Emburse Data Shows Increasing Costs, Opportunities for Negotiating in 2025By Michael B. BakerBusiness travel costs are rising, but increasing opportunities for discounts, particularly in airfares and hotels, are emerging for 2025, according to... KEEP READING
STR Cuts U.S. Lodging Forecast for This Year and NextBy Chris DavisSTR and Tourism Economics have downgraded their U.S. hotel forecasts for 2024 and 2025, citing persistent inflation and uncertainty from an incoming... KEEP READING
Hilton to Launch Spark in IndiaBy Chris DavisHilton Worldwide plans to launch 150 Spark properties in India, introducing the brand to the Asia-Pacific region through a deal with Embassy Group. The... KEEP READING
Hotel Industry Hails Overtime Ruling, DHS H-2B Visa HikeBy Chris DavisThe U.S. Department of Homeland Security will issue 65,000 additional H-2B visas for the 2025 fiscal year, and a U.S. court invalidated a rule expanding... KEEP READING
Marriott to Lay Off Hundreds of Corporate PositionsBy Chris DavisMarriott International by early January will lay off 833 employees from its Bethesda, Md., headquarters, the company confirmed Monday to BTN. ... KEEP READING
Amadeus-Cendyn: Q3 U.S. Negotiated Hotel Volume Slips, Mtgs. UpBy Chris DavisU.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 DavisCBRE 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 DavisIHG 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 DavisApartment-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 DavisThird-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
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