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....". Other hotel chains to have been struck by payment system hacks in recent years include Hyatt, Mandarin Oriental and Trump Hotels. ... [Read full article on BBC ]
Wednesday 19th of April 2017 12:31:04 PM
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Latest Finance News related to Hotel Chain

Holiday Inn hotels hit by card payment system hack image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:31:04 PM
....". Other hotel chains to have been struck by payment system hacks in recent years include Hyatt, Mandarin Oriental and Trump Hotels. ...
Travelodge makes more out of business than leisure visitors image
Source : BBC [Read Article] Monday 10th of April 2017 07:11:56 AM
. Following a £100m modernisation programme, budget hotel chain Travelodge is now attracting more custom from business than leisure visitors for the first time. ...
Swedish hotel chain offers 'divorce refunds' image
Source : BBC [Read Article] Friday 24th of March 2017 01:11:50 PM
. A Swedish hotel chain is offering a refund to couples who get divorced within a year of staying at one of its places. ...
Chinese pour $110bn into US real estate, says study image
Source : Guardian [Read Article] Monday 16th of May 2016 02:36:33 AM
....“Anbang is not the only firm looking at these assets. Other Chinese entities were originally interested in acquiring Starwood in 2015 before Marriott reached an initial deal, including Jin Jiang Hotel Group, which had already acquired a European hotel chain in 2015, and CIC, the sovereign wealth fund,” the study said. ...
Major hotel chain to grow vegetables at 1000 properties to cut food waste image
Source : Guardian [Read Article] Wednesday 13th of April 2016 02:09:50 AM
. One of the world’s biggest hotel chains has announced it will plant vegetable gardens at many of its hotels as part of a plan to cut food waste by a third. ...
City news: Tesco, Co-op, Asos and Costa coffee image
Source : Daily Express [Read Article] Wednesday 13th of April 2016 12:01:00 AM
....Rogers, who has been with parent group Whitbread for 11 years, will be replaced by Dominic Paul, a senior vice president at cruise giant Royal Caribbean International. Rogers joined Whitbread, which also owns hotel chain Premier Inn, as fiance director in 2005. ...
Tata Steel: part-public ownership with major private appeal image
Source : Guardian [Read Article] Tuesday 12th of April 2016 11:01:39 PM
....Nor is Whitbread a complicated conglomerate. It has only two major moving parts – Costa and the Premier Inn hotel chain – so it shouldn’t be too hard to value. ...
Investors approve Marriott Starwood deal image
Source : BBC [Read Article] Friday 8th of April 2016 05:06:12 PM
. The shareholders of both Marriott and Starwood Hotels have approved the tie-up of the two hotel chains. ...
Self-driving cars to hospital robots: automation will change life and work image
Source : Guardian [Read Article] Wednesday 30th of March 2016 04:00:21 AM
....Epple also pointed to self-driving cars as an application of AI and robotics that offers a “tremendous opportunity”, allowing people to work inside cars rather than driving them, boosting productivity. But Fergus Boyd, digital and IT director of hotel chain Yotel, questioned the usefulness of autonomous cars. ...
Wall Street rises on consumer spending image
Source : BBC [Read Article] Monday 28th of March 2016 06:49:37 PM
.... . Starwood shares rose 2% after Anbang increased its offer for the hotel chain to $14bn. ...
Starwood Hotels bidding war continues as Chinese offer $14bn image
Source : Guardian [Read Article] Monday 28th of March 2016 04:38:55 PM
. The battle for control of Starwood, owner of the W and Sheraton hotel chains, has intensified after a Chinese-led consortium returned with a sweetened $14bn (£9. ...
Starwood hotels accepts $13.6bn merger with Marriott International image
Source : Guardian [Read Article] Monday 21st of March 2016 12:35:18 PM
....16bn, offer from a group led by China’s Anbang Insurance Group. Related: Chinese investors rival Marriott with $14bn offer for Starwood hotel chain. ...
China's Anbang closes in on Starwood image
Source : BBC [Read Article] Friday 18th of March 2016 02:08:41 PM
....Starwood said it would terminate a deal to be bought by Marriott International, after it received a superior proposal from a group led by Anbang. Marriott and Starwood had agreed to merge in November in a $12bn deal to create the world's largest hotel chain. ...
