Minor International (MINT) announced today that it has reached agreement to acquire 30,000,000 shares in NH Hotel Group in a transaction valued at EUR 192 million, which together with its existing shareholding will increase MINTs stake in NH Hotel Group to 8.6% on a fully diluted basis.
Unfortunately, the cost of one of the most popular marketing tools available to hoteliers continues to rise. In just a short amount of time, weve seen dramatic surges in search engine marketing pay-per-click (PPC) costs (especially on Google), burning holes in hotel marketing budgets around the globe.
Brazil continues streak of occupancy and room-rate growth - Costa Rica breaks April performance records - Peru room rates increase for first time in 2018
Italy occupancy reaches all-time high for April - Switzerland posts lowest April ADR on record - Poland performance comparisons positive due to Easter calendar shift