Report: Q4 Continued Boom Time for U.S. Extended-StayBy Terri HardinThe extended stay segment beats Q4 2020 performance by a long shot, according to The Highland Group, and edges out Q4 2019 numbers in some key metrics.... KEEP READING
Grapevine Partners with Travelogix to Spur Hotel Attachment RatesBy Michael B. BakerTravel trip experience startup Grapevine is partnering with Travelogix, a supplier of data solutions for travel management companies, in an effort to... KEEP READING
Sixt, Accor Announce PartnershipBy Donna M. AiroldiCar rental company Sixt and hotel company Accor, each headquartered in Europe, have entered into a multi-year partnership wherein members of Accor's... KEEP READING
U.S. Hotel Pipeline Shrinks But Future Seems BrighterBy Chris DavisThe number of U.S. hotel construction projects in the development pipeline at the close of 2021 was about 8 percent lower than one year prior, according... KEEP READING
Four Seasons Outlines Growth PlansBy Elizabeth WestLuxury hotel company Four Seasons, now majority-owned by Bill Gates' Cascade Investments, has big plans afoot for 2022. The brand plans to open four new... KEEP READING
AHLA: Business Travel Share of U.S. Hotel Revenue Down Sharply from '19By Donna M. AiroldiBusiness travelers made up 52.5 percent of U.S. lodging industry room revenue in 2019. The American Hotel & Lodging Association projects that share to... KEEP READING
Rate Hikes Prompt STR, Tourism Economics to Up U.S. Hotel ForecastBy Chris DavisCiting U.S. average daily hotel rate increases spurred by leisure demand and inflationary pressure, STR and Tourism Economics have slightly raised their... KEEP READING
After Public Debut, Sonder CEO Details Push for Corp. TravelShort-term rental provider Sonder this week debuted on the Nasdaq stock exchange after shareholders approved its merger with special purpose... KEEP READING
IHG to Begin New Loyalty Program Rollout in MarchBy Terri HardinIHG Hotels & Resorts on Wednesday announced changes to its loyalty program, including a new tier and bonus point earning structure, which will go live... KEEP READING
STR: December Global Hotel Pipeline Down, But Some Plans UpBy Terri HardinThe total number of U.S. hotel rooms under construction in December 2021 was down roughly 61,000 from the country’s all-time high, achieved in early... KEEP READING
HotelRez to Offer Cvent Transient RFP PlatformBy Terri HardinU.K.-based hotel distribution and representation company HotelRez on Tuesday announced a new partnership with meetings management firm Cvent to use... KEEP READING
Awaiting SPAC Merger, Sonder Outlines 2021 GrowthBy Terri HardinSonder touted 25 new buildings in 2021 as shareholders voted on Friday in a special meeting on whether to clear the merger that would take the company... KEEP READING
Furnished Apartment Co. The Guild Boosts Inventory Via AcquisitionBy Terri HardinTexas-based furnished property management company The Guild has acquired CREA Management LLC, the property management division of Cypress Real Estate... KEEP READING
BTP Automation Integrates Hotel Health Verification Standards into RFP PlatformBy Michael B. BakerHotel procurement platform Business Travel Performance Automation has adopted Sharecare and Forbes Travel Guide's health security verification... KEEP READING
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