China's Anbang in $6.5bn US hotel deal image
Source : BBC [Read Article] Monday 14th of March 2016 12:31:29 PM
....US hotelier Marriott International said a consortium led by Anbang had made an "unsolicited" offer for Starwood Hotels. Marriott and Starwood agreed to merge in November in a deal that would create the world's largest hotel chain. ...
Smart energy 'could save £8bn a year' image
Source : BBC [Read Article] Friday 4th of March 2016 12:01:53 AM
....Multiplied across thousands of homes, smart energy means the grid will need fewer power stations than it was planning to meet peak demand. The system is already operating with firms like the hotel chain Marriott, which allows its aircon systems to be switched off to save power when electricity demand peaks. ...
Mild weather and quiet high street leave Costa growth weak image
Source : Guardian [Read Article] Thursday 3rd of March 2016 08:52:26 AM
.... Many high street retailers have blamed the mild weather for not being able to sell winter clothes. Whitbread’s budget hotel chain Premier Inn fared better, with like-for-like sales up 2. ...
How many companies does it take to change a lightbulb? image
Source : Guardian [Read Article] Wednesday 17th of February 2016 11:00:05 AM
.... Titled “Better Buildings Challenge Swap”, the series pits two companies against each other, with corresponding team members visiting one another’s properties to pinpoint inefficient energy use and prescribe remedies. In the first few episodes, hotel chain Hilton goes head-to-head with Whole Foods in a three-day swap filmed in December in San Francisco. ...
EasyJet founder to vote against chairman amid dividend row image
Source : Guardian [Read Article] Tuesday 9th of February 2016 12:03:44 PM
.... The year before he almost removed Barton’s predecessor, Sir Mike Rake, and criticised pay deals for top executives. He has also sought to block pay deals for directors of Fastjet, which he helped found, and easyHotel, the hotel chain in which he has a 49% stake. ...
Airbnb pays Paris €1.2m in tourist taxes image
Source : Guardian [Read Article] Friday 5th of February 2016 02:53:09 AM
....Airbnb, which allows people to rent out their rooms, apartments or homes, was launched in 2008 and quickly became very popular. Traditional hotel chains see it as a rival and accuse it of helping people avoid taxes and hosting illegal hotels on its website. ...
Iran: Business eyes new opportunities image
Source : BBC [Read Article] Wednesday 20th of January 2016 12:03:39 AM
.... Like other destinations in the Middle-East it is perceived as being dangerous and the lack of alcohol could put off some visitors. A shortage of hotel beds is a problem, but international hotel chains are already looking to invest. ...
Travelodge to begin £140m spree of hotel openings with branch in Weston-super-Mare image
. Travelodge, the budget hotel chain that was bailed out in 2012 before turning round its fortunes, will invest £140m on 19 new branches this year. ...
Hyatt Hotels tells customers to check credit cards amid malware hacking fears image
Source : Guardian [Read Article] Thursday 24th of December 2015 12:29:48 AM
. Global hotel chain Hyatt has advised customers to review their card statements after it found malicious software on the computer system that processes customer payments, raising the possibility that hackers may have obtained credit card numbers or other sensitive information. ...
Hotel du Vin founder Gerard Basset on his weird start in business image
Source : Telegraph [Read Article] Monday 14th of December 2015 04:55:59 PM
.... . He and former business partner Robin Hutson, who now owns the Lime Wood Group and Home Grown Hotels behind the much vaunted The Pig hotel brand - grew Hotel Du Vin to six hotels, and then sold the business to rival boutique hotel chain Malmaison in 2004. ...
Love Home Swap acquires Dutch rival to become world leader in home exchange image
Source : Telegraph [Read Article] Sunday 13th of December 2015 09:02:53 PM
.... Kate Winslet tries out LA life in The Holiday, which was released in 2006. Love Home Swap is backed by Wyndham Worldwide, the US-based owner of Travelodge, Ramada and RCI among other hotel chains. ...
Sales off the boil at Costa Coffee owner image
Source : Guardian [Read Article] Thursday 10th of December 2015 05:32:10 PM
....Although almost 2,000 Premier Inn rooms have been added in the year so far, the company is managing to fill them. The hotel chain boasts an 89% occupancy rate in London and 84% in the regions. ...
