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Travelers spent $5.2 billion in fraudulent and misleading hotel booking transactions

online fraudA new survey commissioned by American Hotel & Lodging Association (AHLA), in partnership with Morning Consult revealed that 23 percent of consumers are misled by third-party traveler resellers on the phone or online – translating to 28.5 million hotel stays and $5.2 billion in fraudulent and misleading hotel booking transactions in 2017.

Rezidor Hotel Group AB renames to Radisson Hospitality AB

radisson hospitalityAt the 2018 Annual General Meeting in Stockholm, Sweden, the shareholders resolved to change the name of the company from Rezidor Hotel Group AB (publ) to Radisson Hospitality AB (publ) by amending the company’s articles of association.

Israel welcomes The Nobu Hotel Tel Aviv

Tel Aviv Rothschild BoulevardGlobal lifestyle brand Nobu Hospitality, founded by Nobu Matsuhisa, Robert De Niro and Meir Teper announced its 17th hotel in the brand’s expanding portfolio: The Nobu Hotel Tel Aviv.

AccorHotels acquires Mövenpick Hotels & Resorts

AccorHotels has signed an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & Resorts, for a cash amount of CHF560 million (€482 million).


Swiss-Belhotel to open 2 new hotels in Bahrain in 2018

swiss belhotelSwiss-Belhotel International announced two new hotels slated to open in Bahrain this quarter. With these new openings the group will triple its inventory of rooms in the Kingdom while ushering in two new brands into the country that is its luxurious 5-star brand ‘Grand Swiss-Belresort’ and midscale brand ‘Swiss-Belresidences’.

Best Western to open a stylish new Beach resort in Vietnam

Best Western Hotels & Resorts has unveiled plans to launch its BW Premier Collection brand in Vietnam, with a new upscale beach resort in one of the country’s most exciting up-and-coming coastal destinations.

Vung Tau Vietnam