Lodging

NYU's Hanson: 2012 Negotiated Corp. Hotel Rates To RiseBy Michael B. Baker

Negotiated corporate hotel rates for 2012 should increase between 5 percent and 6 percent year over year, New York University Tisch Center for... KEEP READING

Interview: Hard Rock Hotels' Greg Naylor

Hard Rock Hotels Casinos & consolidated its sales efforts by creating a director of sales position to handle group and corporate transient business... KEEP READING

Hotels' Solid Q2 Foretells Tough Rate NegotiationsBy Michael B. Baker

Strong second-quarter hotel company earnings strengthened the notion that buyers should brace for negotiated rate increases in 2012. Top executives from... KEEP READING

Second-quarter average daily rates across Hyatt Hotels Corp. properties worldwide increased 4.6 percent year over year, the company reported.

The average second-quarter daily rate across all Choice Hotels International properties increased by 2 percent year over year

Survey: Most Buyers Expect Higher 2012 Hotel Rates, VolumesBy Michael B. Baker

Most buyers expect hotel rates to increase in 2012, and few expect their hotel volume to drop next year, according to an AirPlus International June-July... KEEP READING

Interview: Starwood's Shane Hodges

Starwood Hotels & Resorts Worldwide this month appointed Shane Hodges as managing director of global corporate sales, overseeing a team that handles the... KEEP READING

June Hotel Rates, Occupancy Rise WorldwideBy Michael B. Baker

Average daily hotel rates for June increased year over year across all major global regions, except for the Middle East and Africa, according to STR... KEEP READING

Average June U.S. Hotel Rates, Occupancy ClimbBy Michael B. Baker

The average U.S. hotel rate in June increased year over year by 3.5 percent, and rates were up in each of the top 25 markets in the country, according... KEEP READING

Hotel Satisfaction Slips In J.D. Power SurveyBy Michael B. Baker

Overall hotel guest satisfaction decreased slightly year over year, although satisfaction related to cost and fees increased, according to the J.D.... KEEP READING

Hyatt To Expand Extended Stay Presence Through LodgeWorks AcquisitionBy Michael B. Baker

Hyatt Hotels Corp. has agreed to purchase an $802 million portfolio of 24 hotels from hotel management company LodgeWorks, a buy that will significantly... KEEP READING

Marriott Projects Corporate Rate Growth, Sees Group ReboundBy Michael B. Baker

Marriott International projects "healthy rate growth" in corporate transient accounts when negotiations begin later this summer, said president and COO... KEEP READING

Interview: RevPAR Guru's Jean Francois Mourier And Bruno Perez

Despite concerted efforts by some hotel companies to push dynamic pricing models on corporate clients, only a minority of buyers have agreed to such... KEEP READING

CWT Debuts Non-GDS Hotel Booking PlatformBy Michael B. Baker

Carlson Wagonlit Travel launched a central reservation platform designed to ease booking at independent hotels not available through global distribution... KEEP READING

May Hotel Rates Continue Worldwide ClimbBy Michael B. Baker

The average U.S. daily hotel rate in May increased by 4 percent year over year, and occupancy climbed 4.6 percent to 61.5 percent, STR reported. STR... KEEP READING

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