Hotel owners are always looking for the extra inch of profit and are increasingly leaning on the global brands to not only deliver, but invest more with them in the pursuit. That was one part of far-reaching discussion and conversation at the Revenue Strategy Summit, here at the Renaissance Washington, D.C. Downtown Hotel. Hotel owners are all looking at ways to grow their bottom lines, and, for some, there is a feeling of having to pursue that achievement on their own—at lea

With China’s online travel market valued at almost US$87 billion and growing, Marriott International is about to get a big boost marketing its hotels to Chinese consumers through a new joint venture with Alibaba Group Holding announced on Monday. Alibaba's travel service platform, Fliggy (formerly Alitrip), will immediately manage Marriott’s storefront there, and in the future, Alibaba will manage Marriott’s websites and mobile apps in Chinese language. The JV also will link

AccorHotels and Bouygues Immobiliser have created a 50/50 joint venture with the aim of accelerating the growth of Bouygues Immobiliser's co-working brand Nextdoor in France and throughout Europe. This latest investment sees AccorHotels further expand its concept of hospitality as it builds on the “three verticals” strategy it announced earlier this year, increasing its touchpoints with the consumer. Under the joint venture, AccorHotels will use its distribution channels to t