Dysfunctional Economy & Currency Propel Cost Confusion in CaracasBy Jay BoehmerAs Venezuela confronts governmental dysfunction, currency distortion, runaway inflation and price declines for oil, its primary export, the average... KEEP READING
As Asia/Pacific Demand Falls Short of Supply, Business Travel Costs DropBy Michael B. BakerAlthough the region is home to some of the priciest cities in the world, corporate travel costs are moderating across much of the Asia/Pacific region.... KEEP READING
As Occupancy Rates Surge, Atlanta Weighs New Hotel SupplyBy Chris DavisBuoyed by one of the sharpest year-over-year hotel occupancy increases among major U.S. markets in 2014 and an influx of large conventions, Atlanta is... KEEP READING
Hilton Worldwide will offer complimentary Wi-Fi to HHonors loyalty program members, regardless of booking channel used,Hilton Worldwide will offer complimentary Wi-Fi to HHonors loyalty program members, regardless of booking channel used, the company announced this week.... KEEP READING
HRG: Growth Of Hotel Rates Paid In Large Cities Overshadows Regional DeclinesBy Julie SickelThe average daily rate paid by Hogg Robinson Group clients in 2014 declined year over year in most global regions, but the growth in some of the largest... KEEP READING
Buyers Face Higher Rates, Tougher Terms At Hotels In 2015By Michael B. BakerAs hotels enjoy a seller's market with seemingly no end in sight, negotiations for 2015 corporate rates proved as difficult as expected for buyers—even... KEEP READING
Starwood Capital Group officially completed its sale of Groupe du Louvre and Louvre Hotels Group,Starwood Capital Group officially completed its sale of Groupe du Louvre and Louvre Hotels Group, an indirect subsidiary of Groupe du Louvre, to... KEEP READING
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