Kayak IPO Values Company at $1.3 Billion

On Friday Kayak.com went public on the Nasdaq stock market listed under the ticker symbol “KYAK”.  Its shares were up(more…)

Starwood Projects 6 to 8 Pct Increase in RevPar

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Starwood Hotels & Resorts Worldwide topped profit estimates for the first quarter as strength in the Americas helped offset softness(more…)

Marriott at 52-Week High, Going Further?

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After spinnng off its timeshare company last year, Marriott has become “a pure-play management and franchise company that will benefit from(more…)

Wyndham 2011 Revenue up 10%, 850 Hotels in Pipeline

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Fourth quarter Wyndham revenues increased 7% from the prior year period to $1.0 billion. The increase reflects organic growth in(more…)

Can Hoteliers’ Roomkey Slow Down Google & Priceline?

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In a long-anticipated move, six of the hotel industry’s biggest brands have come together to offer consumers a new channel by(more…)