Lodging

Global Hotel Groups Form Sustainability InitiativeBy Donna M. Airoldi

Multiple international hotel companies have joined together to announce an initiative to set a common definition of hotel sustainability "to drive... KEEP READING

Potent Demand Spurs Another STR, Tourism Economics U.S. Hotel Forecast BoostBy Donna M. Airoldi

U.S. hotel demand and average daily rate on a nominal basis will near full recovery of 2019 levels in 2022, while nominal revenue per available room... KEEP READING

WhyHotel Expands to Nashville, New York CityBy Donna M. Airoldi

Apartment-style accommodation provider and platform WhyHotel has acquired The Cadence in Nashville and has opened a property in New York's Financial... KEEP READING

Hyatt: 'Upward Momentum' for Group, Corp. Transient in Q3By Donna M. Airoldi

Similar to other major hotel companies during the third-quarter earnings season, Hyatt Hotels Corp. reported that leisure continues to drive the... KEEP READING

Choice: Q3 'Exceptional,' RevPAR Surpassed 2019 LevelsBy Donna M. Airoldi

Choice Hotels reported "exceptional" third-quarter results noted president and CEO Patrick Pacious on a Thursday earnings call, adding that it has been... KEEP READING

Marriott: Q3 Corp. Transient Growth Slowed, Group Business 'Accelerated Nicely'By Donna M. Airoldi

Marriott International's corporate transient and group business continue to show improvement during the recovery, but the former took a bit more of a... KEEP READING

Hyatt Completes Acquisition of Apple Leisure GroupBy Donna M. Airoldi

Hyatt Hotels Corp. announced on Tuesday the completion of its acquisition of Apple Leisure Group. ALG will operate as a distinct business unit within... KEEP READING

Wyndham: Q3 Blue-Collar Business Travel Strong, ConsistentBy Donna M. Airoldi

Demand during the third quarter from Wyndham Hotels & Resorts' "everyday business travel segments" outpaced the company's third-quarter 2019 results,... KEEP READING

Report: U.S. Hotel Construction Pipeline DeclinesBy Donna M. Airoldi

The U.S. hotel construction pipeline as of Sept. 30 declined 8 percent year over year to 4,837 projects, according to a new Lodging Econometrics... KEEP READING

Hilton: Booking Future Group Business a 'Delicate Balancing Act'By Donna M. Airoldi

Hilton Worldwide president and CEO Christopher Nassetta sounded very optimistic about his company's recovery and future demand prospects during a... KEEP READING

Accor: Leisure Demand Boosts Q3 RevenueBy Donna M. Airoldi

Accor reported third-quarter revenue of €589 million, up 79 percent like for like, year over year, yet down about 40 percent compared with 2019. Accor... KEEP READING

IHG Partners with CVS for Covid-19 Testing at U.S. HotelsBy Donna M. Airoldi

IHG Hotels & Resorts has partnered with CVS Health as a recommended supplier for onsite Covid-19 rapid testing, IHG announced Tuesday. ... KEEP READING

Radisson Reports EMEA Portfolio GrowthBy Donna M. Airoldi

Radisson Hotel Group has signed more than 50 hotels in its Europe, the Middle East and Africa region since the beginning of 2021, and opened nearly 30... KEEP READING

IHG: Q3 U.S. Business Transient, Group Demand ImproveBy Donna M. Airoldi

Though third-quarter U.S. leisure demand remained strong for IHG Hotels & Resorts and essential business travel has been resilient, "what we are now... KEEP READING

FairFly to Debut Hotel SolutionBy Donna M. Airoldi

Air reshopping platform FairFly on Monday announced it would add in the first quarter of 2022 a hotel solution for FairFly clients. ... KEEP READING

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