Lodging

STR Holds 2024 U.S. Hotel Forecast Roughly SteadyBy Chris Davis

In its first update two months after markedly reducing projected hotel performance its 2024 U.S hotel forecast, STR and Tourism Economics on Thursday... KEEP READING

With Corp. Travel 'Grinding Up,' Hilton Gains in Q2By Chris Davis

Second-quarter systemwide Hilton Worldwide revenue per available room generated by large corporates increased 5 percent year over year, officials said... KEEP READING

Rising Business Travel Revenue Boosts Hyatt's Q2By Chris Davis

Three months after Hyatt Hotels Corp. CEO Mark Hoplamazian called business travel demand at the hotel company "extraordinarily encouraging," officials... KEEP READING

IHG Shrugs Off First-Half Corp. Travel Demand SlipBy Chris Davis

Systemwide IHG Hotels & Resorts business transient travel room nights in the first half of 2024 dropped by 1 percent year over year, the company... KEEP READING

Travelsavers Adds Curated Ext.-Stay Hotel OfferingBy Chris Davis

Travel agency network Travelsavers has launched a curated group of extended-stay properties within its hotel program for agents and corporate clients... KEEP READING

Report: Q2 U.S. Ext.-Stay Hotel Performance ReboundsBy Chris Davis

Reversing trends from the first quarter, occupancy, average daily rate and revenue per available room in the second quarter at U.S. extended-stay hotels... KEEP READING

Sturdy Q2 U.S. Hotel Pipeline Sets More RecordsBy Chris Davis

The pipeline of U.S. hotel properties under development remains robust, according to a new report from Lodging Econometrics, with nearly 6,100 hotels... KEEP READING

IHG Invests in Texas PortfolioBy Elizabeth West

IHG is expanding significantly in Texas, adding 14 new properties in 2024 across Austin, Dallas, Fort Worth, San Antonio, and other cities to meet the... KEEP READING

Marriott: Q2 Corp. Demand Again GrowsBy Chris Davis

Systemwide second-quarter business travel revenue per available room at Marriott properties increased 4 percent year over year, a trend executives... KEEP READING

Marriott Pilots Trafficking Survivor Stay ServiceBy Chris Davis

Marriott International has developed and is piloting in five U.S. cities a service in which room nights are donated on an emergency basis for short-term... KEEP READING

HRS Expands Capabilities Delivered Through ConcurBy Michael B. Baker

Concur Travel has certified corporate lodging and payment platform HRS for its new Hotel Connector API, which will open up a wide range of hotel booking... KEEP READING

Accor Reports 6 Percent RevPAR Growth in H1 2024By Lauren Arena

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,... KEEP READING

Groups360 Launches Enterprise Meetings SolutionBy Elizabeth West

Meeting planning platform provider Groups360 this week launched GroupSync Planner Plus, a meeting planning and booking solution the company said has a... KEEP READING

Wyndham RevPAR Steady in 'Gradual' RecoveryBy Chris Davis

Wyndham Hotels & Resorts' second-quarter U.S. revenue per available room held steady year over year, though the company cut its full-year outlook,... KEEP READING

STR: June U.S. Hotel Rates Rise, Occupancy SteadyBy Chris Davis

The average U.S. hotel daily rate in June increased year over year while occupancy held steady from 2023 levels, according to hotel analytics firm STR.... KEEP READING

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