Advantage Rent-A-Car this month named longtime industry executive George Gremse its new CEO, at a time when company is poised to expand its market presence.

Choice Hotels International Inc. this week disclosed details of its launch of an upscale hotel brand, Cambria Suites, which will open its first property in Boise, Idaho, by year-end. The new brand plans...

The U.S. Internal Revenue Service on Jan. 1, 2009, will lower its standard mileage rate to 55 cents per mile 3.5 cents less than the current rate, which the government raised mid-year amid escalating...

Interstate Hotels & Resorts today announced an agreement to be acquired by a joint venture consisting of a subsidiary of real estate investment company Thayer Lodging Group and Shanghai Jin Jiang...

Buyers negotiating for 2008 hotel rates are finding a heavy cost to last-room availability in key markets, hoteliers are receiving more queries as to their environmental policies and both are seeing the...

Hotel bookings through global distribution systems in September increased by 25.2 percent year over year, and the net average daily rate at for those bookings increased by 7.4 percent, according to...

Carlson Companies CEO Marilyn Carlson Nelson is stepping down , but will continue to serve as chair of the company's board of directors, according to Modern Agent . The publication said the company...

Omni Hotels & Resorts reported that its average daily rate during the first quarter of 2011 increased by 5.9 percent year over year bit.ly/lXlxvH . "We've gotten to the point where we have some...

STR projected that the average daily U.S. hotel rate during June, July and August would increase by 4.1 percent year over year bit.ly/m36Aa1 , marking a "continuation of industrywide rate recovery...

STR projected that the average daily U.S. hotel rate during June, July and August would increase by 4.1 percent year over year bit.ly/m36Aa1 , marking a "continuation of industrywide rate recovery...