Tasked with negotiating rates for thousands of properties globally, GlaxoSmithKline sourcing group manager Paul Plank turned to an auction to help keep rates in check, even in a supplier's market.

Starwood Hotels & Resorts' announcement this month that it would sell the W San Francisco for $90 million to Hong Kong's Keck Seng Investments Ltd. is part of an aggressive move by the company toward an...

Minneapolis-based retailer Target Corp. has centralized its meetings program, developed a meetings policy and used technology to push policy compliance and increase savings.

New York City's third-largest central business district, downtown Brooklyn, is set to see seven hotels and more than 2,000 rooms developed in the next two years, offering buyers meeting space...

Though Marriott International's third-quarter average daily rate and occupancy growth was tepid, CEO Arne Sorenson nevertheless said the hotel behemoth's top executives have never been more optimistic.

HRG North America recently appointed Lee Fimmen as executive vice president of business management in charge of business retention and strategic client development. The company also acknowledged that...