Lodging

Acquisition of Two Roads Buffered Tough Q4 for HyattBy Jeremy Silk Smith

Hyatt's net income soared to $769 million in 2018, despite a 79.2 percent year-over-year decline in fourth-quarter net income to $44 million and a mere... KEEP READING

IHG Acquires Luxury BrandBy Jeremy Silk Smith

InterContinental Hotels Group has acquired luxury hotel brand Six Senses for $300 million in cash. IHG will acquire all Six Senses' operating companies... KEEP READING

Hilton Predicts 2019 Growth Ahead of Industry TrendsBy Jeremy Silk Smith

Hilton Worldwide reported low-single-digit growth in average daily rate and room revenue for the fourth quarter of 2018, along with double-digit growth... KEEP READING

Wyndham to Refresh Midscale & Economy BrandsBy Jeremy Silk Smith

The May acquisition of La Quinta continues to bolster Wyndham Hotels & Resorts. The hotel company's revenue grew from $312 million in the... KEEP READING

CWT-Serko Reseller Agreement Expands to U.S. & Canada & Adds RoomItBy Adam Perrotta

Carlson Wagonlit Travel has extended its reseller agreement with Serko, expanding availability of Serko's award-winning Zeno T&E platform to CWT clients... KEEP READING

Great Hotels of the World Plans to Expand into U.S.By Jeremy Silk Smith

Great Hotels of the World wants to expand its footprint into the U.S. The European hotel marketing and distribution consortium plans to add six... KEEP READING

HRS Announces Two Hires Amid European Office ExpansionBy Jeremy Silk Smith

In January, hotel solutions provider HRS opened an office in Amsterdam and expanded its Paris branch to meet a spike in clients in the region. "Our... KEEP READING

Choice Hotels Adds 42 PropertiesBy Jeremy Silk Smith

Choice Hotels International is set to expand its footprint across the U.S. with two development agreements. The hotel company has partnered with Checo... KEEP READING

Shangri-La Hotels Will Distribute on CtripBy Amanda Metcalf

As luxury hotelier Shangri-La Group expands from Asia, it will distribute its content on Chinese travel conglomerate Ctrip, which, according to... KEEP READING

STR & Tourism Economics Downgrade 2019 U.S. Hotel Industry ForecastBy Dawit Habtemariam

Heading into 2019, group and corporate travel stays will be a consistent source of demand growth for hotel rooms in the U.S., according to STR VP Vail... KEEP READING

Long-Term Stay Provider BridgeStreet Adds 60,000 Units

Business travel extended-stay specialist BridgeStreet Global Hospitality is growing its inventory with more than 60,000 of what the company is calling... KEEP READING

Marriott Hit by Shutdown & D.C. Hotel Biz CratersBy Elizabeth West

Marriott CEO Arne Sorenson told Bloomberg Television today that the U.S. government shutdown is wreaking havoc on business in the Maryland-based... KEEP READING

U.S. Hotel Demand Growth Outpaced Supply Growth in 2018By Dawit Habtemariam

Demand for U.S. hotel room nights grew 2.5 percent year over year in 2018, compared with 2 percent growth in supply, according to STR. In raw numbers,... KEEP READING

Marriott Christens Consolidated Loyalty BrandBy Adam Perrotta

Marriott International will roll out Marriott Bonvoy next month to replace Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest. The... KEEP READING

RoomIt Pilot Accesses Independent-Hotel ContentBy Dawit Habtemariam

RoomIt, Carlson Wagonlit Travel's hotel distribution division, has partnered with SiteMinder, which helps hotels reach customers, including by pushing... KEEP READING

More Hotel News