Checking In: Moscow Leads Euro Hotel PipelineBy Michael B. BakerIn terms of hotel development in Europe, Russia is king, according to the June 2009 Smith Travel Research Global Construction Pipeline Report.... KEEP READING
One-On-One with President and CEO Wayne Goldberg: La Quinta Pushes Global GrowthLa Quinta Inns & Suites president and CEO Wayne Goldberg recently sat down with BTN hotel editor Michael B. Baker to discuss the midprice hotel... KEEP READING
Q2 Data Show Falling Hotel RatesBy Michael B. BakerMultibrand hotel companies are reporting significant year-over-year drops in rates and revenue for the second quarter of 2009, as industry analysts... KEEP READING
Starwood Reports Steep Rate Drops And Quarterly EarningsStarwood Hotels & Resorts Worldwide today reported annual average rate drops of nearly 20 percent and revenue per available room drops of nearly 30... KEEP READING
Marriott Reports Q2 Double-Digit Revenue, High-End Hotel Rate DropsMarriott International today reported more than a 20 percent decline in revenue per available room and double-digit percentage rate drops for its... KEEP READING
Smith Travel Lowers Forecast For U.S. Hotel Room RatesSmith Travel Research today significantly lowered its expectations for U.S. hotel industry room rates and revenues, and the firm said moderate declines... KEEP READING
Marriott, Starwood Hotels To Install Telepresence TechMarriott International and Starwood Hotels & Resorts Worldwide today announced separate plans to introduce Cisco's telepresence remote conferencing... KEEP READING
Sabre Offers Rate Auditing ServicesSabre Travel Network today announced the launch of a new rate auditing service for travel management companies and corporate travel buyers.... KEEP READING
Extended Stay Tiers Push Growth As Corp. Demand DropsBy Michael B. BakerExtended stay hotel companies, facing occupancy and rate declines less steep than those seen in the overall hotel industry, continue to pursue... KEEP READING
Hotel CEOs: Softness Holds, Rebound LaterBy Michael B. BakerChief executives from such major multibrand hotel companies as Accor, Choice and Starwood this month said corporate hotel rates recently negotiated... KEEP READING
More Hotel Vets Join Dolce, Accelerating Its DevelopmentDolce Hotels and Resorts last month continued its evolution from a pure conference center chain with the hirings of former Wyndham Hotels executive... KEEP READING
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