Lodging

Accor Posts Positive 2019 Results Despite Asia-Pac FalloffBy Donna M. Airoldi

Accor reported year-over-year growth in 2019 for its three key performance indicators as well as its revenue, which increased 3.8 percent on a... KEEP READING

STR: 2020 U.S. Hotel Performance Starts Strong in JanuaryBy Donna M. Airoldi

The U.S. hotel industry began 2020 with positive January results in the three key performance indicators, according to STR. Compared with January 2019,... KEEP READING

U.S. Small-Group, Hong Kong Slowdowns Mar 2019 IHG PerformanceBy Donna M. Airoldi

InterContinental Hotels Group for 2019 reported a 0.1 percent year-over-year increase in global occupancy, a 0.4 percent drop in average daily rate and... KEEP READING

Soft Oil Sector Dents Choice Hotels' Q4 Revenue, Average RateBy Donna M. Airoldi

Choice Hotels' systemwide revenue per available room declined year over year for both the fourth quarter and full-year 2019, at 2.1 percent and 0.9... KEEP READING

U.S. Hotel Loyalty Bookings Reach All-Time HighBy Donna M. Airoldi

Loyalty-related U.S. hotel bookings in 2019 increased 7.6 percent year over year to 56.2 percent, the highest figure on record, according to hotel... KEEP READING

Wyndham's Q4 RevPAR Drop Foreshadows Potentially Rocky 2020By Donna M. Airoldi

Wyndham Hotels & Resorts' fourth-quarter systemwide revenue per available room was down 3 percent year over year on a constant-currency basis, the... KEEP READING

MGM Resorts CEO Murren Departs EarlyBy Donna M. Airoldi

MGM Resorts International chairman and CEO Jim Murren is leaving the company ahead of his contract expiration in 2021, according to The Wall Street... KEEP READING

Apartment-Style Hotel Provider Sonder Expands in NYCBy Donna M. Airoldi

Sonder, one of the many new technology-enabled, apartment-style accommodations providers, has leased from Merchants Hospitality all 100 rooms of the Z... KEEP READING

Weak Business Transient Demand Offsets Hilton Gains in Q4 and Full-Year 2019By Donna M. Airoldi

Weaker than expected business transient demand muted Hilton Worldwide's fourth-quarter and full-year 2019 results, according to the company. ... KEEP READING

Hilton's Collection Brands Add 40 Hotels, 120 in PipelineBy Donna M. Airoldi

Hilton Worldwide' upper-upscale Curio Collection brand and upscale Tapestry Collection brand debuted in 2014 and 2017 respectively, but 2019 was the... KEEP READING

Hamilton Hotel Partners and Pyramid Hotel Group Agree to MergeBy Donna M. Airoldi

London-based hotel management and investment firm Hamilton Hotel Partners and Boston-based full-service hotel and resort company Pyramid Hotel Group... KEEP READING

Arbor Lodging Partners Acquires 12-Hotel PortfolioBy Donna M. Airoldi

Arbor Lodging Partners has acquired a 12-hotel national portfolio in a joint venture with GFH Financial Group B.S.C., according to the company.... KEEP READING

Hotel Companies Ease Cancellation Policies for Greater ChinaBy Donna M. Airoldi

As the coronavirus continues to spread, several hotel companies have updated and/or extended their cancellation and change policies for the Greater... KEEP READING

Hilton to More than Double Canopy's Footprint in 2020By Donna M. Airoldi

The upper-upscale Hilton brand Canopy this month has opened two new properties and has announced intentions to open in 2020 an additional 18, more than... KEEP READING

STR, Tourism Economics 2020 RevPAR Forecast Lowest Since 2009By Donna M. Airoldi

STR and Tourism Economics anticipate flat 2020 year-over-year growth in U.S. hotel revenue per available room, the first such zero-growth projection... KEEP READING

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