STR Global: Average June Daily Hotel Rates Increase WorldwideBy Michael B. BakerAverage daily hotel rates, measured in U.S. dollars, in June increased year over year in all four major global regions, though occupancy declined in... KEEP READING
Event Pricing Creates Long-Term Problems For Buyers And HotelsBy Kevin MaguireKevin Maguire, former director of travel for intercollegiate athletics at the University of Texas at Austin, for the past few years has spoken out on... KEEP READING
Hyatt Hotels Corp. selected Chuck Floyd to become global president of operations, a new position overseeing all three of Hyatt's regional presidents, effective Aug. 1.Hyatt Hotels Corp. selected Chuck Floyd to become global president of operations, a new position overseeing all three of Hyatt's regional presidents,... KEEP READING
The average daily rate at U.S. hotels in June increased 4.3 percent year over year to $116.20,The average daily rate at U.S. hotels in June increased 4.3 percent year over year to $116.20, according to STR. Occupancy increased 2.9 percent to 71.7... KEEP READING
A Demanding Task: U.S. Group Rebound Adds To Hotel Negotiating DifficultiesBy Michael B. BakerAs many buyers prepare their annual submissions of hotel requests for proposals, many are bracing for a challenging negotiating season, with industry... KEEP READING
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