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Tag: lodging

Robust Q3 U.S. Hotel Pipeline Reaches New Heights

Robust Q3 U.S. Hotel Pipeline Reaches New Heights

October 29, 2024October 30, 2024 · Business

The pipeline of U.S. hotel development in the third quarter set another new record for planned projects, according to a new report from Lodging Econometrics, with more than…

Read more Robust Q3 U.S. Hotel Pipeline Reaches New Heights
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

Accor Projects 2025 Corp. Rate Hikes Similar To This Year’s

October 25, 2024October 25, 2024 · Business

Accor Group preliminarily projects 2025 negotiated corporate rates to increase by “mid-single digits” year over year, CFO Martine Gerow said Thursday during the company’s third-quarter earnings presentation, similar…

Read more Accor Projects 2025 Corp. Rate Hikes Similar To This Year’s
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

Wyndham Claims Q3 Infrastructure Demand Lift

October 24, 2024October 28, 2024 · Business

Wyndham Hotels & Resorts’ systemwide third-quarter revenue per available room declined slightly but executives during a Thursday earnings call claimed increasing demand from its blue-collar base of business…

Read more Wyndham Claims Q3 Infrastructure Demand Lift
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

STR: September U.S. Occupancy Slips as Rates Rise

October 18, 2024October 19, 2024 · Business

The average U.S. hotel rate increased year over year September as occupancy slipped, according to hotel analytics firm STR. The average daily U.S. hotel rate in September increased…

Read more STR: September U.S. Occupancy Slips as Rates Rise
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

Hilton Partners to Assist Visually Impaired Guests

October 15, 2024October 15, 2024 · Business

Hilton Worldwide has partnered with Be My Eyes, an app designed to assist the visually impaired, and will use live agents to help such travelers navigate participating hotels,…

Read more Hilton Partners to Assist Visually Impaired Guests
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

STR: August U.S. Hotel Rates, Occupancy Jump

September 20, 2024September 22, 2024 · Business

The August average U.S. daily hotel rate and occupancy rate each increased notably year over year, according to hotel analytics firm STR, which separately noted midweek demand strength,…

Read more STR: August U.S. Hotel Rates, Occupancy Jump
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

CWT: Don’t Count on Travel Savings in 2025

September 19, 2024September 19, 2024 · Business

Travel prices are moderating in most markets around the globe, according to a new forecast and report from CWT and the Global Business Travel Association. But business travel…

Read more CWT: Don’t Count on Travel Savings in 2025
Omni Names Bales VP Sales

Omni Names Bales VP Sales

September 16, 2024September 16, 2024 · Business

Omni Hotels & Resorts has named former Marriott International executive Annette Bales its new VP sales, effective immediately, the company announced. Bales in her new role “will spearhead the…

Read more Omni Names Bales VP Sales
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

FCM: Q2 Prices Rise Amid ‘Incremental’ Corp. Travel Growth

September 5, 2024September 5, 2024 · Business

Business travel in the second quarter continued “incremental growth” and was set to continue to increase for the balance of 2024, according to FCM Consulting’s Global Quarterly Trend…

Read more FCM: Q2 Prices Rise Amid ‘Incremental’ Corp. Travel Growth
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

Nearly 10K U.S. Hotel Workers Go on Strike

September 3, 2024September 3, 2024 · Business

Nearly 9,400 hotel workers in seven U.S. cities remained on strike Tuesday morning after walking off the job this weekend, according to Unite Here, the union representing the…

Read more Nearly 10K U.S. Hotel Workers Go on Strike
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

Sonder COO Hebbar to Depart

August 28, 2024August 28, 2024 · Business

Deeksha Hebbar, COO of short-term accommodation provider Sonder Holdings, will resign Aug. 31, the company disclosed in a filing this week with the U.S. Securities and Exchange Commission.…

Read more Sonder COO Hebbar to Depart
Robust Q3 U.S. Hotel Pipeline Reaches New Heights

CBRE Again Cuts 2024 U.S. RevPAR Outlook

August 15, 2024August 16, 2024 · Business

Citing “weaker-than-expected leisure travel and slowing corporate profit growth,” CBRE Hotels Research on Thursday for the second time in three months lowered its projected year-over-year increases for full-year…

Read more CBRE Again Cuts 2024 U.S. RevPAR Outlook
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

August 7, 2024August 7, 2024 · Business

Second-quarter systemwide Hilton Worldwide revenue per available room generated by large corporates increased 5 percent year over year, officials said during a Wednesday earnings call, adding that technology…

Read more With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Rising Business Travel Revenue Boosts Hyatt’s Q2

August 6, 2024August 6, 2024 · Business

Three months after Hyatt Hotels Corp. CEO Mark Hoplamazian called business travel demand at the hotel company “extraordinarily encouraging,” officials said demand lived up to that promise in…

Read more Rising Business Travel Revenue Boosts Hyatt’s Q2
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Sturdy Q2 U.S. Hotel Pipeline Sets More Records

August 2, 2024August 3, 2024 · Business

The pipeline of U.S. hotel properties under development remains robust, according to a new report from Lodging Econometrics, with nearly 6,100 hotels and more than 713,000 rooms at…

Read more Sturdy Q2 U.S. Hotel Pipeline Sets More Records
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Marriott: Q2 Corp. Demand Again Grows

July 31, 2024July 31, 2024 · Business

Systemwide second-quarter business travel revenue per available room at Marriott properties increased 4 percent year over year, a trend executives project will continue throughout 2024, they said Wednesday…

Read more Marriott: Q2 Corp. Demand Again Grows
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Accor Reports 6 Percent RevPAR Growth in H1 2024

July 28, 2024July 28, 2024 · Business

Accor’s first half revenue per available room increased 6 percent year on year, while revenues grew 11 percent compared to the same time in 2023, according the company’s…

Read more Accor Reports 6 Percent RevPAR Growth in H1 2024
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Groups360 Launches Enterprise Meetings Solution

July 26, 2024July 26, 2024 · Business

Meeting planning platform provider Groups360 this week launched GroupSync Planner Plus, a meeting planning and booking solution the company said has a “specialized set of features” that are…

Read more Groups360 Launches Enterprise Meetings Solution
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Hubli and Radisson Enable Real-Time Meetings Bookings

July 16, 2024July 16, 2024 · Business

Radisson Hotel Group and enterprise meetings booking platform Hubli have unwrapped a real-time integration to Radisson’s property management system that automates responses and the booking process for Hubli-facilitated…

Read more Hubli and Radisson Enable Real-Time Meetings Bookings
With Corp. Travel ‘Grinding Up,’ Hilton Gains in Q2

Global Hotel Alliance, Now 20, Seeks Corporate Niche

July 12, 2024July 12, 2024 · Business

Global Hotel Alliance CEO Chris Hartley talks:  The alliance’s growth strategy The nature of the network’s TMC partnerships The state of international business travel demand The Global Hotel…

Read more Global Hotel Alliance, Now 20, Seeks Corporate Niche
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