Lodging

Radisson Hotel Group Creates COO Americas PositionBy Donna M. Airoldi

Radisson Hotel Group promoted Aly El-Bassuni to the newly created role of chief operating officer in the Americas. El-Bassuni previously served as SVP... KEEP READING

Hyatt RevPAR Flat for Q3By Donna M. Airoldi

Following a similar move by Wyndham Hotels & Resorts earlier this week, Hyatt Hotels Corp. revised its 2019 revenue per available room guidance down... KEEP READING

Systemwide Q3 Wyndham RevPAR Down, Rooms Growth UpBy Donna M. Airoldi

Wyndham Hotels & Resorts reported a 3 percent decline in systemwide revenue per available room for the third quarter, year over year. Both U.S. and... KEEP READING

Furnished Rental Company 2nd Address Expands to MiamiBy Donna M. Airoldi

Furnished apartment marketplace for business travelers 2nd Address has expanded into Miami with a partnership with Hosteeva, a rental property provider... KEEP READING

Kempinski Creates Chief Quality Officer PositionBy Donna M. Airoldi

A few weeks after announcing a global footprint expansion, Kempinski Hotels has promoted Benedikt Jaschke from VP of operational strategy and quality... KEEP READING

Furnished Apartment Company Blueground Raises $50 MillionBy Donna M. Airoldi

The short-term serviced-apartment segment continues to show strength. Blueground this week announced it has received $50 million in Series B funding,... KEEP READING

Hilton Q3 RevPAR Falls Short of ExpectationsBy Donna M. Airoldi

Hilton systemwide comparable revenue per available room grew 0.4 percent year over year in the third quarter, lower than the anticipated 1 to 2 percent... KEEP READING

Avis Germany Partners with Serviced-Apartments ProviderBy Donna M. Airoldi

Rental car company Avis Germany and Frankfurt-based Acomodeo, which offers serviced apartments that are booked online, have partnered to offer exclusive... KEEP READING

InterContinental Hotels Group Reports Negative Q3 ResultsBy Donna M. Airoldi

InterContinental Hotels Group revenue per available room declined 0.8 percent year over year in the third quarter in constant U.S. dollars. Average... KEEP READING

U.S. Hotel Industry's Growth Streak Faltered in SeptemberBy Donna M. Airoldi

September occupancy for U.S. hotels declined 0.9 percent year over year to 67.4 percent, according to STR, while revenue per available room dropped 0.3... KEEP READING

Accor Reports Positive Q3 Revenue & RevPARBy Donna M. Airoldi

Accor's group revenue rose 4.1 percent on a like-for-like basis year over year in the third quarter to 1.05 billion euros. Consolidated revenue per... KEEP READING

Accor Co-Working Brand Wojo Will Expand Beyond FranceBy Donna M. Airoldi

While WeWork faces stumbling blocks, Accor is doubling down on its partnership in co-working brand Wojo, which will expand beyond France by opening a... KEEP READING

Generator Purchases Freehand Hotels for $400 MillionBy Donna M. Airoldi

London-based Generator, a hospitality company that launched in 2011 with design-centric hostels, has purchased the New York-based Freehand Hotels and... KEEP READING

Strategic Partners Win Out as Hotel Buyers Gain PowerBy Donna M. Airoldi

The hotel industry is in a holding pattern. The headwinds it faces are uncertainty in the marketplace, talk of the current economic expansion ending,... KEEP READING

Fairmont Is Buyers' New Top Pick in LuxuryBy Donna M. Airoldi

Competition was tight for the luxury category once again. After several years at No. 1, Marriott International's Ritz-Carlton brand fell to the second... KEEP READING

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