Corporate Housing Supply, Revenue Growth SoarsBy Michael B. BakerCorporate housing suppliers posted a record year in 2006, with a supply growth rate more than 20 times that of hotels, and similar growth is expected to... KEEP READING
BidStork Gears Up For Hotel RFPsBy Michael B. BakerNewly launched RFP online management supplier BidStork is aiming to get more small and midmarket companies involved in a comprehensive RFP process... KEEP READING
Checking In: Starwood Capital To Add Luxury BrandBy Michael B. BakerStarwood Capital Group this month announced it is developing a third luxury hotel brand, Baccarat Hotels and Resorts, which will leverage the brand name... KEEP READING
IHG Promotes Execs To Top International PostsBy Michael B. BakerA pair of familiar faces will preside over international operations for InterContinental Hotels Group, the company announced this month.... KEEP READING
Marriott, Q2 Earnings Strong, Lowers ExpectationsBy Michael B. BakerMarriott International, whose financial performance generally sets the tone for the hotel industry, this month reported strong revenue growth for the... KEEP READING
Pipeline Widens For Upscale, Select-Service Hotel ChainsBy Michael B. BakerSupply growth is rebounding after several years of sluggish development in the hotel industry, particularly in the select-service and upscale tiers,... KEEP READING
Blackstone's Billions To Fuel Hilton GrowthBy Michael B. BakerThe Blackstone Group is set to acquire Hilton Hotels Corp. after the hotel's board of directors last week approved a $26 billion offer from the equity... KEEP READING
GDSs Enhance Hotel Content, Best-Rate GuaranteesBy Michael B. BakerGlobal distribution systems are touting a flurry of recent improvements to their hotel offerings, including higher participation from hoteliers... KEEP READING
InterContinental Fills Global Hotel PipelineStevan Porter, president of the Americas for InterContinental Hotel Group, recently sat down with Business Travel News hotel editor Michael B. Baker to... KEEP READING
Corporate Travel World 2007 Reporter's Notebook--PwC: Hotel Rate Hikes Have PeakedNew York - Hotel rate increases will be hefty after travel buyers' negotiations later this year, but not on the same scale as in 2006,... KEEP READING
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