May 23, 2012 - 02:05 PM ET
April hotel rates and
occupancies increased year over year in the Americas and Asia/Pacific regions,
but results elsewhere were mixed, according to STR Global.
May 22, 2012 - 11:50 AM ET
Accor signed an
agreement to sell the Motel 6 and Studio 6 brands to a Blackstone Real Estate
Partners affiliate for $1.9 billion.
May 10, 2012 - 03:25 PM ET
It's
fashionable to say business travelers increasingly are going rogue, but that's
neither new nor true in absolute. While some commentary and certain data of
late have supported the going-rogue theme, others have not. Dozens of recent
interviews...
May 04, 2012 - 12:15 PM ET
Preferred
hotel blackout dates—those periods when negotiated rates are not available for
booking—are on the rise, according to some travel buyers, citing blackouts as
long as weeks or even a month. Increased travel demand and higher levels of
sophistication...
May 03, 2012 - 03:00 PM ET
Rare
are the times when hoteliers are frustrated by too much demand, but a tsunami
of electronic meeting requests for proposals, many including dozens of
properties and triggered by the rise of a few third-party RFP applications, has
left properties...
May 01, 2012 - 02:35 PM ET
Four Points by Sheraton, Residence Inn and Disney
Parks and Resorts are the most environmentally efficient upscale hotel brands,
according to a new study by sustainability technology company Brighter Planet.
April 30, 2012 - 03:45 PM ET
Total worldwide hotel bookings through global
distribution systems in March fell 7.5 percent lower from 2011 levels, although
the average daily rates paid with those bookings increased 4.5 percent,
according to Pegasus Solutions.
April 26, 2012 - 10:50 AM ET
Luxury chain Fairmont
Hotels & Resorts late last year appointed as president Jennifer Fox, who
previously had served as InterContinental Hotels Group's COO of managed
operations in Europe. Fox recently spoke with Business Travel News lodging editor...
April 24, 2012 - 02:05 PM ET
March hotel rates increased in each major global
region in March, according to STR Global.
April 19, 2012 - 01:35 PM ET
Marriott International boosted its revenue outlook for the
year, based largely on improving corporate transient and group demand that it
projects will continue throughout the year.
April 19, 2012 - 12:05 PM ET
Lanyon
recently received a patent on its process for auditing hotel rates and
availability, approved without restrictions by the U.S. Patent and Trademark
Office. Lanyon chief commercial officer Mike Boult this month spoke with BTN's
Michael B. Baker...
April 16, 2012 - 04:50 PM ET
Marriott International said it would sell to corporate housing provider
Oakwood Worldwide its ExecuStay housing business, which has more than 700
locations across the United States.
April 13, 2012 - 01:25 PM ET
Luxury hotelier Jumeirah Group has more than doubled its portfolio since
the beginning of 2011 and expects to become a significantly bigger player among
corporate travel buyers as a result.
April 05, 2012 - 03:50 PM ET
Although preliminary data from TravelClick shows that global
distribution systems in January lost share of North American hotel bookings from
2011 levels, TravelClick executives said the figures do not indicate a decline
in business travel, as its...
March 30, 2012 - 01:20 PM ET
With the recent opening of the Corinthia Hotel London, the brand's ninth
property, chairman Alfred Pisani said the brand, which began as a single
property in Malta, is nearing a point of "critical mass," when it
could begin a more rapid expansion with...