City news: easyHotel, Ashtead, Xchanging and House of Fraser image
Source : Daily Express [Read Article] Wednesday 9th of December 2015 07:30:00 PM
....He added: “The opportunity in the UK and Europe is larger than we thought. We can establish ourselves as the leading branded super budget hotel chain and create significant value for shareholders. ...
'Small army' of insurers rush to Cumbria to help deal with Storm Desmond floods image
.... . Their first goal is to find alternative accommodation for customers, with partnerships agreed in advance with hotel chains to try to ensure beds will be available. ...
Travel stocks hit by slump in flight bookings since Paris attacks image
Source : Telegraph [Read Article] Tuesday 24th of November 2015 10:21:55 AM
.... . In France, hotel chain Accor slipped by almost 4pc while Air France fell 2. ...
City News: Housing, BT, Nationwide, Majestic and Marriot image
Source : Daily Express [Read Article] Monday 16th of November 2015 07:55:00 PM
....MARRIOTT International is buying US rival Starwood in a $12. 2billion (£8billion) deal to create the world’s biggest hotel chain. ...
James Packer buys into Robert De Niro's restaurant and hotel chain, Nobu image
Source : Guardian [Read Article] Thursday 29th of October 2015 05:03:09 AM
. James Packer and the Oscar-winning actor Robert De Niro have become unlikely partners after the Australian billionaire bought a stake in the actor’s world renowned Japanese restaurant and hotel chain, Nobu. ...
Lord Noon obituary image
Source : Guardian [Read Article] Wednesday 28th of October 2015 05:08:30 PM
.... He opened a branch in Leicester, a major centre for East African Asian settlement. Noon also became involved in aviation catering before, in partnership with an Indian hotel chain, he moved to the US to set up a factory supplying nine restaurants in New York. ...
Andy Harrison will be a tough act to follow at Whitbread image
Source : Telegraph [Read Article] Tuesday 20th of October 2015 08:23:41 PM
.... Yet, Costa is only part of the story. Whitbread also owns Premier Inn, the budget hotel chain, where growth is of a similar pace and breadth. ...
AstraZeneca falls on downgrade, as blue-chips edge lower image
Source : Telegraph [Read Article] Tuesday 20th of October 2015 05:31:40 PM
.... Better-than-expected interim results also helped the owner of Premier Inn and Costa Coffee, Whitbread, touch its highest level since August. Profits in the first half of the year rose by 14pc thanks to new coffee stores and increased demand for its hotel chain. ...
FTSE down despite strong hotel results image
Source : BBC [Read Article] Tuesday 20th of October 2015 07:59:11 AM
. (Close): After a bright start, London's leading shares ended slightly down on the day, despite strong results from two leading hotel chains. ...
Costa boosts Whitbread's profits image
Source : BBC [Read Article] Tuesday 20th of October 2015 07:09:46 AM
. Costa coffee sales and the hotel chain Premier Inn have boosted Whitbread's half-year pre-tax profits to £254. ...
Life as a hotel chambermaid: ‘If I didn’t finish in time, I had to work unpaid until I did’ image
....Instead, Pokryszka’s graphic story illustrates how the discouragement of union membership and improved pay and conditions is a subtle business that spawns victims while it avoids direct management culpability. Most hotel chains outsource cleaning. ...
Ignore the Corbynistas, workers are finally securing a pay increase image
Source : Telegraph [Read Article] Wednesday 16th of September 2015 04:34:02 PM
.... There has been a lot of publicity for the way tech companies such as Netflix have offered perks such as unlimited maternity leave – but those kinds of jobs are only held by a small number of highly educated women. This month, however, the hotel chain Hilton announced a big increase in paid maternity leave for all its 40,000 US workers – up to 10 weeks on full pay for new mothers. ...
Resolution Foundation plays down fears over national living wage image
Source : Guardian [Read Article] Monday 14th of September 2015 11:01:02 PM
....The findings will add further fuel to the debate over whether a higher minimum wage for the over-25s will cost jobs and raise inflation. Last week, Whitbread, which runs the Premier Inn hotel chain, said it was looking at ways to offset the cost of the pay rise for more than 15,000 staff. ...
Starbucks and palm oil, wake up and smell the coffee image
Source : Guardian [Read Article] Tuesday 25th of August 2015 03:31:25 PM
.... Just this May, Indonesian palm oil producer Astra Agro Lestari was targeted through its sister company, the Mandarin Oriental Hotel group. After activists staged stunts outside Mandarin Oriental Hotels in London and New York and people took to the hotel chain’s Facebook page to voice their disapproval, it was only a matter of days before Astra issued a statement announcing an immediate moratorium on deforestation. ...
