Lodging

Hilton Worldwide is selling the Waldorf Astoria New York for $1.95 billion to Beijing-based Anbang Insurance Group Co., the company announced this week.... KEEP READING

Marriott International and subsidiary Marriott Hotel Services will pay $600,000 to settle a U.S. Federal Communications Commission dispute alleging the... KEEP READING

Toronto - With hotel supply growth at a near standstill, several Canadian markets will be especially challenging for corporate travel buyers this year... KEEP READING

Most travel buyers who have adopted dynamic-pricing agreements in their hotel programs are satisfied with the results, according to a Global Business... KEEP READING

Corporate housing supplier Furnished Quarters reported that revenue from June through August increased 30 percent since the same period in 2012. That... KEEP READING

Carlson Wagonlit Travel is piloting hotel-booking capability through its CWT To Go mobile app and plans to make it available to all users by year-end,... KEEP READING

Systemwide revenue at Best Western International during the first eight months of 2014 increased 5.8 percent year over year, the company announced... KEEP READING

Extended Stay America named Mark Mahoney as the chain's executive vice president of sales, the hotel company announced Wednesday. Mahoney, a former... KEEP READING

U.S. hotels this year will spend a record $6 billion in capital expenditures to improve guest amenities and services, a 7 percent increase compared with... KEEP READING

Average daily hotel rates increased year over year across most global regions in August, although ADR was down significantly in the Middle East and... KEEP READING

The average daily rate at U.S. hotels in August increased 5.4 percent year over year to $118.49, the highest monthly percentage increase since January... KEEP READING

Committed hotel occupancy in North America from September 2014 through August 2015 is up 4.4 percent year over year, and the average daily rate on those... KEEP READING

Hilton Worldwide plans to grow its portfolio in Latin America 60 percent within the next two years, adding about 40 hotels to its current portfolio of... KEEP READING

Dolce Hotels and Resorts this month gained a significant boost to its portfolio as it took over management of the Midwest's largest conference hotel in... KEEP READING

The average corporate negotiated hotel rate in the United States will increase between 5.5 percent and 6.5 percent, according to analysis released this... KEEP READING