Hilton (NYSE: HLT) today announces the companys debut in Bermuda with the signing of Bermudiana Beach Resort, Tapestry Collection by Hilton. Also representing the brands first hotel in Bermuda and second development in the Caribbean region, the 111-room resort is slated to open in 2020.
Pebblebrook Hotel Trust (NYSE: PEB) yesterday announced that it closed on the sale of the 132-room Hotel Amarano Burbank in Los Angeles, California for $72.9 million.
The hotel building in Manchester, with a gross floor area of almost 8,000 sqm, will have 212 rooms and 785 beds on a total of 12 floors. It is expected to open by the end of 2021 and is one of currently 17 hotel projects in Europe and the U.S.
Hotels around the world have started making bigger moves to win back lost grounds from online travel agencies (OTA). But is enough being done to own the customers entirely and emerge as winners?