hotels

Ikea and Marriott Team Up on Cheap European Hotels

Last year Ikea announced its intention to open a chain of economy hotels in western Europe; now comes news that the Swedish furniture merchant will be assisted in this venture, called Moxy, by Marriott International.

Are You a Budget-Savvy Traveler, or Just a Cheapskate?

Nowhere is the old adage "A penny saved is a penny earned" more true than when on the road. But some travelers take it too far. But according to your fellow fliers and hotel guests, there are worse travel offenses.

Saving Money at Summer Music Festivals: Tips from the Experts

Music festival season is here again, promising sun, fun and amazing musical combinations. But even with discounts, the costs can quickly add up. So we polled insiders and experts for their best tips on enjoying the music without emptying your wallet.

New Travel Agent Partnership Gives Expedia an Edge

By the end of 2012, one-third of the world's travel sales will be booked online. But the majority of bookings still happen through the traditional brick-and-mortar travel agents, which is why Expedia's new Travel Agent Affiliate Program is a smart growth move for the OTA.

Why Google's Flight Search Will Hurt Expedia

The travel-related search market became more competitive recently when Google added flight schedules to its search results. This could have a significant impact on online travel agencies, but a look at the details of how the service works shows why it will hit Expedia much harder than rival Priceline.

Donald Trump's Legacy: Kids Who Aim to Think Big

Eric Trump started getting a taste of the family business at young age, tagging along with his real estate and hotel tycoon father, Donald Trump. That early immersion set the stage for Eric's involvement with the Trump Organization as an adult, and his desire to follow in his father's footsteps.

Priceline Has Room to Rise With Jetstar Airways Deal

Priceline recently announced a partnership with Asian low-cost carrier Jetstar Airways: Now, Priceline will provide bookings at thousands of Asian hotel properties on Jetstar's website. The potential gains from the deal should move the needle on Priceline's stock.

Expedia's AirAsia Partnership Is Just the Ticket

Expedia, the world's largest online travel agency, soon will be selling flights, hotel bookings and holiday packages in the world's fastest growing aviation and tourism market, thanks to an exclusive deal with AirAsia. Trefis takes a look at what the deal will mean for both companies.

How to Save Money at Summer Music Festivals

Summer music festivals offer a fun way to hear the country's best bands, but between tickets, travel, food and accommodations, they aren't cheap. So we asked directors and promoters of some of the summer's top events for their favorite penny-pinching tips for festival-goers.

How Could Changes at Priceline Sway Its Stock?

What if Priceline made changes to its "Name Your Own Price" service? Or what if it suddenly loses market share in hotel bookings, or starts offering its service on airline Web sites? Here,an interactive chart lets you see exactly what would happen. Go ahead, try it!

Abu Dhabi Hotel Debuts $11 Million Christmas Tree

An Abu Dhabi hotel unveiled a jewel-encrusted Christmas tree worth more than $11 million today. It is the "most expensive Christmas tree ever," said Hans Olbertz, general manager of Emirates Palace hotel, according to Agence-France Presse.

Investors Are Resting Well With Starwood

Amid some recent profit-taking, Starwood's more bullish adherents say the stock has firepower to spare as the company continues to demonstrate solid leadership. It's one of the world's largest hotel companies and is well-positioned in the hot Chinese and Indian markets.

Marriott Outlines Growth Goals for Next Three Years

Marriott International (MAR) said that earnings per share could hit $2.75 by 2013. The estimate is part of a range of ambitious growth forecasts for the next three years. The company said that it expects to add as many as 90,000 hotel rooms to its portfolio from 2011 to 2013, with additional opportunities for 22,000 rooms to open in Europe and Asia over the same time period.