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U.S. Hotels Making Fewer Capital Improvements06/23/2010The U.S. lodging industry this year will spend less on renovations and amenities than it did in 2009, and industry capital expenditure levels are nearly half of where they were in 2008, according to analysis released this week by NYU Tisch Center divisional dean Bjorn Hanson.
U.S. hotels in 2011 will collect record revenue from fees and surcharges09/20/2011
Inside Track: Google Eyes Airfare Search With $700 Million ITA Buy08/05/2010Google is shelling out $700 million to acquire Cambridge, Mass.-based flight information software company ITA Software to develop new online airfare search capabilities.
2010 Business Travel Survey: Buyers Drove Rate Cuts In Worst Year Ever For Hotels07/06/2010Directions and projections for the hotel industry varied wildly throughout the last year, but hoteliers and analysts could agree on at least one point: 2009 ranks as the worst year the industry has seen in its history.
Hotel Rate Talks To Toughen08/13/2010Buyers are facing their toughest hotel negotiating environment in several years, as hoteliers say they're planning to push for rate increases amid rising demand and declining supply growth. Analysts, however, said many buyers would be able to stave off significant increases, particularly if they ...
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