Lodging

Marriott Escalating Growth In ChinaBy Michael B. Baker

Marriott International today announced plans to double its portfolio in China by 2015, aided by seven newly signed management agreements for properties... KEEP READING

Smith Travel Sees Hotel Rates Dropping Through SummerBy Michael B. Baker

U.S. hotel rates will continue to decrease through the summer while occupancy climbs, according to the Smith Travel Research 2010 summer forecast... KEEP READING

Hyatt Sees Gains In Business, Group DemandBy Michael B. Baker

Hyatt Hotels Corp. today reported an increase in both transient and group demand during the first quarter of 2010 and rate growth at selected hotels,... KEEP READING

Starwood Revenue Up As North American Rates SlideBy Michael B. Baker

Starwood Hotels & Resorts today reported revenue and occupancy across all brands increased year over year during the first quarter of 2010. Average... KEEP READING

Marriott Reports Rise In Business TravelBy Michael B. Baker

Marriott International today reported that a strong uptick in business travel boosted occupancy in the first quarter of this year and it soon expects to... KEEP READING

Best Western To Label Properties By TierBy Michael B. Baker

Best Western International this week announced that its owners have approved a new product descriptor program, under which the chain will subdivide its... KEEP READING

Hotel Occupancy, But Not Rate, Up In Central, South AmericaBy Michael B. Baker

Occupancy is beginning to rebound in key Central and South America cities, though rate largely has yet to follow suit, according to data released today... KEEP READING

Investment Firm Buys Publicly Held LodgianBy Michael B. Baker

Lodgian stockholders on Thursday approved the hotel operator's acquisition by an affiliate of Dallas-based investment firm Lone Star Funds. Lodgian... KEEP READING

Starwood Sells Two New York Ws In Spring CleaningBy Michael B. Baker

Starwood Hotels & Resorts this week sold two of its New York W properties, among the first in the brand's portfolio, to a United Kingdom hotel operator.... KEEP READING

New Lanyon Tool Compares Negotiated, Public Hotel RatesBy Michael B. Baker

Hotel sourcing technology supplier Lanyon this week launched a new service that compares negotiated rates with other rates available from consumer... KEEP READING

Hyatt, Starwood Each Unveil Plans For IndiaBy Michael B. Baker

Hyatt Hotels Corp. and Starwood Hotels & Resorts this week detailed their expansion plans in India, which include adding both upscale and midprice... KEEP READING

STR Revises 2010 Lodging Forecast To Show Occupancy UptickBy Michael B. Baker

Smith Travel Research today updated its 2010 U.S. lodging industry forecast, calling for lesser drops in rate and revenue than it predicted previously... KEEP READING

Starwood To Expand Aloft To New York, India, EuropeBy Michael B. Baker

Starwood Hotels & Resorts today announced that it would open 10 new properties under its select-service Aloft brand this year, including the brand's... KEEP READING

Strategic Travel Symposium: As Rates Decline, Hoteliers Levy New, Higher Fees, Says NYU's HansonBy Michael B. Baker

Despite a forecast for a continued decline in hotel rates in 2010, hoteliers will become more aggressive in collecting fees and surcharges this year,... KEEP READING

Stockholders OK Acquisition Of Interstate HotelsBy Michael B. Baker

Interstate Hotels & Resorts stockholders today approved the company's acquisition by a joint venture of two lodging companies, Thayer Lodging Group and... KEEP READING

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