Profitable Hotel Companies Absorbing Steep Property Tax IncreasesBy David EisenHotel property taxes grew 6.2 percent in 2005, the highest single-year increase since 1987, according to a new PKF Hospitality study, which sampled... KEEP READING
Buyers Fear Steeper Rate Hikes, Though Hotels Pledge RationalityBy David EisenWith the 2007 corporate rate negotiation season not far off, sentiment is mixed as to whether rates will ascend dramatically or be similar to the level... KEEP READING
Hotel Analysts See Demand AheadBy David EisenLow hotel supply coupled with increased business travel demand will continue to yield profits for hotel companies for the next couple of years,... KEEP READING
One-On-One: Ritz-Carlton Exec Sees Tough Going For Buyers, Growth For BrandRitz-Carlton president and COO Simon Cooper last month spoke with Business Travel News editors David Meyer and David Eisen about the deluxe hotel... KEEP READING
Starwood Debuts Upgraded Four Points PrototypeBy David EisenSeeking to capitalize on growing business travel demand for select-service products in a tier long dominated by Hilton and Marriott, Starwood Hotels and... KEEP READING
Tool Recoups Hotel CommissionsBy David EisenWhile collecting hotel commissions long has been a bane of both corporate travel buyers and travel agencies, a new tool devised by ECommissions... KEEP READING
Starwood Closes Le Meridien PurchaseStarwood Hotels & Resorts last week completed its acquisition of Le Meridien, completing a deal initiated this spring to take on the brand's franchising... KEEP READING
Starwood Promotes Hicks To Top Global Sales RoleBy Jay BoehmerStarwood Hotels & Resorts late last month promoted Christie Hicks to senior vice president of worldwide sales, expanding her role and broadening her... KEEP READING
Starwood Plans New Midprice BrandStarwood Hotels & Resorts today announced plans to launch a new midprice brand as another competitor to Marriott International's Courtyard and Hilton... KEEP READING
Starwood Debuts Online Meeting Space Booking ServiceStarwood Hotels & Resorts Worldwide yesterday announced that it has deployed new online meeting space booking capabilities for small, single-day... KEEP READING
Starwood Inks Pact To Acquire Le MeridienStarwood Hotels & Resorts today announced a joint venture to acquire Le Meridien Hotels & Resorts, pending approval by Le Meridien's board of directors.... KEEP READING
Starwood Improves Hotel Room DescriptorsBy Bruce SerlenStarwood Hotels & Resorts Worldwide last week said it is improving the descriptions of its rooms and properties that appear in global distribution... KEEP READING
Starwood Taps Coca-Cola Exec. As CEOStarwood Hotels & Resorts Worldwide today named as CEO Steven Heyer--previous president and COO of Coca-Cola Co.--effective Oct. 1, when Barry... KEEP READING
Starwood Launching New Pricing For Smaller Corps.By Bruce SerlenStarwood Hotels & Resorts Worldwide this month rolled out new pricing for small and midsize companies that may have no managed travel program in place.... KEEP READING
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