Lodging

Amex GBT: 2023 Hotel Prices to Rise Again but Pace to SlowBy Angelique Platas

Hotel rates worldwide will increase again in 2023 thanks to pent-up demand for in-person meetings, but at a rate lower than 2022 due to the economic... KEEP READING

Cambria Hotels Expands New England Footprint with Four-Part OpeningBy Angelique Platas

Cambria Hotels, part of Choice Hotels International, opened Cambria Hotel New Haven University Area, expanding the lodging franchisor’s New England... KEEP READING

Greeley Koch Joins The Apartment Network Ahead of Expansion PushBy Elizabeth West

The longtime consultant and former executive director of the Association of Corporate Travel Executives, will serve as a strategic advisor and director... KEEP READING

STR: August U.S. Hotel Occupancy Dips, Rates ModerateBy Angelique Platas

Average U.S. hotel industry occupancy in August 2022 dropped from the previous month, while average daily rate and revenue per available room displayed... KEEP READING

Oyo Hotels Plans Second Try at IPO in IndiaBy Angelique Platas

India-based Oyo Hotels plans to revive its initial public offering attempt, according to an addendum to its Draft Red Herring Prospectus, originally... KEEP READING

J.D. Power: High Rates Press Hotel Mgmt. Cos. to Deliver Better Onsite ExperienceBy Elizabeth West

J.D. Power assessed hotel management companies operating 14,000 rooms or more in North America and found traveler expectations have risen along with... KEEP READING

U.S. Ext.-Stay Demand Falls for First Time in Two YearsBy Angelique Platas

For the first time in two years, year-over-year demand for U.S. extended-stay hotels has declined, according to a new report. ... KEEP READING

Hilton Sets First Tempo Opening for Times SquareBy Angelique Platas

The Tempo by Hilton Times Square, a 661-room hotel that will be the first of Hilton’s newest brand, is expected to open in 2023, Hilton announced... KEEP READING

Frymire Joins Sonder's Board of DirectorsBy Angelique Platas

Former CEO of travel management company CWT Michelle Frymire joined short-term accommodation provider Sonder Holdings' board of directors,... KEEP READING

CBRE Again Raises U.S. Hotel Rate, RevPAR ForecastBy Angelique Platas

CBRE Hotels Research this week again increased its projection for 2022 U.S. hotel performance expectations, another in streak of forecasts from the firm... KEEP READING

Wyndham Expands Reach with $44M Vienna House AcquisitionBy Angelique Platas

Wyndham Hotels & Resorts has acquired the Vienna House brand in a $44 million deal with the HR Group, a European hotel operator and longstanding... KEEP READING

IHG Data Breach Affects Some Website BookingsBy Angelique Platas

Parts of InterContinental Hotels Group's technology systems were breached on Monday, the hotel company announced.... KEEP READING

Sonder Doubles Down on GDS Strategy with Dedicated Chain CodeBy Angelique Platas

Sonder Holdings has launched a dedicated chain code, SS, in the Amadeus and Sabre distribution platforms, the short-term accommodation provider... KEEP READING

STR: July U.S. Hotel Rates Set Another RecordBy Chris Davis

U.S. hotels in July set a monthly record for average daily rate and revenue per available room, according to hospitality research firm STR, but the slow... KEEP READING

HRS Widens Focus Beyond Hotel Solutions

This month's announcement that HRS had agreed to acquire expense management platform Paypense was another signal that the hotel solutions provider is... KEEP READING

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