Lodging

Hyatt Revises Its 2019 Guidance on RevPAR, Room Growth & Net IncomeBy Donna M. Airoldi

Hyatt Hotels Corp. reported a 10.6 percent year-over-year increase in net income for the second quarter, to $86 million. "Strong transient demand drove... KEEP READING

Wyndham Will Open 500 Hotels in China in Next Three YearsBy Donna M. Airoldi

Wyndham Hotels & Resorts aims to open 500 hotels in China over the next three years. The company's Asia/Pacific region already includes more than... KEEP READING

What Makes for a Great Hotel Program? It's in the DataBy Tripbam CEO Steve Reynolds

As the hotel technology provider to hundreds of large, medium and small corporations, we get a unique perspective into what makes for a good hotel... KEEP READING

Accor RevPAR Growth Improved in Q2By Donna M. Airoldi

Accor's second-quarter and first-half 2019 earnings show the company is on track with its guidance for the year. Companywide revenue per available room... KEEP READING

Air & Hotel Rate Outlook for 2020, Region by RegionBy Dawit Habtemariam

Global hotel rates will rise modestly in 2020 compared with previous years, by 1.3 percent, according to CWT's 2020 Global Travel Forecast, as supply... KEEP READING

Hickory Global Partners Adds Serviced Apartment OfferingsBy Donna M. Airoldi

Clients of travel agency consortium Hickory Global Partners now have access to 1 million units from The Apartment Service, which offers serviced... KEEP READING

How Hotel Rates Will Change in 2020 & WhyBy Amanda Metcalf

The American Express Global Business Travel Hotel Monitor 2020 forecasts hotel rate changes, based on local currencies, from 2019 to 2020 for select... KEEP READING

Mathias Saleborn Joins BridgeStreetBy Donna M. Airoldi

Mathias Saleborn has joined extended-stay and corporate housing provider BridgeStreet as managing director of EMEA and Asia/Pacific, where he will... KEEP READING

CitizenM Will Release Stress-Reduction Tracks Targeted at Business TravelersBy Dawit Habtemariam

In September, affordable luxury hotel group CitizenM will roll out stress-reduction musical tracks for business travelers in all its hotels that have... KEEP READING

Lyft Moves Up Three Among Most-Expensed BrandsBy Adam Perrotta

While Uber remained atop Certify's ranking of the most-expensed brands during the second quarter of 2019, ridehailing competitor Lyft gained significant... KEEP READING

Wyndham Follows Hilton in Downgrading 2019 RevPAR GuidanceBy Donna M. Airoldi

Only a few days into the second-quarter earnings season for hotels, both companies that have released performance metrics have downgraded their 2019... KEEP READING

Quality of Sleep a Key Signifier of Hotel Guest Satisfaction in 2019 J.D. Power SurveyBy Donna M. Airoldi

As travel managers aim to improve the experience of their travelers' trips, they will want to keep in mind that the better the night's sleep a traveler... KEEP READING

Hilton Downgrades RevPAR Guidance for 2019By Donna M. Airoldi

Hilton's systemwide revenue per available room grew 1.4 percent year over year in the second quarter on a currency neutral basis. The increase was... KEEP READING

Roomex Names New CEOBy Dawit Habtemariam

On Sept. 2, Garry Moroney will become CEO of hotel management platform Roomex, a self-service platform for companies to manage workforce travel. It... KEEP READING

Airbnb Provides Search Shortcut for Business TravelersBy Dawit Habtemariam

Business travelers now can filter their Airbnb searches to view just work-friendly listings. Previously, business travelers visited the Airbnb for Work... KEEP READING

More Hotel News