International expansion is gaining ground at Choice, with full control in Canada and rising overseas openings. But its fortunes still depend heavily on the U.S.
This deal marks a meaningful step in Oyo’s push to become a truly global player, giving the hospitality company access to a region where it had little presence until now.
Soon it will be Amex GBT-CWT — and then everyone else. But tech-advanced companies can potentially make inroads as the merger partners get distracted with managing a huge integration.
Booking.com sees growing its flights business as a strategic priority. An eTraveli deal may still be on its agenda if it can get the courts to overturn a competition decision.
Ireland's largest hotel operator, Dalata, is exiting the public markets. The deal has a good chance of introducing Scandic Hotels to the UK and Ireland markets as manager of most of the hotels.
After selling these 15 resorts, Hyatt will once again look less like a real-estate company and more like a capital-light services business. It will be less likely to get clobbered during a downturn from volatile cash flows tied to depreciating assets.