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Oracle to Buy Micros Systems

Oracle announced Monday that it will acquire Micros Systems for $5.3 billion. Billionaire Larry Ellison’s technology giant will pay $68 per share for Micros, which builds technology for the hospitality and retail industries. Read more here.

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AH&LA Hosting 911 Webinar

AH&LA Hosting 911 Webinar

On June 26, AH&LA will host a special members-only webinar “Emergency 911 Dial-Through Systems.” Join representatives from the industry’s top phone system vendors for a timely and important discussion of the changes required to implement 911 direct dial, and how ...

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Sunstone to Acquire Wailea Beach Marriott Resort

Sunstone to Acquire Wailea Beach Marriott Resort

Sunstone Hotel Investors Inc. has entered into a definitive agreement to acquire the 544-room Wailea Beach Marriott Resort & Spa in Maui, Hawaii, for $325.7 million. The company expects to fund the acquisition, in part, with $60 million of common ...

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Lodging Industry Urges Reauthorization of Brand USA

Lodging Industry Urges Reauthorization of Brand USA

The American Hotel & Lodging Association calls on the U.S. House of Representatives to pass The Travel Promotion, Enhancement, and Modernization Act (H.R. 3340), co-sponsored by Congressmen Gus Bilirakis (R-Fla.) and Peter Welch (D-Vt.). The legislation, which currently has 100 ...

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