STR: January Rates, Occupancy Rise SharplyBy Chris DavisIn January, U.S. hotel metrics increased year over year with RevPAR up 4.5 percent, ADR up 3.4 percent, and occupancy up 1 percent, influenced by events... KEEP READING
Survey: Hotel Staffing Shortages Easing But PersistentBy Chris DavisA survey by AHLA indicates that hotel staffing shortages are easing but still persist, with nearly two-thirds of hoteliers reporting shortages and 9... KEEP READING
CBRE Projects U.S. Hotel Rate, Occupancy Hike on Corp. StrengthBy Chris DavisCBRE Hotels Research predicts steady growth for the U.S. hotel market in 2025, led by urban areas, with increases in occupancy, ADR, and RevPAR. Growth... KEEP READING
IHG: 2024 Demand Up But Corp. Nights SlipBy Chris DavisFourth-quarter IHG Hotels & Resorts systemwide RevPAR increased year over year but full-year business travel room nights declined slightly from... KEEP READING
Hyatt: 'Balanced' Corp. Travel Demand Hike in Q4By Chris DavisFourth-quarter systemwide Hyatt Hotels Corp. business travel revenue increased 10 percent year over year, executives said on a Thursday earnings call,... KEEP READING
Construction Demand Lifts Wyndham's Q4By Chris DavisIncreased spending on U.S. infrastructure projects and data center construction is boosting spending at Wyndham Hotels & Resorts properties, executives... KEEP READING
Sonder Updates Filings, Details Marriott DealBy Chris DavisApartment-style accommodations provider Sonder Holdings filed its delayed third-quarter earnings report and noted that Marriott International has agreed... KEEP READING
Marriott: 'Sturdy' Business Transient Set to Grow in 2025By Chris DavisAfter a fourth quarter in which business transient revenue per available room increased 3 percent globally year over year, Marriott International... KEEP READING
Mint House Acquires Apt.-Style Provider LocaleBy Chris DavisMint House has acquired fellow apartment-style accommodation provider Locale, doubling its portfolio and broadening its U.S. presence, the company... KEEP READING
Lott to Head Edwardian Hotels London's N. American SalesBy Chris DavisU.K. boutique hotel operator Edwardian Hotels London named company veteran Declan Lott as its VP of sales for North America, the company announced... KEEP READING
Hyatt: Brand Reorg Designed to Unclutter FocusBy Michael B. BakerHyatt Hotels Corp. has reorganized its broad collection of brands into a grouping of five portfolios that serve what president and CEO Mark Hoplamazian... KEEP READING
Marriott Shuffles Sales Execs, Names Patterson SVPBy Chris DavisMarriott International announced a major sales executive reshuffle, appointing Shannon Patterson as SVP of global sales, Andy Kauffman as chief... KEEP READING
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