BCD's 2019 Travel Price ForecastBy Dawit HabtemariamHotel rates will increase between 1 and 3 percent in 2019, according to BCD Travel's 2019 Industry Forecast, thanks to demand outpacing supply in most... KEEP READING
U.S. Hotel Demand Breaks Record in AugustBy Julie SickelThe U.S. hotel industry posted year-over-year growth in both average daily rate and occupancy in August, according to STR. ADR rose 2.3 percent to... KEEP READING
U.S. Hotel Capital Expenditures Expected To Reach $7.05B in 2018By Julie SickelThe U.S. lodging industry is expected to increase its spending on capital expenditures to a record $7.05 billion in 2018, besting the 2017 record of... KEEP READING
Amaral Leverages Virtual Cards to Reduce Risk & Save Tax DollarsBy Elizabeth West"It started in 2014 when we were looking at a way to relieve the pain that many departments were feeling around reconciliation of the hotel direct bill... KEEP READING
BridgeStreet Adds Accommodation OptionsBy Julie SickelBridgeStreet has added inventory categories to the online travel agency-like platform for corporate housing and extended-stay accommodations it launched... KEEP READING
Furnished Quarters Names New EVP of SalesBy Dawit HabtemariamFurnished apartments provider Furnished Quarters has named Victoria Yanakos EVP of sales. She will report to CEO Steve Brown and be responsible for... KEEP READING
Business Travel by the NumbersNorth American hotel outlook for June 2018 to May 2019; year-over-year changes in average daily rate and occupancy across the globe in March, April and... KEEP READING
Airbnb for Work Marks Homes Suitable for MeetingsBy Amanda MetcalfAirbnb for Work hosts now can categorize homes as suitable for events. "Sterile conference rooms aren't motivating and don’t foster creativity. People... KEEP READING
RLH Corp. Names New VP of Global SalesBy Dawit HabtemariamRLH Corp. has hired Kaaren Hamilton as VP of global sales. She will lead the sales organization and work with revenue management, marketing and... KEEP READING
Yapta Arms Traveler Managers with Point-of-Sale Data & AnalyticsBy Amanda MetcalfYapta is putting in the hands of travel buyers the point-of-sale data and rate-tracking data on which it has long based its reshopping prowess. It now... KEEP READING
The Value of TransparencyHRS signed more than three times as much business in the first seven months of 2018 as it did in the entirety of 2017. The hotel solutions... KEEP READING
Extended Stay America Rolls Out Business Travel ProgramBy Julie SickelExtended Stay America has launched a suite of business travel products and services for corporate travel managers called Works. The program offers three... KEEP READING
Hilton Appoints EVP & President of AmericasBy Dawit HabtemariamHilton has appointed Danny Hughes as EVP and president of the Americas, effective Sept. 4. He will focus on enhancing the managed portfolio and will... KEEP READING
U.S. Hotels Report Decline in Occupancy in JulyBy Julie SickelThe U.S. hotel industry during the month of July recorded a year-over-year dip in occupancy for the first time in 12 months, according to STR. Occupancy... KEEP READING
Homelike Raises $14 MillionBy Dawit HabtemariamHomelike raised $14 million in a recent funding round led by Spark Capital. The B2B booking platform for furnished and serviced apartments will use the... KEEP READING
More Hotel News