Lodging

Survey: Most Corp. Travelers See Culture Cost in VirtualBy Terri Hardin

Nearly two-thirds of U.S. business traveler respondents suggest virtual work conditions have taken a toll on work productivity and workplace culture,... KEEP READING

STR: February U.S. Hotel Performance Bounces BackBy Terri Hardin

February U.S. hotel performance rebounded from January’s slump, according to STR. The three key U.S. hotel industry performance metrics in February each... KEEP READING

CBRE Again Boosts Hotel Forecast, Sees Rate Recovery in '22By Terri Hardin

Thanks to what it called stronger-than-expected fourth-quarter performance, CBRE Hotels Research again has upgraded its 2022 U.S. lodging... KEEP READING

Oyo Partners with Hotelbeds for Special U.S. RatesBy Terri Hardin

Hotel distribution channel Hotelbeds is partnering with hotel chain Oyo in securing special rates and exclusive offers at Oyo's... KEEP READING

WhyHotel Rebrands, Scores $90M Equity InvestmentBy Terri Hardin

Pop-up hotel operator WhyHotel has secured $90 million in equity investment and rebranded as Placemakr, the company announced Tuesday. ... KEEP READING

Sonesta Names REIT Vet to Succeed Flores as CEOBy Terri Hardin

Real estate investment trust Service Properties Trust CEO John Murray will succeed Carlos Flores as Sonesta International Hotels Corp. president and... KEEP READING

Sonder Outlines Corp. Travel Commitment in First Earnings CallBy Terri Hardin

In its first earnings call since going public in January, short-term rental provider Sonder reported a 28 percent year-over-year increase in... KEEP READING

Ext.-Stay Co. Edyn Secures Debt Funding, Plans ExpansionBy Terri Hardin

London-based extended-stay lodging company Edyn has secured £105 million in debt facility funding from Blackstone Mortgage Trust and KSL Capital... KEEP READING

Choice Sets July SoCal Debut for First Everhome SuitesBy Terri Hardin

Choice Hotels expects its first Everhome Suites, the company’s latest entry into the midprice extended-stay category, to debut around July 1 in Corona,... KEEP READING

Highland Group: Smaller Markets Leading Extended-Stay RecoveryBy Terri Hardin

The report showed only 10 percent of the metropolitan areas achieving above average RevPAR recovery in 2021 had 50,000 or more hotel rooms.... KEEP READING

Accor: 20 Percent Decline in Int'l Biz Travel "Could Probably Last Forever"By Terri Hardin

CEO Sebastien Bazin set sights on domestic business travel and meetings—as well as leisure—to fill the gap expected to be left by terminally reduced... KEEP READING

STR: Omicron Stings U.S. Hotels' January PerformanceBy Terri Hardin

The three key U.S. hotel industry performance metrics in January each declined sharply from December 2021 levels as the omicron variant of Covid-19... KEEP READING

IHG Eyes Biz Travel Through Lens of Workplace ChangesBy Terri Hardin

IHG swings back from 2020 losses, contemplates the new shape of business travel as the segment emerges from hibernation.... KEEP READING

Citi, HRS Report 'Big Pipeline' For New Partnership

Corporate lodging platform HRS in recent months announced a global partnership to integrate Citi's virtual payment product into its travel booking... KEEP READING

Infrastructure Business Travel Boosts WyndhamBy Chris Davis

Wyndham will lean into blue-collar infrastructure demand for 2022 and launch a new economy extended-stay brand... KEEP READING

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