BTP Expands Leadership TeamBy Angelique PlatasHotel sourcing system BTP Automation has added tech industry veterans Mark Hooper and Jennifer Acreman to its leadership team, effective June 1, the... KEEP READING
Rosewood Appoints Yung CFOBy Angelique PlatasRosewood Hotel Group has named strategic advisor Kevin Yung chief financial officer, effective immediately, the company announced Thursday. ... KEEP READING
Blueground Acquires Nestpick, Launches Partner NetworkBy Angelique PlatasFurnished apartment rental provider Blueground has acquired global monthly housing platform Nestpick and launched a network of apartment... KEEP READING
STR: April U.S. Hotel Occupancy Slips, Rates ModerateBy Angelique PlatasAverage U.S. hotel revenue per available room and daily rates in April 2023 increased modestly year over year, showing signs of moderating while... KEEP READING
Hilton to Launch Lower-Midscale U.S. Ext.-Stay BrandBy Angelique PlatasHilton Worldwide plans to launch next year a new extended-stay brand in the U.S. in the lower midscale sector, the company announced Tuesday. ... KEEP READING
PwC: U.S. Corp., Group to Help Offset 'Softening' LeisureBy Angelique PlatasBusiness travel and group demand is expected to offset softening leisure demand this year and into 2024, with occupancy levels flattening amid... KEEP READING
TripBam Enhances Smart Sourcing Tool for Hotel RFPsBy Angelique PlatasCorporate travel reshopping platform TripBam has updated its Smart Sourcing tool for hotel requests for proposals, the company announced. ... KEEP READING
CBRE Again Lifts 2023 RevPAR ForecastBy Angelique PlatasOn the heels of first-quarter U.S. hotel rate gains, CBRE Hotels Research again has raised its 2023 revenue forecast due to "stronger-than-expected... KEEP READING
Texas Sues Hyatt for Fees, 'Deceptive' PracticesBy Angelique PlatasTexas attorney general Ken Paxton hit Hyatt Hotels Corp. with a lawsuit for violating consumer protection laws under the Texas Deceptive Trade Practices... KEEP READING
IHG Appoints Bulley Americas CEOBy Angelique PlatasInterContinental Hotels Group’s Jolyon Bulley will succeed Elie Maalouf as Americas CEO, effective July 1, the company announced Wednesday. The news... KEEP READING
Q1 U.S. Ext.-Stay Rates Recover as Occupancy Ticks UpBy Angelique PlatasU.S. extended-stay hotels' revenue per available room in the first quarter recovered to pre-pandemic levels, while midscale extended-stay properties... KEEP READING
Report: Hospitality Exec Gender Gap Shrinks but Still LargeBy Angelique PlatasFemale representation in leadership roles in the hospitality industry is slowly but steadily climbing, but there remains ample room to grow, according... KEEP READING
Sonder: Q1 Rates Up, Eyes 'Immense' Weekday RevPAR ChanceBy Angelique PlatasShort-term accommodation provider Sonder Holdings' first-quarter revenue per available room, average daily rate and occupancy each increased year over... KEEP READING
Choice: Radisson, Infrastructure Offering Corp. Travel TailwindBy Angelique PlatasChoice Hotels International's revenue per available room increased in the first quarter of 2023, driven by rate and occupancy gains, president and CEO... KEEP READING
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