February Hotel Rates, Occupancy Rise WorldwideBy Michael B. BakerU.S. hotel occupancy in February was 55.7 percent, up 5.2 percent compared with February 2010, and the average daily rate increased 2.5 percent year... KEEP READING
CEO Cosslett To Depart InterContinental Hotels GroupBy Michael B. BakerInterContinental Hotels Group CEO Andrew Cosslett will leave his position at the end of June and will be replaced by IHG CFO and head of commercial... KEEP READING
PKF Raises U.S. Lodging ForecastBy Michael B. BakerPKF Hospitality Research upped its projections for U.S. lodging industry performance this year, forecasting a 7.1 percent increase in revenue per... KEEP READING
InterContinental Tops Three of Five TiersBy Michael B. BakerOccupancy Improved, as Did Satisfaction with Upper-Upscale, Upscale & Select-Service Brands... KEEP READING
Hyatt, Marriott: Corporate Rates RisingBy Michael B. BakerBoth Marriott International and Hyatt Hotels Corp. are reporting corporate rate increases in the high single digits as they wrap up negotiations for... KEEP READING
Radisson Drops Free Internet For All But Loyalty Members, Blames Distribution System LimitationsBy Michael B. BakerCarlson is changing its approach to rate-inclusive Internet access as it rolls out a new loyalty program next month.... KEEP READING
Starwood Expects Rate Hikes To Power 2011 GrowthBy Michael B. BakerThe U.S. hotel industry appears to be "on the verge of a multiyear surge in rates," Starwood Hotels & Resorts CEO Frits van Paasschen today said as the... KEEP READING
STR Metrics Show Growing Global Hotel Strength In 2010By Michael B. BakerMost global regions ended 2010 with higher average daily hotel rates and revenues than in 2009, with the Asia-Pacific region closest to pre-recession... KEEP READING
PwC Forecasts 2011 Hotel Rate Spike After Flat 2010By Michael B. BakerIncreasing occupancy amid a supply growth slowdown will boost U.S. hotel rates by 5.1 percent in 2011, according to a forecast issued by... KEEP READING
IHG Adds Hotelzon To Intermediary RosterBy Amon CohenInterContinental Hotels Group now has 15 to 20 "direct-connect solutions" with third-party intermediaries after striking a deal this week with hotel... KEEP READING
IHG Claims Growing Use Of Dynamic PricingBy Michael B. BakerInterContinental Hotels Group expects almost a quarter of its corporate clients to use "some form of dynamic pricing" after completing 2011 rate... KEEP READING
Starwood Plans Sales 'Cluster' ExpansionBy Michael B. BakerStarwood Hotels & Resorts Worldwide plans to have "metro market sales clusters" in place across at least 10 markets in North America by the end of next... KEEP READING
Six Months And $170M Later, Mended Opryland ReturnsBy Michael B. BakerNashville's Gaylord Opryland hotel, the largest property in the United States outside of Las Vegas, reopened Nov. 15 following extensive renovations... KEEP READING
GDSs Upgrade Tech, Systems To Improve Hotel DistributionBy Michael B. BakerThe three major global distribution system operators are increasing investment in their hotel offerings, planning to improve processes through enhanced... KEEP READING
On The Horizon: PwC Sees U.S. Hotel Supply Squeeze Driving Up RatesU.S. hotel industry growth will soon shift from occupancy-driven to rate-driven, according to a forecast issued this month by PricewaterhouseCoopers'... KEEP READING
More Hotel News