The owner-operator of nearly 330 hotels is betting that its owner-operator model will win in the U.S. market, where other foreign entrants have stumbled.
The latest funding round for Vendelux signals that business events are entering an era of accountability, where data — not gut instinct — will increasingly determine which conferences win corporate budgets.
Uber owns the transaction, and Google Maps owns the moment before it, and in the first half of 2026, both started using AI to cross into the other's territory. Travel distribution sits directly in the path.
RedDoorz expects to begin laying the groundwork within weeks for the listing plans by appointing investment banks, legal advisors, and auditors. Plus, more hotel deal and development news from APAC.
The next five years in Saudi Arabia tourism will determine the global order of the travel industry for the next 50 years. Based on a new survey of over 400 travel executives, this new research explores five paths to sustainable success in travel and tourism investments across the Kingdom.
You can only build so many Tajs. Scaling to 700 hotels means following demand and building for India's expanding middle class, where consistency matters as much as luxury, rather than chase the shrinking pool of ultra-premium international arrivals.