Roomlinx, the IPTV company, signed a five-year contract with DISH, which benefits Hyatt Hotels, and more items in our roundup of the stories that are making news and driving opinion on 28 August.
With lots of talk in recent months about a bonanza of new domain name extensions being made available to anyone, perhaps more than one company would’ve bid for .FLY this week.
Hospitality resevation and distribution specialist Trust International is two weeks away from connecting to Room Key, the online hotel venture started by a number of hotel chains in January
After a 27-year absence, global hotel company Hyatt is expected to go public late this week with an initial public offering priced between $23 and $26 per share.
With the market’s unsteadiness, interested parties which likewise may be considering public offerings, including Kayak, Amadeus, Travelport and Sabre, as well as the entire lodging and travel industry, will be watching how Hyatt fares as it takes the IPO plunge.
But, Hyatt is expected to receive none of the roughly $900 million in proceeds from its projected sale of 38 million Shares of Class A common stock in the IPO.