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Day: May 9, 2025

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9 May, 2025 Sofia Hotels

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Transforming Hospitality for a Bold New Future

9 May, 2025 Sofia Hotels

In the lead up to the Future Hospitality Summit Saudi Arabia 2025 taking place in Riyadh next week, we asked several industry partners about the opportunities they see for the hospitaliy industry in the Kingdom

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Marriott to Buy CitizenM for $355 Million

9 May, 2025 Sofia Hotels

Marriott International said Monday it would buy the lifestyle hotel brand CitizenM for $355 million, broadening its presence in primarily urban markets with a brand that offers small, tech-enabled rooms with minimalist amenities and playful

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Westgate Resorts Completes Acquisition of VOS, Exclusive Management and Sales Partner of VI Resorts, Introduces VI Resorts by Westgate

9 May, 2025 Sofia Hotels

Westgate Resorts announced today the completion of its agreement to purchase Bellevue, Washington-based Vacation Ownership Sales (VOS), which has the exclusive management, sales, and marketing rights of VI Resorts, North America's largest owner-controlled timeshare and

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Kimpton Brings Its Laid-back Luxury to Germany with the Opening of Kimpton Main Frankfurt

9 May, 2025 Sofia Hotels

Kimpton, part of IHG Hotels & Resorts' luxury and lifestyle portfolio, opens Kimpton Main Frankfurt, the brand's first hotel in Germany and a vibrant new addition to Kimpton's growing global portfolio. Located in the heart

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Cendyn and Amadeus Report Strong Growth Metrics for U.S. Events

9 May, 2025 Sofia Hotels

Cendyn, a global integrated hotel technology and services company, and Amadeus, a leading technology provider for the travel industry, today released metrics from the companies’ Hospitality Group and Business Performance Index (the “Index”). The overall

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HFTP Announces Participating Startups for Entrepreneur 20X (E20X) at HITEC 2025

9 May, 2025 Sofia Hotels

Hospitality Financial and Technology Professionals (HFTP®), producers of the Hospitality Industry Technology Exposition and Conference (HITEC®), has unveiled the eight innovative startups selected to compete in this year’s Entrepreneur 20X (E20X) pitch competition, taking place

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Sabre to Sell Hotel Reservations Platform for $1.1 Billion

9 May, 2025 Sofia Hotels

The private equity arm of TPG will acquire Sabre's hospitality solutions business for $1.1 billion in cash, the companies said Monday. "This divestiture positions Sabre to focus on our core airline IT and travel marketplace

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Is Your Hotel Technology Stack Ready for the Future? 7 Key Considerations for Revenue Managers

9 May, 2025 Sofia Hotels

Technological prowess was once an advantage for the more savvy hotelier, whereas now it’s a core component of commercial success. For hotel revenue managers, this evolution presents both challenges and opportunities. The right commercial technology

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Mountain Modern Announces Grand Opening of Second Location in Sedona, Arizona

9 May, 2025 Sofia Hotels

Crystal Creek Capital, a Jackson Hole, WY-based private equity real estate investment firm, is pleased to announce the grand opening of Mountain Modern Sedona, marking the second location for the adventure-fueled hotel brand. Following an

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