With tourism stays in Europe up 2.2% to 3.1bn last year, over 4,500 hotels are being built or planned, and competition in urban locations (...)
Paris City Hall is threatening US-based tourist accommodation platform Airbnb with a €12.5m fine for placing 1,000 unregistered homes online in contravention of France's (...)
Airbnb and other similar internet-based lodging platforms pose no real threat to the hotel industry but more to rented housing in the major cities, (...)
Europe's largest hotelier AccorHotels reported a 4.2% rise in first half operating profit to €266m but has dropped plans to buy a stake in (...)
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