Centara Hotels and PTT Oil plan six budget hotels at Thai service stations, while IHG debuts Garner brand in Greater China. Plus, more hotel deal and development news.
Now that IndiGo has significantly hiked its fuel surcharges, will Air India follow suit? Air India’s still-unannounced Phase 3 Far East surcharge will likely reflect the new, higher benchmark.
Service Properties Trust priced a $500 million public offering while Blackstone acquired Stanly Ranch through foreclosure. Plus, more hotel deal and development news.
Accor loses ownership stake in these hotels but keeps its name on the buildings and continues to collect fees. This is the shift toward an asset-light, franchise-heavy model CEO Sébastien Bazin has long sought.
Food ordering is Amazon's dress rehearsal for voice-driven travel planning and booking — a move that could put Alexa between travelers and travel suppliers.