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Hilton pays $1.4bn for Diamond Resorts purchase
Reading Time: 3 minutesUS: Timeshare point-based reservations and exchange system, Hilton Grand Vacations [HGV], has announced that it is buying Las Vegas timeshare operator Diamond Resorts International in a stock deal with an equity value of approximately $1.4 billion. As a result, Hilton Grand Vacations shareholders will own approximately 72 per cent of the combined company, while Apollo and other […]
Guesty: Vaccine effectiveness raises consumer travel confidence
Reading Time: 3 minutesWorldwide: The latest data from property management software platform Guesty has highlighted how Covid-19 vaccine effectiveness news is resulting in consumer travel confidence and a boost in short-term rental bookings around the world. It comes just as the first Covid vaccines are starting to be delivered to hospitals across the UK, as the country prepares […]