Hotel companies continue to see opportunities for growth worldwide
After years of growth, hotel developers are being more selective about where they build. "There will be 280 markets of over a million people in China over the next 10 years," said Jim Chu of Hyatt Hotels.
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Marriott International is dealing with hiccups as it incorporates the Starwood loyalty program under a unified system. "Given the complexities of a huge integration like this, we prefer not to give deadlines, but rest assured that [we] are completely on top [of] any issue that has arisen," Marriott's John Wolf said.
Driftwood Hospitality sold the Hyatt House Houston Energy Corridor to Houston-based Energy Corridor Hotels, headed by Jay Patel. CBRE Hotels executives arranged the sale.
airBaltic receives eleventh Airbus A220-300 aircraft
Latvian airline airBaltic on August 25, 2018 in Riga welcomed its eleventh Airbus A220-300 jet, registered as YL-CSK. By the end of 2018, airBaltic plans to have a total of 14 Airbus A220-300 aircraft in its fleet. Thus far, airBaltic has carried over 1,450,000 passengers on the Airbus A220-300 aircraft with every third airBaltic passenger flying on the aircraft. Airbus A220-300’s have completed more than 14,000 flights and flown over 37,800 block hours.
