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
The average daily rate at Preferred Hotel Group member hotels during the second quarter increased 4 percent year over year,The average daily rate at Preferred Hotel Group member hotels during the second quarter increased 4 percent year over year, the company announced... KEEP READING
Interview: Langham Hospitality Group CEO Robert WarmanLangham Hospitality Group earlier this year hired as CEO former Ritz-Carlton executive Robert Warman, making him the first American chief executive for... KEEP READING
J.D. Power: North America Hotel Guest Satisfaction Hits All-Time HighBy Michael B. BakerGuest satisfaction with North American hotels, as measured by J.D. Power, reached a historic high this year, the company reported Wednesday.... KEEP READING
Kimpton Hotels & Restaurants redesigned its loyalty program to reward "brand engagement" in addition to guest stays,Kimpton Hotels & Restaurants redesigned its loyalty program to reward "brand engagement" in addition to guest stays, the company announced... KEEP READING
As Meetings Demand Increases, Marriott Adding U.S. Convention HotelsBy Sarah BeauchampWith meetings demand on the rise, so too is the number of convention center hotels being built in the United States, according to real estate investment... KEEP READING
Red Lion Readies New Upscale Hotel Brand, East Coast ExpansionBy Michael B. BakerRed Lion Hotels Corp. plans to launch later this year a new higher-tier brand as part of a plan to aggressively grow its portfolio, particularly outside... KEEP READING
Overall committed occupancy at North American hotels during the next 12 months is up 3.2 percent year over year,Overall committed occupancy at North American hotels during the next 12 months is up 3.2 percent year over year, and the average daily rate on those... KEEP READING
Interview: Richfield Hospitality President Will LoughranDenver-based hotel management company Richfield Hospitality in recent weeks promoted senior vice president of sales and revenue strategy Will Loughran... KEEP READING
STR Global: May Hotel Occupancy, ADR Increase WorldwideBy Michael B. BakerOccupancy levels and the average daily hotel rate in U.S. dollar terms increased year over year across all four global regions in May, according to STR... KEEP READING
Extended Stay America plans to pilot an automated revenue management system, Ideas Revenue Solutions, in the third quarter,Extended Stay America plans to pilot an automated revenue management system, Ideas Revenue Solutions, in the third quarter, the company announced on... KEEP READING
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