Note From the EditorWhat's in a name? Shakespeare pondered the question and so, it would seem, did the Priceline Group. The online travel company announced Wednesday morning it has changed its name to Booking Holdings Inc. to better reflect its most powerful brand, Booking.com. Not much is expected to change operationally, though the CEO said he hopes the new name will bring more attention to the now-elevated Booking.com presence in the United States.
For its part, AccorHotels wants to keep adding new names to its portfolio. The Paris-based hotel company has bought or invested in more than a dozen companies in the last two years, and executives said they plan to increase the number of acquisitions they make this year. Just call them the big spenders. — Hannah Sampson, News Editor |
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