Lodging

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

Speedy Group Recovery Boosts Hyatt's Q1By Chris Davis

Citing the return of group business at a pace that "was significantly ahead of our expectations," Hyatt hotels Corp. on Tuesday reported first-quarter... KEEP READING

IHG Reclaims Pricing Power, Led by U.S. MarketBy Terri Hardin

InterContinental Hotels Group during its first-quarter earnings call Friday pointed to strong leisure trends and a brightening business travel... KEEP READING

Radisson Plans European Expansion of Lifestyle Brand PrizeotelBy Terri Hardin

Radisson Hotel Group plans to bring its Prizeotel lifestyle brand to more European destinations, including the United Kingdom, the company announced... KEEP READING

Corp. Travel Rebound Boosts SVC Q1 RevPARBy Terri Hardin

Revenue per available room for real estate investment trust Services Properties Trust's hotels in March recovered to 25.7 percent below 2019 levels,... KEEP READING

Group Booking Platform Vindow Names Pynn CEOBy Terri Hardin

Group accommodation booking platform Vindow Inc. has named travel tech veteran Victor Pynn as CEO, the company announced Wednesday. ... KEEP READING

Marriott: Large Cos. Lag SMEs Amid Q1 Corp. Travel RecoveryBy Terri Hardin

Marriott International’s first-quarter U.S. business transient demand gained momentum, with March recovery having a notable uptick, the company reported... KEEP READING

U.S. Q1 Hotel Pipeline Steady as Demand GrowsBy Terri Hardin

The total number of U.S. hotel construction projects in the development pipeline at the end of the first quarter was 2 percent higher than one year... KEEP READING

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