Marriott Nears Deal To Double African PresenceBy Michael B. BakerMarriott International is negotiating an agreement to acquire Cape Town, South Africa-based Protea Hotels, a move that would nearly double its current... KEEP READING
IHG Outlines Strategies To Boost Rates, RevenuesBy Michael B. BakerLas Vegas - InterContinental Hotels Group is toughening up some of its brand standards, getting more aggressive with revenue management and in the... KEEP READING
The third-quarter average daily rate at InterContinental Hotels Group properties increased by 1.7 percent year over year,Marriott CEO: Corporate Accounts To Become Smaller Piece Of Revenue PieBy Michael B. BakerMarriott International plans to more aggressively weed out "low-rated" corporate accounts amid high occupancies and improving corporate group demand,... KEEP READING
Hyatt Execs Note Signs Of Group Demand ReboundBy Michael B. BakerHyatt Hotels Corp. executives said sustained strong, transient demand and improving group demand in the Americas would pave the way for corporate rate... KEEP READING