Lodging

U.S. Hotels Gained in Occupancy & ADR in JanuaryBy Julie Sickel

The U.S. hotel industry saw positive results in January, fueled by strong occupancy in spite of increasing supply. "The 54.1 percent absolute occupancy... KEEP READING

Rezidor Board Recommends Rejection of HNA's Takeover BidBy Julie Sickel

The Rezidor Hotel Group board has unanimously recommended that Rezidor shareholders reject HNA Sweden Hospitality Management's takeover offer for the... KEEP READING

Hyatt Sees Expansion & Corporate Travel Potential for Miraval BrandBy Julie Sickel

Hyatt Hotels Corp.'s recent purchase of spa brand Miraval Resorts presents an opportunity to attract wellness-minded corporates, CEO Mark... KEEP READING

Choice Hotels Reports Strong Growth in Q4 & Full Year 2016By Julie Sickel

Choice Hotels International reported a 5 percent year-over-year increase in revenue per available room during the fourth quarter of 2016, besting the... KEEP READING

Update: Marriott's Post-Merger Brand & Loyalty PlansBy Julie Sickel

"We're going to keep them all," Marriott CEO Arne Sorenson said of his company's brands, which number 30 now that Marriott's acquisition of Starwood... KEEP READING

Marriott Reports Corporate Uptick in Q4By Julie Sickel

During the fourth quarter, Marriott International reported a 1 percent year-over-year increase in sales to the legacy company's largest 300 corporate... KEEP READING

Tripbam Will Open European HeadquartersBy Julie Sickel

Automated hotel shopping tool Tripbam is establishing a European headquarters in London. While the Texas-based company has already made inroads into... KEEP READING

Oakwood Worldwide Acquired by Mapletree InvestmentsBy Julie Sickel

Singapore-based Mapletree Investments has acquired corporate housing and serviced-apartment solutions provider Oakwood Worldwide. Mapletree—a real... KEEP READING

Airbnb Buys Luxury RetreatsBy Julie Sickel

Airbnb has acquired Montreal-based Luxury Retreats, a vacation rental company that offers more than 4,000 homes across 100 markets globally. The Luxury... KEEP READING

Hilton Reports Corporate Transient Business Pickup in Q4By Julie Sickel

Hilton has maintained its 2017 guidance—1 percent to 3 percent growth in revenue per available room—though an uptick in corporate transient business... KEEP READING

Rezidor CEO: 'We Welcome HNA as Our New Majority Shareholder'By Julie Sickel

Rezidor Hotel Group president and CEO Wolfgang Neumann said the company welcomes HNA Group as its new majority shareholder. The statement came during... KEEP READING

AccorHotels Will Buy Another Vacation Rental ProviderBy Julie Sickel

AccorHotels plans to acquire Travel Keys, an Atlanta-based company that brokers rentals of private vacation homes. Accor expects the transaction to... KEEP READING

Credit Card Breach Reported at 12 IHG PropertiesBy Julie Sickel

InterContinental Hotels Group has discovered malware on point-of-sale systems at 12 of its U.S. hotels, the company confirmed to Reuters. IHG first... KEEP READING

Hilton Rebrands & Introduces New Loyalty PerksBy Julie Sickel

Hilton has dropped the "Worldwide" portion of its official name as part of a rebranding effort that also includes a new logo and renaming its rewards... KEEP READING

Bookings at North American Hotels Will Flatten in Q1 & Soar in Q2By Julie Sickel

The pace of business transient bookings at North American hotels for the second quarter is up 8.6 percent from this same time last year, according... KEEP READING

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