March U.S. Hotel Rates, Occupancy RiseBy Michael B. BakerAverage daily U.S. hotel rates increased by 3.8 percent year over year in March, and occupancy increased by 6.1 percent to 61.4 percent, according to... KEEP READING
Marriott Reports Strong Corporate Demand, Higher RatesBy Michael B. BakerMarriott International boosted rates during the first quarter of 2011 amid "very strong" corporate transient demand and "building" group demand.... KEEP READING
Global Hotel Rates RisingBy Amon CohenAverage booked hotel rates in the first quarter of 2011 rose in all but seven of 40 major cities tracked by online hotel booking agency HRS.... KEEP READING
5Q With IHG's Stephen PowellInterContinental Hotels Group in recent years has focused on expanding the use of dynamic pricing in corporate transient programs, including an... KEEP READING
Marriott CFO Details Softer-Than-Expected Q1In advance of reporting first-quarter earnings on April 20, Marriott International lowered its North American revenue per available room expectations to... KEEP READING
IHG, Marriott To Expand In IndiaBy Michael B. BakerInterContinental Hotels Group and Marriott International each plan to bring to India a few dozen of their midprice, business-travel-oriented properties... KEEP READING
Corporate Housing Providers Show Improved 2010 PerformanceBy Michael B. BakerU.S. corporate housing industry occupancy, average rate and total revenues in 2010 increased versus the prior year, according to the Corporate Housing... KEEP READING
2010 Hotel Rates At High-End Properties Showed 'Significant' IncreasesBy Michael B. BakerHotels.com reported "significant increases" for pricing during 2010 at business hotels in key business travel destinations. Five-star hotel rates, for... KEEP READING
Softer-Than-Expected Group Bookings Lower Marriott Q1 ProjectionsBy Michael B. BakerMarriott International has lowered its first-quarter revenue per available room projection for North America, citing group business growth below... KEEP READING
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