IHG Taps Hyatt's Abrahamson As Americas PresidentInterContinental Hotels & Resorts today named Global Hyatt development executive Jim Abrahamson its president of the Americas region, effective Jan. 5,... KEEP READING
NYU's Hanson Sees Strongest Buyer's Market In 33 Years AheadThe lodging industry is experiencing the strongest buyer's market in 33 years with no recovery on the horizon across demand segments, industry analyst... KEEP READING
PKF Predicts Depth Of Hotel Revenue DropHotels are likely in 2009 to see the fifth-worst decline in revenue per available room in the modern lodging industry's history and are unlikely to see... KEEP READING
Demand Drop Hits Convention Hotels HardBy Michael B. BakerConvention hotels' revenue and rates are faring worse than those of the overall hotel industry, according to recently published data from Smith Travel... KEEP READING
Industry Vet Eric Danziger Returns To Head WyndhamBy Michael B. BakerWyndham Hotel Group has wooed lodging industry veteran Eric Danziger, a leader from the company's formative years, to return as its new chief executive.... KEEP READING
STR: Hotels Rebound In Houston, New Orleans, San FranciscoHouston, New Orleans and San Francisco have posted the strongest year-over-year hotel occupancy and room revenue increases so far this year, while... KEEP READING
Hilton Taps Carlson Exec Rinck As Asia/Pac HeadBy Michael B. BakerHilton Hotels Corp. has appointed a new leader for its Asia/Pacific operations as it aims to quickly multiply its presence across the region. Martin... KEEP READING
Wyndham Names Danziger CEOWyndham Hotel Group is bringing back a former president as its CEO, the company announced today in naming Eric Danziger. Danziger, who has more than 30... KEEP READING
PwC Sees Hotel Room Rates Drop Next YearThe outlook for the U.S. hotel industry continues to dim, as PricewaterhouseCoopers' hospitality and leisure practice is forecasting two consecutive... KEEP READING
Deteriorating Conditions Prompt PKF To Revise Hotel Occupancy, Revenue ForecastLodging research firm PKF Hospitality Research today announced a revised 2009 forecast showing sharp revenue drops and the lowest occupancy level in 20... KEEP READING
Smith Travel Lowers Lodging Revenue, Occupancy ForecastSmith Travel Research today released revised projections for the lodging industry through 2010 in which the firm predicts continued rate growth but... KEEP READING
Corp. Negotiated Hotel Rates To Rise Only Slightly in '09, Says HansonEarly data shows annual 2009 corporate negotiated hotel rate increases should fall in the 1.5 percent to 2 percent range as the power shifts from seller... KEEP READING
Checking In: Slowdown Ahead For Asia/Pac Hotel Development PipelineBy Michael B. BakerThe Asia/Pacific region should see 828 new hotels with 134,673 rooms open this year, with an additional 1,304 hotels with 311,203 rooms to open in the... KEEP READING
Marriott To Export E-Folio Data CapabilitiesBy Michael B. BakerThis month, Marriott International confirmed that it is poised become the first multibrand company to extend its electronic folio data capabilities... KEEP READING
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