The owner of the Holiday Inn and Crowne Plaza hotel brands has disclosed that payment card-stealing malware has struck about 1,200 of its franchisees' properties. UK-based Intercontinental Hotels Group (IHG) said all but one of the locations affected were in the US, with the other being in Puerto Rico.
Ten years after he bought the beachfront Casa Malibu Inn for $20 million, Oracle founder Larry Ellison is just about ready to unveil the first in a new group of ultra-high-end luxury retreats.
He's doing it with a trio of high-profile partners: Robert De Niro, chef Nobu Matsuhisa, and film producer Meir Teper.
Dubbed Nobu Ryokan Malibu , a new 16-room hotel now stands on the property Ellison bought a decade ago.
It's the first in what is being called the Nobu Ryokan Collection, a new group of luxury retreats in exotic destinations around the world, created by Ellison and the creative minds behind the Nobu restaurants.
The experience, which is modeled after a traditional Japanese inn, won't come cheap - according to Curbed , rooms will start around $1,100 a night, though that rate could go up to $2,000 during "preferred" times.
Business activity for China's hoteliers weakened in February according to the latest reading of the country's Hotel Industry Pulse (HIP). e−forecasting.com's China HIP - a business analytic which tracks monthly overall business conditions in China's hotel industry - decreased 0.2% in February to a reading of 94.4. HIP index is set to equal 100 in 2010.