UK-based travel startup Top10.com has closed a Series B funding round worth $8m led by Balderton Capital, with participation from existing investors Accel Partners, Forward Partners and Idealab. Top10.com evaluates millions of hotel data points - including review scores, popularity, location and price - to identify the Top 10 hotels for customers in any destination in the … [Read more...]
Former Akkeron Hotels in administration
Peter Holder, Nick Cropper and Anne O’Keefe, Partners at Advisory and Restructuring specialists Zolfo Cooper, were appointed Joint Administrators over Barinbrook Limited (formerly known as Akkeron Hotels (Admiral) Limited) on 26 February 2014. The hotels will continue to trade as usual while the available options are assessed. Barinbrook Limited operates six leasehold … [Read more...]
Glion Institute launches London Summer Academy
Glion Institute of Higher Education, one of the world’s top three institutes of higher education for an international career in hospitality management, has launched a London Summer Academy for budding industry leaders aged between 16-18 years. Insight into the world of luxury hospitality Designed for those with a passion for hospitality, the two-week holiday course offers … [Read more...]
Hotels.com builds loyalty using ‘simple’ Rewards scheme
Speaking to Marketing Week, Matt Walls, Hotels.com’s EMEA marketing boss, was critical of other loyalty programmes run by big hotel chains, describing them as ‘complicated’ and ‘convoluted’, whilst pointing to the simplicity of their own ‘coffee shop-style’ scheme (illustrated above) which offers customers 1 night free when they have booked 10. They now have 10 million … [Read more...]
Marriott International in Europe: 27,000 new rooms and 5 new brands in 4 years
Since 2010, Marriott International has opened or signed almost 27,000 new rooms and launched five brands in Europe; Autograph Collection, EDITION, AC Hotels by Marriott, Residence Inn by Marriott and Moxy. The number of hotels signed annually in Europe has doubled since 2010 and Marriott worldwide had a record growth year in 2013, signing 67,000 rooms. These positive figures … [Read more...]