Lodging

PwC: U.S. Corp., Group to Help Offset 'Softening' LeisureBy Angelique Platas

Business 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 Platas

Corporate 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 Platas

On 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 Platas

Texas 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 Platas

InterContinental 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 Platas

U.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 Platas

Female 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 Platas

Short-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 Platas

Choice 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

IHG's Maalouf to Succeed Barr as CEOBy Angelique Platas

IHG Hotels & Resorts CEO Keith Barr will step down effective June 30 and will be succeeded by IHG Americas region CEO Elie Maalouf, Barr announced... KEEP READING

Hyatt: Large Cos. Lead Q1 Corp. Demand ReboundBy Angelique Platas

Business transient revenue showed the strongest relative recovery in the first quarter among Hyatt Hotels Corp. segments, president and CEO Mark... KEEP READING

Radisson Joins HRS' Green Stay InitiativeBy Angelique Platas

The Radisson Hotel Group has agreed to join corporate lodging platform HRS' Green Stay Initiative, HRS announced Wednesday.... KEEP READING

U.S. Hotel Q1 Pipeline Growth Continues, Marriott LeadsBy Angelique Platas

The total number of projects in the U.S. hotel development pipeline at the end of the first quarter was up 9 percent year over year to 5,545, according... KEEP READING

Marriott: Q1 Corp. Travel Steady, Rates RiseBy Angelique Platas

Marriott International’s first-quarter business remained steady, while the company's revenue per available room gained and demand increased,... KEEP READING

Navan Rewards to Offer Leisure Credits for Hotel SavingsBy Michael B. Baker

Navan has launched a revamped rewards program in which travelers earn money toward leisure travel when booking hotels that bring cost savings to their... KEEP READING

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