1,000 firms join Airbnb for business travel image
Source : Telegraph [Read Article] Friday 21st of August 2015 10:17:13 PM
.... . Traditional hotel chains see Airbnb as a rival and accuse it of helping people avoid taxes and of hosting illegal hotels on its website. ...
Hotel training makes room for learning disabled people at work | Nicola Slawson image
.... In order to help students reach the standard, tutors from the college, along with the college housekeeper, were trained by Premier Inn staff so they could pass the skills on. The hotel chain now hosts 11 students on placements across six hotels, working not just in housekeeping but also on reception and in the hotel restaurants. ...
Why work isn't what it used to be image
Source : BBC [Read Article] Friday 31st of July 2015 09:03:43 PM
.... . Today Whitbread owns Costa Coffee, the largest chain of coffee shops in the UK, Beefeater Restaurants andthe fast-growing budget hotel chain Premier Inn. ...
US-Cuba relations: Their rapprochement carries a message that should have resonance far beyond the gates of a newly-reopened embassy image
.... Other European-based multinationals such as Unilever and Nestlé have joint ventures in Cuba, while Coca-Cola is available thanks to a legal loophole. When the embargo is lifted, the big US hotel chains will be eager to get in, for the prime way in which Cuba will benefit from a more open border will be tourism (at present US citizens can visit but if they fly direct they have to do so with a cultural or educational purpose). ...
Travelodge owners preparing £1bn sale image
Source : BBC [Read Article] Monday 20th of July 2015 07:37:26 AM
. The owners of Travelodge are reportedly preparing a £1bn sale or stock market float of the hotel chain. ...
Travelodge owners hire Deutsche Bank for sale image
Source : Telegraph [Read Article] Sunday 19th of July 2015 11:01:23 PM
.... . Peter Gowers, the industry veteran who took the helm in November 2013, has since spearheaded a £100m modernisation programme of the hotel chain that has helped to revive its fortunes, paving the way for a change in ownership. ...
Bargain Hunter: Sky broadcasts a 'free' offer on Fibre broadband and Quidco offers cashback on all easyJet bookings image
....Ibis hotels offer summer holiday discounts   . Ibis, the hotel chain, has launched a new sale. ...
Space is a frontier too far. Elon Musk’s best bet is to come back down to earth image
.... As has the department store Macy’s. Pretty much everyone he does business with is now “reconsidering”, as are potential guests at his hotel chain after a credit-card security breach. ...
Will a prepaid holiday card work in Greece if other bank cards fail? image
Source : Telegraph [Read Article] Tuesday 30th of June 2015 10:54:56 AM
...." . While large hotel chains and car hire companies may still be accepting card payments, many smaller retailers such as restaurants and tour companies are likely to insist on cash payments. ...
Ladbrokes jumps on digital turnaround image
Source : Telegraph [Read Article] Tuesday 16th of June 2015 06:34:39 PM
Costa Coffee owner Whitbread grinds out first-quarter sales increase image
Source : Guardian [Read Article] Tuesday 16th of June 2015 12:28:36 PM
....In London, Premier Inn’s total sales were up 21. 6% as the budget hotel chain boosted the number of rooms available by nearly 25%, but revenue per room fell 1%. ...
Greece worries weigh on FTSE 100 image
Source : BBC [Read Article] Tuesday 16th of June 2015 08:09:44 AM
....Whitbread shares were up 0. 50% despite the firm reporting rising first-quarter sales at both its Premier Inn hotel chain and its Costa Coffee business. ...
MARKET REPORT: Easyhotel see fall in share prices due to restricted pre tax profits  image
. Budget hotel chain easyHotel fell 7p to 74p after interim pre-tax profit growth was restricted to seven per cent due to costs developing the business. ...
The hotel concierge goes hi-tech image
Source : BBC [Read Article] Monday 1st of June 2015 11:21:58 PM
....GTRIIP, a start-up founded in Singapore that has opened offices in the US, has developed a documentless check-in service using the iPhone's biometric features. Guests can securely check in at participating hotel chains using Apple's Touch ID fingerprint recognition technology to access the booking details saved on their device. ...
