Lodging

Chainwide hotel discounts once were a procurement hot potato. For years, many hotel companies resisted buyer requests for them. They softened that... KEEP READING

Marriott Nears Deal To Double African PresenceBy Michael B. Baker

Marriott 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. Baker

Las 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. Baker

Marriott 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. Baker

Hyatt Hotels Corp. executives said sustained strong, transient demand and improving group demand in the Americas would pave the way for corporate rate... KEEP READING

Extended Stay America plans to offer 28.25 million shares priced between $18 and $21 in its initial public offering,

The average daily rate at Marriott International properties increased by 3.4 percent year over year to $140.53 worldwide during the third quarter,

The average daily rate at Hyatt Hotels Corp. increased by 1.7 percent year over year to $169.89 globally during the third quarter,

AirPlus Survey: Buyers Expect Modest Hotel Rate Increases In 2014By Michael B. Baker

Most North American corporate travel buyers are bracing for negotiated hotel rate increases in 2014, though few expect increases of more than 5 percent,... KEEP READING

Transient business hotel bookings for the fourth quarter are trending 5.8 percent higher than in the fourth quarter of 2012

Crowne Plaza Hotels & Resorts next year will begin offering free Wi-Fi access to all guests,

Pegasus: GDS Hotel Bookings Increase In SeptemberBy Michael B. Baker

Strong demand in September boosted hotel reservations through global distribution system channels by 4.4 percent year over year, according to Pegasus... KEEP READING

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