Articles tagged “active hotels”

As demand for luxury short-term vacation rentals rises in India, The Leela is seemingly seeking to leverage its established presence in the luxury hospitality space to capture more share of this market.

Two back-to-back hotel deals in Bengaluru point towards a high investor interest. Behind this interest lie several factors that are making the city's hotel market lucrative.

The Indian hotel industry could see more transactions, likely driven by debt pressure. Fortunately, larger profitable players will probably be willing to increase investments.

The Indian hotel industry is expected to grow over the next three years for several reasons: limited room supply, growing demand, better infrastructure. The demand-supply gap is a positive aspect, but could also cause issues if not carefully dealt with.

We're unpacking the travel industry's impact on jobs in India. There's no question the demand is there and companies want to hire. But we've also heard from industry leaders that it's going to be tough to retain the next generation of workers - changes are needed they say.

Sarovar Hotels and Resorts is one of the fastest-growing hotel chains in India. It is now reviving its presence in Africa, where it has been witnessing strong traction post-Covid.

India is a strong player in Accor's global vision. The record-breaking expansion in 2023 is a step towards its goal of opening 30 properties in the country over the next three to five years.

The acquisitions of Active Hotels and Bookings B.V., which led to the creation of Booking.com, transformed parent company Priceline.com, and online travel history. Take a look at Priceline's fourth quarter of 2005 financial results, and you'll be able to see the journey in process.

The stars were seemingly aligned when Booking.com made its move. The big U.S. players were too comfortable with their huge margins from the merchant model; Booking.com focused on independent hotels; and search engine marketing was on the rise. Still, it was the entrepreneurs and dealmakers who made it all happen.

This is the oral history of Priceline's two deals, the acquisitions of Active Hotels and Bookings B.V., that created Booking.com, and continue to shape the course of online travel and the competitive landscape today. The twin transactions were among the greatest Internet deals of all time, and their lessons are relevant to startups and dealmakers in any industry.