Lodging

Hilton Reports Soft Transient Demand Growth in Q4By Julie Sickel

Hilton Worldwide reported solid earnings during the fourth quarter, despite a softening in corporate transient demand. "Overall performance came in... KEEP READING

Hilton Cans Cancellation Fee After PilotBy Julie Sickel

Hilton Worldwide has decided against enacting a $50 cancellation fee at its hotels, for now.... KEEP READING

Extended Stay America Is Overhauling More Than Its HotelsBy Julie Sickel

Extended Stay America wrapped up 2015 and its fourth quarter with strong growth in both revenue and average daily rate and entered... KEEP READING

IHG Sees Rate, Occupancy Growth in Q4 & 2015By Julie Sickel

InterContinental Hotels Group reported year-over-year increases in both occupancy and average daily rate for the full year and fourth quarter of 2015.... KEEP READING

AccorHotels Buys into Home-Rental Platforms, Reports Strong 2015 RevenueBy Julie Sickel

AccorHotels continued on its path to transform its business, announcing that it has bought into two home-rental platforms, Oasis Collections and... KEEP READING

STR: YOY U.S. Occupancy Dipped in January for Third Time in Six YearsBy Julie Sickel

The average daily rate at U.S. hotels increased 2.8 percent year over year in January to $116.61, according to STR. Occupancy dipped 0.3 percent to 54... KEEP READING

La Quinta Makes Cline’s CEO Role PermanentBy Julie Sickel

La Quinta Holdings has named Keith Cline as president and CEO, effective immediately. Cline, who previously served as the company's CFO, has been acting... KEEP READING

Hyatt, Starwood & Choice Are Optimistic About Corporate in 2016By Julie Sickel

In the recent round of fourth-quarter earnings reports, Hyatt Hotels Corp., Starwood Hotels and Resorts and Choice Hotels International each... KEEP READING

2016 Hotel Contract Negotiations: Tougher Dealings, Softer RatesBy Julie Sickel

The negotiating season for 2016 corporate hotel rates proved to be even more challenging than in previous years, but efforts paid... KEEP READING

Marriott Sees Strong Corporate Growth & Sets Date for Starwood VoteBy Julie Sickel

Marriott International reported a strong uptick in corporate-customer room sales during the fourth quarter, and CEO Arne Sorenson... KEEP READING

Mövenpick CEO ResignsBy Julie Sickel

Mövenpick Hotels & Resorts CEO Jean-Gabriel Pérès will step down after 17 years in the position. He intends to stay on until a successor is named, which... KEEP READING

Concur Launches TripLink in France & GermanyBy Jay Boehmer

Expanding on TripLink's availability in Australia, Canada, the United Kingdom and the United States, Concur has launched the... KEEP READING

STR Analysis: Airbnb Not to Blame for Manhattan's ADR DoldrumsBy Julie Sickel

Airbnb does not cannibalize hotel demand in New York City. At least that's one of the major findings of an analysis conducted by STR about the... KEEP READING

Carlson Rezidor Sees Strong Growth in 2015By Julie Sickel

Carlson Rezidor Hotel Group reported a strong increase in its hotel signings for the third consecutive year, adding 120 hotels totaling almost 20,000... KEEP READING

Wyndham ADR Drops & Revenue Rises In Q4 & Full YearBy Julie Sickel

Wyndham Worldwide reported that average daily rate at its hotel properties decreased 1.2 percent year over year to $66.46 during the fourth quarter.... KEEP READING

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