Group Business Triggers 'Sluggish' October U.S. Hotel Rate GrowthBy Michael B. BakerU.S. hotel rates continued to inch upward in October, a pattern that should continue for the rest of the year, according to Smith Travel Research data.... KEEP READING
October Hotel Rates In GDSs RiseBy Michael B. BakerOctober average daily hotel rates booked through global distribution systems increased 6.5 percent worldwide year over year, and bookings increased by... KEEP READING
New Hospitality Firm Targets U.S., India DevelopmentBy Michael B. BakerA U.S. hotel developer and Indian lodging company are partnering to launch new full-service and select-service hotel brands in the United States and... KEEP READING
PwC Sees Supply Squeeze Driving Up 2011 U.S. Hotel RatesBy Michael B. BakerU.S. hotel industry growth will soon shift from occupancy-driven to rate-driven, according to a forecast issued on Monday by PricewaterhouseCoopers'... KEEP READING
Solutions Elusive For Cos.' Hotel Rate WoesBy Lauren DarsonTravel managers long have struggled with hotel rate parity, accessing accurate rates and amenities in corporate booking portals and digesting all the... KEEP READING
IHG Posts Higher Q3 Revenues Amid Rising RatesBy Michael B. BakerInterContinental Hotels Group on Tuesday reported that revenues increased 5 percent year over year to $421 million during the third quarter, with the... KEEP READING
Hotels Bullish After Corporate Demand Boost Fuels Solid Q3By Michael B. BakerThird-quarter earnings by multibrand hotel companies added evidence that a long-awaited recovery in the lodging industry is underway, illustrated by... KEEP READING
Chains Revamp Breakfast OfferingsBy Michael B. BakerBoth Marriott International's Residence Inn and Carlson's Country Inns & Suites in recent weeks have overhauled their free breakfast offerings, in part... KEEP READING
Business Travel Bounce-Back Powers Hotels' Q3 PerformanceBy Michael B. BakerThe lodging industry's encouraging third-quarter performance illustrates that a business travel-driven recovery is underway, underscored by a forecast... KEEP READING
Corporate Travel Rebound Lifts HyattBy Michael B. BakerHyatt Hotels Corp. on Wednesday reported that a rebound in corporate travel boosted its rate, occupancy and revenues globally during the third quarter.... KEEP READING
Accor Ousts CEO Pelisson, Hires McDonald's ExecBy Michael B. BakerMcDonald's Europe chairman and CEO Denis Hennequin next year will assume the chief executive position at European hotel operator Accor, following a... KEEP READING
GDS Hotel Bookings Rise In SeptemberHotel bookings through global distribution systems in September increased by 25.2 percent year over year, and the net average daily rate at for those... KEEP READING
Higher Occupancy, Stabilizing Rates Boost WyndhamWyndham Hotel Group reported an 11 percent increase in third-quarter revenues to $203 million, thanks to higher revenue per available room, franchise... KEEP READING
September Hotel Rates, Occupancy Generally Rise WorldwideBy Michael B. BakerHotel rate and occupancy increased year over year in most major markets around the globe in September, Smith Travel Research Global reported on Tuesday.... KEEP READING
Las Vegas Sands Properties Join IHG NetworkBy Michael B. BakerLas Vegas Sands Corp., owner of the Venetian and Palazzo resorts in Las Vegas, has signed a 10-year licensing agreement with InterContinental Hotels... KEEP READING
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