STR: Sept. Hotel Rates Rise, Occupancy Slips YOYBy Angelique PlatasU.S. hotels' average revenue and daily rates rose in September year over year, but occupancy fell, according to STR; however, all metrics increased... KEEP READING
IHG: Q3 Corp. Transient Revenue Exceeds '19By Chris DavisBusiness transient revenue at IHG Hotels & Resorts worldwide increased 6 percent year over year and was 3 percent higher than the third quarter of 2019,... KEEP READING
One Global Taps Above & Beyond as Hotel Program ProviderBy Michael B. BakerTravel management joint venture One Global has named hotel distribution provider Above & Beyond as its "exclusive hotel program provider," One Global... KEEP READING
Choice Bids $7.8B for WyndhamBy Angelique PlatasChoice Hotels International has proposed to acquire Wyndham Hotels & Resorts for $90 a share in a cash and stock offer of $7.8 billion, the hotel... KEEP READING
Hilton Opens First Spark-Branded PropertyBy Angelique PlatasHilton Worldwide has opened its first property under the flag of its "premium economy" brand Spark, the company announced Tuesday. ... KEEP READING
Hilton Tailors Two Programs for SME Business TravelBy Angelique PlatasHilton plans to launch two programs, Hilton for Business and Small Meetings and Events Packages, which are aimed at small and medium-sized businesses.... KEEP READING
Hospitality Cos., EcoVadis Launch Sustainability AllianceBy Angelique PlatasCorporate sustainability management company EcoVadis launched the Hospitality Alliance for Responsible Procurement, or HARP, with founding members... KEEP READING
IHG 'Evolves' Brand, Changing Traveler DemoBy Angelique PlatasInterContinental Hotels & Resorts announced on Monday a brand evolution that re-positions the 470-plus property portfolio as a lifestyle brand.... KEEP READING
Amex GBT Projects Higher 2024 Hotel Rates, OccupancyBy Angelique PlatasGlobal hotel rates will increase in 2024 amid continued inflation and variable supply and demand scenarios, impacting both transient travel and major... KEEP READING
Hilton: Blended Business Travel Leads 2024 TrendsBy Angelique PlatasGen Z and Millennial business travelers are leading the way in booking blended travel, according to Hilton Worldwide's 2024 Trends Report, released... KEEP READING
Marriott Names Bang Latam Sales HeadBy Angelique PlatasMarriott International has appointed longtime executive Louise Bang chief sales and marketing officer in the Caribbean and Latin America region.... KEEP READING
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