Everything you wanted to know about buying and selling hotels.
The hotel industry in Canada, much like elsewhere, is undergoing significant transformation, driven by technology, changing consumer preferences, and the aftermath of the COVID-19 pandemic.
During 2023, Radisson Hotel Group in India took some major decisions, such as bringing the Radisson Collection brand to the country. As part of its strategic expansion, it is now looking at tier 2 and 3 markets.
The two hotel giants have a rivalry in terms of loyalty program membership numbers. Marriott currently has roughly 16 million more loyalty program members than Hilton.
Wyndham executives said a Choice Hotels offer to buy it has sandbagged them with work in rebuffing the offer and addressing regulators' concerns. The bill so far is $75 million.
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