Lodging

Starwood Expects Rate Hikes To Power 2011 GrowthBy Michael B. Baker

The 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. Baker

Most 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. Baker

Increasing 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 Cohen

InterContinental 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. Baker

InterContinental 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. Baker

Starwood 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. Baker

Nashville'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. Baker

The 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 Rates

U.S. hotel industry growth will soon shift from occupancy-driven to rate-driven, according to a forecast issued this month by PricewaterhouseCoopers'... KEEP READING

Group Business Triggers 'Sluggish' October U.S. Hotel Rate GrowthBy Michael B. Baker

U.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. Baker

October 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. Baker

A 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. Baker

U.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 Darson

Travel 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. Baker

InterContinental Hotels Group on Tuesday reported that revenues increased 5 percent year over year to $421 million during the third quarter, with the... KEEP READING

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