STR: October U.S. Hotel Metrics Up From SeptemberBy Donna M. AiroldiThe U.S. hotel industry resumed its recovery in October, with key performance metrics showing improvement from September's numbers, STR reported. ... KEEP READING
Marriott to Deploy Amadeus Res SystemBy Chris DavisMarriott International has agreed to deploy Amadeus' Central Reservation System as a step toward expanding its merchandizing abilities for hotel stays,... KEEP READING
Hotel Rates Projected to Lead Price Rises in 2022 and BeyondBy Andy HoskinsHotel rates in 2022 are expected to increase 13 percent globally year over year and a further 10 percent in 2023, according to the Global Business... KEEP READING
Marriott to Participate in HRS' Green Stay InitiativeBy Donna M. AiroldiMarriott International has agreed to participate in corporate lodging platform HRS' Green Stay Initiative, launched in March, HRS announced Wednesday at... KEEP READING
Report: U.S. Extended-Stay Hotels Set Q3 Performance RecordsBy Donna M. AiroldiThird-quarter performance for U.S. extended-stay hotels set 14 new records for metrics including demand, occupancy, average daily rate and revenue per... KEEP READING
Extended-Stay Rental Platform Homelike Launches in U.S.By Molly DysonGermany-based Homelike, an online marketplace for furnished apartment rentals of at least 30 days, for the first time has expanded its inventory into... KEEP READING
Global Hotel Groups Form Sustainability InitiativeBy Donna M. AiroldiMultiple 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. AiroldiU.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. AiroldiApartment-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. AiroldiSimilar 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. AiroldiChoice 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. AiroldiMarriott 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. AiroldiHyatt 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. AiroldiDemand during the third quarter from Wyndham Hotels & Resorts' "everyday business travel segments" outpaced the company's third-quarter 2019 results,... KEEP READING
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