CBRE Softens 2025 U.S. Hotel ForecastBy Chris DavisCBRE has revised its 2025 U.S. hotel industry forecast downwards due to a weaker economic outlook, projecting slower growth in occupancy, average daily... KEEP READING
Amadeus-Cendyn: Q1 U.S. Negotiated Hotel Volume UpBy Chris DavisTotal first-quarter U.S. room nights booked under corporate negotiated rates increased slightly year over year, according to a new report by travel... KEEP READING
Report: U.S. Q1 Ext.-Stay Occupancy SlipsBy Chris DavisFirst-quarter U.S. extended-stay occupancy dropped to its lowest Q1 level outside the Covid-19 pandemic since 2010, according to a new report by the... KEEP READING
Choice Capitalizes on 'Resilient' Q1 Corp. TravelBy Chris DavisChoice Hotels International reported a 10 percent increase in Q1 business travel revenue per room year over year, attributed to growth in upscale and... KEEP READING
IHG Sees Corp. Demand Increase in 'Strong' Q1By Lauren ArenaFirst-quarter systemwide room revenue generated by business transient travel at IHG Hotels & Resorts increased 3 percent year over year, according to an... KEEP READING
HRS Launches AI Copilot for Lodging Guidance, ActionBy Michael B. BakerCorporate lodging and meetings platform HRS has launched an AI tool called Copilot to help guide companies with their strategy and decisions around... KEEP READING
HotelHub: 'Striking' Q1 Drop in U.S. BookingsBy Chris DavisFirst-quarter U.S. hotel bookings made using HotelHub technology dropped nearly 7.8 percent year over year, according to the company. The decline, which... KEEP READING
Marriott Holds Corp. Travel Outlook Steady After 'Solid' Q1By Chris DavisAfter a first quarter in which its systemwide business transient revenue per available room increased 2 percent year over year, Marriott International... KEEP READING
Hyatt: 'Softer' Short-Term Corp. Travel as April U.S. Bookings DropBy Chris DavisU.S. business travel bookings at Hyatt Hotels Corp. properties in the past few weeks have "been down in the high single digits versus last year,"... KEEP READING
Wyndham Q1 Steady Despite Infrastructure DentBy Chris DavisSystemwide first-quarter revenue per available room at Wyndham Hotels & Resorts properties held steady year over year after U.S. infrastructure spending... KEEP READING
U.S. Hotel Pipeline Sees Light Q1 GrowthBy Chris DavisThe number of hotel projects under construction in the United States in the first quarter grew slightly year over year, as did the number of hotel... KEEP READING
Sonder Receives Another Nasdaq Delinquency NoticeBy Chris DavisSonder Holdings has received a delinquency notice from Nasdaq for the company's failure to file its 2024 annual report with the SEC, the company... KEEP READING
Hilton: SMEs 'Resilient,' Large Cos. Cautious in Travel DemandBy Chris DavisHilton Worldwide's first-quarter systemwide business transient RevPAR increased 2 percent year over year, executives said Tuesday, driven by steady... KEEP READING
Sabre Agrees to $1.1B Sale of Hospitality Solutions to TPGBy Chris DavisSabre Corp. has agreed to sell Sabre Hospitality Solutions, its hotel reservation technology unit, to private equity and investment firm TPG for $1.1... KEEP READING
Marriott Agrees to Acquire CitizenM Brand for $355MBy Chris DavisMarriott International plans to acquire CitizenM for $355 million to expand its select-service hotel offerings, particularly in Europe. The deal is... KEEP READING
More Hotel News