5 things to know: 5 April 2016
5 things to know: 5 April 2016
05 APRIL 2016 9:01 AM

From the desks of the Hotel News Now editorial staff:

  • AccorHotels buying Onefinestay
  • Trump Hotels breached once again
  • Hilton extended-stay brands to grow in Latin America
  • Hoteliers could grab a piece of possible Cuban theme park
  • The top stressors for business travelers

AccorHotels buying Onefinestay: AccorHotels announced early Tuesday the acquisition of Onefinestay, a luxury home rental company, for €148 million ($168 million). AccorHotels officials also said they plan to sink an additional €64 million ($72.6 million) into international growth for the serviced home rental platform.

In a news release announcing the move, AccorHotels CEO and Chairman Sébastien Bazin said “Onefinestay has successfully captured a sweet spot: a combination of needs that neither traditional hotels nor new actors of the sharing economy can meet.”

Trump Hotels breached once again: The Trump Hotel Collection seems to be dealing with the second breach of its credit card systems in a year, according to a report from KrebsonSecurity. The data security blog claims multiple unnamed sources within the financial sector have identified “a pattern of fraud on customer credit cards, which suggests that hackers have breached credit card systems at some—if not all—of the Trump Hotel Collection properties.”

After HNN reached out to the company, Trump officials responded to that report with a written statement attributed to Eric Trump, EVP of development and acquisitions for The Trump Organization.

“Like virtually every other company these days, we are routinely targeted by cyber terrorists whose only focus is to inflict harm on great American businesses,” the statement reads. “We are in the midst of a thorough investigation on this matter and are working with the U.S. Secret Service and the FBI to help catch these criminals and prosecute to the full extent of the law. We are committed to safeguarding all guests’ personal information and will continue to do so vigilantly.”

Hilton extended-stay brands to grow in Latin America: Hilton officials want Homewood Suites and Home2 Suites to be the preeminent extended-stay brands in North America and they are making a push to establish those two brands in Latin America as well, writes HNN reporter Bryan Wroten.

Adrian Kurre, global head for those two brands, told Wroten that growth within the extended stay segment is appealing to Hilton officials because revenue growth remains stronger for those properties during weaker portions of the cycle.

“They do well when in the cycle of more advantageous periods,” Kurre said. “They really excel in softer sides.”

Hoteliers could grab a piece of possible Cuban theme park: A proposal to build the second largest theme park in the world in Cuba could include half a dozen hotels, reports The Independent. The media outlet reports that the park, which would also include roller coasters, a zoo and a water park, would be “operated by a well-known, U.S.-based giant.”

The scope of the park would be second only to Dubailand, which is an entertainment complex currently under construction in Dubai, United Arab Emirates.

The top stressors for business travelers: A new survey from Booking.com highlights the multiple sources of stress for American business travelers. A total of 93% of those surveyed admit to feeling stressed “at some point on their journey.”

The most likely causes of stress, according to the survey, are missing a flight or train (32% of travelers), language barriers (26%), possibly losing luggage (22%), unfamiliar surroundings (21%), getting around in a different city (18%), and losing important documents like passports or presentations (18%).

Compiled by Sean McCracken.

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.