The future business model of hospitality brands After detaching themselves from physical hotel assets, the time seems right for hotel brands to capitalize on their brand equity and find opportunities beyond traditional hotel stays to become universal travel and service brands. Source: Hotel Marketing The future business model of hospitality brands
AccorHotels acquires restaurant reservation system ResDiary ResDiary is notably well established in the Asia Pacific region as well as in the UK, and has a footprint in 60 countries globally, seating 166m diners a year in over 8,600 venues. Source: Hotel Marketing AccorHotels acquires restaurant reservation system ResDiary
Booking.com bets on non-hotel rooms in India Booking.com will expand its offering of non-hotel accommodation in India, in a bid to gain an edge over local rival MakeMyTrip and US-based peer Airbnb. Source: Hotel Marketing Booking.com bets on non-hotel rooms in India
Chinese travel B2B platform Octopus gets M funding Founded in 2012, Octopus focuses on B2B online travel services, including domestic and international travel. It has served more than 20,000 travel agencies and distributors Source: Hotel Marketing Chinese travel B2B platform Octopus gets M funding