Loews Hotels Names Alex Tisch CEOBy Angelique PlatasLoews Hotels & Co. will promote Alex Tisch to president and CEO, effective Jan. 1, 2023, the company announced Monday. ... KEEP READING
STR: September U.S. Hotel Rates Rise AgainBy Angelique PlatasAverage September U.S. hotel daily rates and revenue per available room were up last month from 2019 and from August, while occupancy levels roughly... KEEP READING
Accor: Outside of Asia, Revenue at Pre-Pandemic LevelBy Angelique PlatasAccor in the third quarter posted record revenue per available room levels, which exceeded 2019 levels, the company announced Wednesday. ... KEEP READING
Hilton: Q3 Corp. Transient RevPAR Reaches '19 LevelBy Angelique PlatasHilton Hotels Corp.’s third-quarter business transient revenue per available room exceeded 2019 levels for the first time since the pandemic, the... KEEP READING
Wyndham: Q3 Occupancy Recovery Lags, RevPAR RisesBy Angelique PlatasWyndham Hotels & Resorts in the third quarter broke records for quarterly revenue per available room and pipeline growth, but occupancy lagged in... KEEP READING
El Barkouki Rejoins Dorchester as Global Sales DirectorBy Angelique PlatasLuxury hotel operator Dorchester Collection has appointed Arabella El Barkouki as global director of sales, effective immediately, the company announced... KEEP READING
The Apartment Network to Add Funding from Parent Co.By Angelique PlatasServiced apartment distribution provider The Apartment Network will secure additional funding from its parent company, private equity firm Ansor, as... KEEP READING
IHG: Q3 Americas Corp. Travel Revenue Back to Pre-Covid LevelsBy Angelique PlatasIHG Hotels & Resorts' third-quarter business travel revenue in the Americas region returned to 2019 levels, the company announced Friday in a quarterly... KEEP READING
Marriott Agrees to Acquire Mexican Midscale Brands for $100MBy Angelique PlatasMarriott International signed a $100 million deal with Mexico-based midscale hospitality company Hoteles City Express to acquire its City Express brand... KEEP READING
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