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CMS Hospitality acquisition announcement

As of November 30 2018, CMS Hospitality has been acquired by a Montreal-based company, Valsoft Corporation Inc. CMS will continue to provide its customers with fantastic service and innovative products, now backed by Valsoft’s expertise in the acquisition and operation of vertical market software.

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Opening of the first Schulz Hotel

Schulz Hotels, member of the WYSE Travel Confederation, recently celebrated the grand opening of its first hotel. Located right next to a preserved piece of the original infamous Berlin Wall in Germany’s capital, Schulz Hotel Berlin Wall welcomes guests from all over the world.

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STR hostel snapshot

WYSE teams up with STR to provide members with insights into city performance data on hostel occupancy and bed rates. In the first monthly report of its kind for WYSE Travel Confederation, STR’s data on London hostels show that despite average daily rates being down, occupancy remains steady.

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