Adult website hack compromises users image
Source : BBC [Read Article] Thursday 21st of May 2015 09:31:08 PM
....In a separate incident, mSpy admitted it has been hacked and had thousands of customer records leaked online. And this year it was revealed the hotel chain Mandarin Oriental and telecoms firm TalkTalk lost customer data. ...
Jardine Matheson subsidiary accused of threatening at-risk species by cutting down swathes of rainforest for palm oil plantations image
....Forest Heroes hopes to put pressure on Jardine Matheson, one of the 200 largest companies in the world, by persuading major investors to get rid of their shares in the company because of ethical concerns about AAL’s operations. To highlight their campaign, they plan to hold demonstrations outside one of Jardine Matheson’s most high-profile business, the Mandarin Oriental luxury hotel chain. ...
Whitbread boss to step down as company sets out growth plans image
Source : Telegraph [Read Article] Tuesday 28th of April 2015 07:01:26 AM
.... . The company also said it wants to add another 25,000 rooms to its Premier Inn hotel chain and increase sales at its Costa Coffee unit by almost 80pc to £2. ...
Travelodge sale on the cards after revenues and earnings rise image
Source : Telegraph [Read Article] Monday 13th of April 2015 02:04:03 PM
.... . The hotel chain has bounced back since its near-collapse in 2012, when Goldman Sachs, GoldenTree Asset Management and Avenue Capital stepped in to take over the company from Dubai International Capital in a debt for equity swap. ...
Travelodge books a 63% rise in profits image
Source : BBC [Read Article] Monday 13th of April 2015 11:46:14 AM
. UK budget hotel chain Travelodge has reported a surge in profits of more than 60%, three years after its near-collapse. ...
Small rooms, super-fast internet and food to go: welcome to the hotel of the future image
.... A new breed try to appeal to a generation of customers who want fewer frills and tech-friendly communal areas and have set aside £150 billion to spend on it. The Los Angeles Times reports that multiple hotel chains are ditching tradition in favour of high-tech alternatives. ...
Manchester Building Society suing its accountants for £49m image
Source : Telegraph [Read Article] Monday 16th of March 2015 12:55:54 PM
.... . Last month, the firm won a ruling to have a case linked to the dissolution of the hotel chain Von Essen thrown out of court. ...
Luxury hotel chain confirms hack attack image
Source : BBC [Read Article] Thursday 5th of March 2015 03:45:48 PM
.... . The hotel chain is working with security companies to find out how the malicious code got on to its systems in the first place. ...
Source : Independent [Read Article] Thursday 26th of February 2015 09:13:05 AM
.... . The success of Costa – together with budget hotel chain Premier Inn – has delivered a quadruple espresso hit to the shares of owner Whitbread. ...
'We're beating rival funds by avoiding the FTSE 100'  image
Source : Telegraph [Read Article] Friday 13th of February 2015 11:46:46 AM
.... But this fund is refreshingly different. Its biggest bets are shares that most of its peers avoid, such as Cranswick, the butchers, and Millennium & Copthorne, the hotel chain. ...
Bargain Hunter: Get a discount on romance and put Valentine's Day up in lights image
....Travelodge in special offer for families at half-term . Looking further ahead, the hotel chain Travelodge is offering 40,000 rooms for £35 or less during February half-term. ...
Bargain Hunter: From The Outsider to 1984, catch a cut-price classic, read it in the rye image
....uk. Romantic mood spreads to the Mercure hotel chain. ...
Bargain hunter: Whisk up those leftovers instead of just throwing them in the bin image
....Ibis Budget offers for central locations . Cheap hotel chain Ibis Budget is currently offering reductions of up to 30 per cent off stays in 23 hotels, including central locations in London, Edinburgh and Manchester. ...
Has Ferrari got lost driving to market? image
Source : Independent [Read Article] Friday 12th of December 2014 12:17:40 AM
.... . Ferrari, though, is pushing the brand into uncharted territory: speculation suggests a hotel chain, presumably boutique, exclusive clubs and the like. ...
Bargain Hunter: Win a Bentley competition to be driving in a winter wonderland image
Source : Independent [Read Article] Saturday 6th of December 2014 12:00:00 AM
....Winter holiday rooms for £35 or less at Travelodge . The hotel chain is offering 200,000 rooms for £35 or less over the school holiday period, although the offer doesn't apply to London hotels. ...

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