Lodging

Pipeline Report Shows Regional Epicenters Of Hotel ConstructionBy Michael B. Baker

Shanghai, Mexico, Brazil, London and the United Arab Emirates each had the largest active hotel development pipeline in their respective regions,... KEEP READING

PKF Revises 2010 Hotel Forecast, Sees Less Severe Rate DeclineBy Michael B. Baker

PKF Hospitality Research today raised its expectations of U.S. hotel demand and rate performance for 2010, based on a better-than-expected performance... KEEP READING

Amex To Provide Ritz-Carlton E-FolioBy Michael B. Baker

American Express today announced an agreement with Ritz-Carlton Hotel Co. to provide electronic folio data for 40 of its properties across North... KEEP READING

Smith Travel Research Sees U.S. Hotel Recovery In 2011By Michael B. Baker

Smith Travel Research this week issued a forecast calling for the U.S. hotel industry's rates, revenue and occupancy to begin a recovery in 2011.... KEEP READING

Starwood To Move Headquarters to ConnecticutBy Hospitality Design

Starwood Hotels & Resorts Worldwide will be moving its headquarters from White Plains, N.Y., to Stamford, Conn., in January 2012, according to the... KEEP READING

Carlson's Joly Plans Hotel Revival, Long-Term DevelopmentBy Michael B. Baker

Carlson CEO Hubert Joly's five-year plan for Carlson Hotels Worldwide, when unveiled early next year, will include a project to revitalize the Radisson... KEEP READING

Marriott To Provide Green Prototypes For Several BrandsBy Michael B. Baker

Marriott International next year will introduce U.S. Green Building Council-certified prototypes for its midprice, select-service and extended stay... KEEP READING

Carlson To Revitalize North American Radisson BrandBy Michael B. Baker

Carlson CEO Hubert Joly today previewed a project to revitalize the Radisson hotel brand in North America that would draw a clearer line between its... KEEP READING

PwC Downgrades 2010 Hotel Forecast Again, Despite Positive SignsBy Michael B. Baker

PricewaterhouseCoopers today continued to move its U.S. lodging industry expectations downward, although the firm said industry performance indicates... KEEP READING

Hyatt Raises Nearly $1 Billion In IPOBy Michael B. Baker

Hyatt Hotels Corp. shares began trading on the New York Stock Exchange today as the company completed a nearly $1 billion initial public offering,... KEEP READING

Buyers Consolidate Hotel PurchasingBy Michael B. Baker

Travel buyers increasingly are strengthening their hotel negotiating positions in an environment where they have less demand and more clout by... KEEP READING

Marriott Weathers RevPAR DropBy Michael B. Baker

Marriott International this month reported revenue per available room dropped more than 20 percent year over year in the third quarter of 2009, although... KEEP READING

Starwood Debuts Extended Stay WBy Michael B. Baker

Starwood Hotels & Resorts Worldwide's W Hotels brand this month introduced an extended stay program at the W Silicon Valley in Newark, Calif.... KEEP READING

Deep Drop In Marriott RevPAR Still Better Than ExpectedBy Michael B. Baker

Marriott International today reported revenue per available room dropped more than 20 percent year over year in the third quarter of 2009, although CEO... KEEP READING

$6 Billion Sheraton Overhaul Nearly FinishedBy Michael B. Baker

Sheraton Hotels & Resorts is nearing completion of a $6 billion global revitalization effort, and the brand claims an uptick in business traveler... KEEP READING

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