Lodging

Amadeus: Global Summer Hotel Rates, Occupancy to Outpace 2019By Michael B. Baker

Global hotel occupancy and average daily rates are outpacing pre-pandemic levels, although booking windows remain short, according to data released on... KEEP READING

Choice to Acquire Radisson Hotel Group AmericasBy Elizabeth West

Choice Hotels International has agreed to buy Radisson Hotel Group Americas for $675 million, the company announced Monday.... KEEP READING

Sonder Restructuring to Include Layoffs, Growth LimitsBy Chris Davis

Short-term accommodation provider Sonder Holdings this week laid off 21 percent of its corporate employees and 7 percent of its front-line staff as part... KEEP READING

IHG Names Sergot SVP Global SalesBy Elizabeth West

Sergot was promoted from his previous role as vice president global sales and enablement at IHG.... KEEP READING

STR: ADR Spike Expected for U.S. Hotels in 2022By Elizabeth West

New STR forecast predicts dramatic rise in average daily rate. Central Business Districts continue to lag in general recovery metrics but improving as... KEEP READING

After Funding, Hotel Platform Katanox Hunts for TMC PartnersBy Michael B. Baker

Fresh off a $5.7 million seed funding round in recent weeks, lodging distribution and fintech startup Katanox is working to build partnerships with... KEEP READING

Hyatt Names ALG's Águila EMEA HeadBy Chris Davis

Hyatt Hotels Corp. has named Apple Leisure Group executive Javier Águila the incoming president of its Europe, Africa and Middle East region, the... KEEP READING

CBRE Again Hikes U.S. Lodging ForecastBy Chris Davis

Thanks to what it called inflationary rate increases, a sunny economic outlook and a slowing pace of new hotel construction, CBRE Hotels Research yet... KEEP READING

PwC Predicts Hotel RevPAR to Exceed Pre-Pandemic Levels This YearBy Bob Curley

Growth in transient business and group travel over 2019 levels by the fourth quarter of 2022 could be anticipated.... KEEP READING

Dorchester Promotes Morris to VP CommercialBy Elizabeth West

The newly created role will focus onbusiness development, long-term value creation and driving brand equity.... KEEP READING

STR: April U.S. Hotel Rates Push HigherBy Chris Davis

April U.S. hotel performance continued its rally from an early 2022 slump, according to hospitality research firm STR, and the average daily rate... KEEP READING

Mint House Adds JetBlue Exec as CPOBy Chris Davis

Apartment-style lodging provider Mint House has added former JetBlue executive Maryssa Miller as chief product officer, the company announced... KEEP READING

Report: Q1 U.S. Ext.-Stay Rates Rise Amid Supply SlowdownBy Chris Davis

Overall first-quarter average daily rates at U.S. extended-stay properties increased substantially year over year and eclipsed 2019 levels, according to... KEEP READING

Sonder: Corp. Travel Play in 'Early Innings' but 'Huge Opportunity'By Elizabeth West

Short-term hospitality provider Sonder called out corporate travel as a "huge opportunity" in its first-quarter earnings call on Wednesday. The company... KEEP READING

Choice: 'Steady Progression' of Q1 Corp. Travel DemandBy Chris Davis

Choice Hotels International on Tuesday reported its first-quarter revenue per available room, average daily rate and average occupancy all exceeded... KEEP READING

More Hotel News