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1. AccorHotels Completes Acquisition of John Paul
AccorHotels has finalized the acquisition of John Paul, a leader in the concierge market. John Paul founder David Amsellem will retain a 20% stake in the company and continue to serve as its Chief Executive Officer. This acquisition values the company at US$150 million, i.e. a 2017e EV/EBITDA multiple of c.11x.
2. AccorHotels Unveils Plans to Acquire John Paul
AccorHotels has unveiled plans to acquire John Paul, a leading player in premium customer and employee loyalty services. Accorhotels expects to acquire about 80% of John Paul, the remaining stake being kept by David Amsellem, the founder of the company, who will remain as CEO.
3. Pope John Paul II stresses role of Sport and Tourism for Peace and Harmonious Coexistence
Pope John Paul II stresses role of Sport and Tourism for Peace and Harmonious Coexistence.
4. Four Marriott Brands in US to Offer Paul Mitchell Products
John Paul Mitchell Systems has partnered four Marriott International brands: Courtyard by Marriott, SpringHill Suites by Marriott, Residence Inn by Marriott and TownePlace Suites by Marriott. Guests checking in at nearly 2,000 Marriott hotels throughout North America will be able to wash and refresh with unisex Paul Mitchell salon classics.
5. World celebrates 'World Tourism Day 2002' - Latest Travel News - September 2002
World celebrates 'World Tourism Day 2002'. Latest Travel News from ASIA Travel Tips.com - updated daily, and available free through email. September 2002.
6. Travelport Expands European Partnership with Expedia
Expedia has extended its use of Travelport’s Travel Commerce Platform in multiple European countries. As part of the agreement, Expedia and its brands, including its corporate arm, Egencia, will continue to use Travelport’s Universal Application Programming Interface (Universal API) to access hotel and car content and to power new services that will give their customers a greater l
7. Qatar Airways Increases Stake in IAG
Qatar Airways has increased its shareholding in International Airlines Group (IAG) from 15.67% to 20.01%. The Doha-based airline has also reiterated that it may consider increasing its stake even further. Non-EU shareholders of IAG, which includes Qatar Airways, are subject to an overall cap on non-EU ownership as a result of the requirement for EU airlines to be majority owned by
8. LG V20 to be World’s First Smartphone to Launch with Android 7.0 Nougat
The LG V20, LG's next flagship smartphone, will be the first device to feature Android 7.0 Nougat out of the box. The LG V20 is expected to begin shipping in September 2016. The LG V20 will take advantage of many of the best features of Nougat, including Vulkan-supported graphics for more immersive gaming while also delivering better battery performance with Doze. Consumers will al

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