Transient Hotel Rate Drop Undermining Group RatesBy Michael B. Baker & Seth HarrisThe premium between transient and group hotel rates is shrinking or, in certain markets, vanishing completely, according to industry analysts, which... KEEP READING
Hilton Seeks To Launch New Luxury BrandHilton Hotels Corp. today announced it is negotiating to develop a new luxury brand in several gateway cities around the globe. The brand, Denizen... KEEP READING
Sorenson To Be Marriott's PresidentMarriott International today announced a new president and chief operating officer along with the shuffling of some of its other top executive... KEEP READING
Report Forecasts European Hotel Growth Grinding To A HaltHotel chain development in Europe will stagnate this year, with several major hoteliers on the continent already scaling back expansion plans,... KEEP READING
STR: U.S. Hotel Rates Fall As Occupancy PlummetsU.S. lodging industry occupancy and revenue per available room dropped by double-digit percentage levels in January compared with the previous year,... KEEP READING
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