of U.S. Policy Shift, Travel Industry Eyes Cuba Tourism

President Barack Obama on Wednesday announced plans to restore full diplomatic relations with Cuba after 50 years. The decision will ease travel restrictions for family visits, public performances, and professional, educational, and religious activities, among other categories. Tourist travel remains ...

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IHG Acquires Kimpton for $430 Million

IHG Acquires Kimpton for $430 Million

InterContinental Hotels Group announced that it is acquiring Kimpton Hotels & Restaurants for $430 million. The deal will be financed through existing cash resources and new debt facilities and is expected to close during the first quarter of 2015, according ...

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