Lodging

Pan Pacific Taps Former Starwood Exec To Head SalesBy Michael B. Baker

Pan Pacific Hotels Group this week appointed a new leader of the company's global sales teams across locations in Europe, Asia, Australia and North... KEEP READING

U.S. Hotels Making Fewer Capital ImprovementsBy Michael B. Baker

The U.S. lodging industry this year will spend less on renovations and amenities than it did in 2009, and industry capital expenditure levels are nearly... KEEP READING

Smith Travel Raises Summer U.S. Hotel Rate ForecastBy Michael B. Baker

Average daily rate for U.S. hotels this summer will rise slightly compared with last, according to an updated summer forecast released by Smith Travel... KEEP READING

Carlson, Rezidor Sell Luxury Regent Hotel Brand To Taiwanese FirmBy Michael B. Baker

Carlson and the Rezidor Hotel Group this week completed the sale of the luxury Regent hotel brand to Formosa International Hotels Corp.... KEEP READING

Pan Pacific Pursues U.S. Gateway PresenceBy Michael B. Baker

Pan Pacific Hotels Group is targeting key U.S. gateway cities for development following its appointment of a new vice president of development for the... KEEP READING

Travelport Secures Long-Term Access To Marriott Hotel InventoryBy Michael B. Baker

Travelport's five-year agreement to provide full content for Marriott International's 3,400 properties across the Galileo and Worldspan global... KEEP READING

One-on-One With K Hotels CEO Michael Palmer: Connecting Corporate Buyers, Independent HotelsBy Michael B. Baker

Michael Palmer, CEO of Los Angeles-based K Hotels, recently spoke with senior associate editor Michael B. Baker about the independent hotel collection's... KEEP READING

Forecast Shows Manhattan Hotel Rates To RiseBy Michael B. Baker

Manhattan hotel rates will increase slightly this year and by much greater levels in the subsequent years, but it will still take several years for... KEEP READING

Analysts Revise Hotel Forecast From RevPAR Loss To GainBy Michael B. Baker

Smith Travel Research this week issued an updated U.S. hotel industry forecast projecting stronger occupancy, rate and revenue performance this year.... KEEP READING

Hotel CEOs See Strong Group Business ReboundBy Michael B. Baker

Hotel chief executives speaking today at New York University's International Hospitality Industry Investment Conference said group business is... KEEP READING

Tryp Buy To Broaden Wyndham's European, S. American PresenceBy Michael B. Baker

Wyndham Hotel Group is acquiring the Tryp hotel brand, a midprice brand with 91 properties across Europe and South America, from Sol Melia Hotels &... KEEP READING

Hotel CEOs See Rougher Rate Talks AheadBy Michael B. Baker

Buoyed by an improving demand outlook, hotels will take a hard line in asking for corporate rate increases in upcoming negotiations, according to a... KEEP READING

Most Gulf Hotels See Oil Spill Halting MeetingsBy Michael B. Baker

A majority of hotels on the Gulf of Mexico coast now are reporting meeting cancellations as a result of the BP oil spill, according to data released... KEEP READING

JAL To Sell Lodging Portfolio To Hotel OkuraBy Michael B. Baker

Japan Airlines Corp. is finalizing negotiations to sell its hotel portfolio to Tokyo-based Hotel Okura Co., news sources reported today.... KEEP READING

PKF, In Reversal, Sees Rise In 2010 RevPARBy Michael B. Baker

PKF Hospitality Research today issued a forecast reversing its earlier prediction of a decline in U.S. revenue per available hotel room this year,... KEEP READING

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