Lodging

Amadeus-Cendyn: Q3 U.S. Negotiated Hotel Volume Slips, Mtgs. UpBy Chris Davis

U.S. room nights booked under corporate negotiated rates declined slightly year over year in the third quarter, while hotel bookings through global... KEEP READING

CBRE Cuts 2024 Hotel Forecast But Sees Rebound AheadBy Chris Davis

CBRE Hotels Research on Thursday for the third time this year lowered its projected year-over-year increases for full-year 2024 U.S. average daily rate,... KEEP READING

IHG's Garner Opens in GermanyBy Chris Davis

IHG Hotels & Resorts this month has opened three hotels in Germany under its new midprice conversion brand Garner through a previously announced... KEEP READING

Sonder CFO to Depart as Earnings Filings Updated, Investment SecuredBy Chris Davis

Apartment-style accommodations provider Sonder Holdings has updated several of the delinquent quarterly earnings reports that threatened its Nasdaq... KEEP READING

Report: Q3 U.S. Ext.-Stay Rates Rise as Occupancy SlipsBy Chris Davis

Third-quarter average daily rate and revenue per available room at U.S. extended-stay hotels each increased year over year, but occupancy declined and... KEEP READING

Choice: Q3 Upscale Corp. Travel Demand Mix IncreasesBy Chris Davis

Choice Hotels International's extension into the upscale tier helped increase the share of business travel in its overall demand mix and its higher-end... KEEP READING

Marriott Targets 'Mid-Single-Digit' 2025 Corp. Rate HikesBy Chris Davis

After a third quarter in which systemwide business transient revenue per available room increased 2 percent year over year, Marriott International is... KEEP READING

Hyatt: Q3 Corp. Travel Revenue JumpsBy Chris Davis

Hyatt Hotels Corp.'s third-quarter systemwide business travel revenue increased 16 percent year over year, representing the highest such growth of any... KEEP READING

AHLA Names Former Foundation Head Maietta CEOBy Chris Davis

The American Hotel & Lodging Association has named Rosanna Maietta, the former CEO of the AHLA Foundation, as its president and CEO, effective Nov. 14,... KEEP READING

Choice to Lower Reward Redemption ThresholdBy Chris Davis

Choice Hotels International in 2025 will lower the amount of points in its Choice Privileges loyalty program required to book a reward room, the company... KEEP READING

Robust Q3 U.S. Hotel Pipeline Reaches New HeightsBy Chris Davis

The pipeline of U.S. hotel development in the third quarter set another new record for planned projects, according to a new report from Lodging... KEEP READING

Wyndham Partners to Launch Ext.-Stay Residences in U.S.By Chris Davis

Wyndham Hotels & Resorts will bring its extended-stay Wyndham Residence brand to the United States through a new partnership with residential... KEEP READING

Accor Projects 2025 Corp. Rate Hikes Similar To This Year'sBy Chris Davis

Accor Group preliminarily projects 2025 negotiated corporate rates to increase by "mid-single digits" year over year, CFO Martine Gerow said Thursday... KEEP READING

Wyndham Claims Q3 Infrastructure Demand LiftBy Chris Davis

Wyndham Hotels & Resorts reported a slight decline in third-quarter RevPAR but highlighted increased demand from blue-collar business travelers and... KEEP READING

Hilton: Corp. Transient Demand Should Grow Through 2025By Chris Davis

Hilton's third-quarter results show a modest increase in key metrics, with a 1.4 percent year-over-year rise in RevPAR, and predict similar growth... KEEP READING

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