Lodging

Hotel chain development in Europe will stagnate this year, with several major hoteliers on the continent already scaling back expansion plans,... KEEP READING

U.S. lodging industry occupancy and revenue per available room dropped by double-digit percentage levels in January compared with the previous year,... KEEP READING

Marriott International today reported a $10 million loss for the fourth quarter of 2008, largely caused by restructuring efforts and a revenue drop... KEEP READING

Pegasus Solutions on Jan. 21 announced an agreement with Hotel Solutions, allowing the integration of their service options to provide a data feed so... KEEP READING

Hilton Hotels Corp. has launched a midprice extended stay brand, Home2 Suites by Hilton, with plans to begin constructing the first property within a... KEEP READING

The U.S. hotel industry is scaling back capital expenditures to their lowest levels in years, although industry analysts said travelers are unlikely to... KEEP READING

The wait-and-see attitude some buyers adopted during hotel negotiations this past season has not severely delayed the 2009 rate-loading process, with... KEEP READING

Starwood Hotels and Resorts is bracing for double-digit percentage drops in revenue per available room this year following an almost 46 percent drop in... KEEP READING

Hilton Hotels Corp. today announced the launch of a midprice extended stay brand, Home2 Suites by Hilton, with plans to begin constructing the first... KEEP READING

India's hotel construction pipeline is holding up better than that of the overall Asia/Pacific region, and two major multibrand hotel companies this... KEEP READING

With negotiations for 2009 hotel rates largely complete, buyers and consultants are reporting success in staving off increases in domestic rates, even... KEEP READING

While extended-stay hotels have taken a hit during the economic downturn, they continued to see demand growth in the closing months of 2008 even as the... KEEP READING

Joe Carino, president of hotel representation firm The Carino Collection, recently spoke with Business Travel News hotel editor Michael B. Baker about... KEEP READING

The global hotel construction pipeline is down 6 percent amid declining demand and an expected upcoming two years of hotel openings at decades-high... KEEP READING

While extended-stay hotels have taken a hit during the economic downturn, they continued to see demand growth in the closing months of 2008 even as the... KEEP READING