Oyo Hotels has completed an all-cash acquisition of Motel 6 from G6 Hospitality, instantly adding over 1,400 properties to its U.S. portfolio. This bold move is set to benefit U.S. travelers seeking budget-friendly accommodations and shakes up the dynamics of affordable lodging nationwide.
May 24, 2025Spain is proposing a 21% VAT on short-term rentals, doubling the current hotel tax rate, to address housing shortages. This move could impact a significant portion of the country's tourism sector, leading to debates among stakeholders.
May 23, 2025