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Stories By: Lodging

Hotel Engine Adds Tools for RFPs

Hotel Engine, a booking platform for business travel, announced it has added new tools to support hotels in responding to requests for proposals (RFPs)……

US Hotel Industry Has Mixed Performance for Week Ending Aug. 17, Says CoStar

The US hotel industry reported mixed comparisons year over year for the week of Aug. 11-17, according to CoStar’s latest data. The results for……

Hyatt To Acquire Standard International Brand and Affiliates

Hyatt Hotels Corporation announced it has acquired Standard International, a lifestyle hotel operator. The deal is expected to close later this year. Hyatt has……

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Location, Location, Location 8-20-24

Princeton, N.J. – Graduate Princeton has opened steps from Princeton University; Graduate is a Hilton brand. Located in the heart of downtown directly opposite the……

Marriott International in Licensing Agreement With Sonder

Marriott International announced a long-term licensing agreement with Sonder Holdings Inc., which is expected to add over 9,000 rooms to Marriott’s portfolio by year-end……

CBRE Reduces Hotel RevPAR Projections for 2024

CBRE, the commercial real estate services and investment firm, is now projecting a 1.2% increase in hotel revenue per available room (RevPAR) growth for……

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Location, Location, Location 8-14-24

St. Petersburg, Fla. — The 163-room Moxy St. Pete has opened. It features a rooftop pool deck and bar; and a “dynamic” lobby with a……

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Location, Location, Location 8-8-24

London — Virgin Hotels London-Shoreditch has opened with 120 rooms. It offers three dining outlets, a fitness center and meeting rooms. Rooms have floor-to-ceiling windows.……

Hyatt Reports Strong Q2 Performance in Business Transient and Group Travel

Hyatt Hotels Corporation reported a strong performance in business transient and group travel for the second quarter of 2024. In the US, revenue per……

Extended Stay Hotels See Turnaround in Second Quarter, Says Report

The performance of extended stay hotels in the first half of 2024 is “a tale of two quarters,” according to The Highland Group, a……

Travelsavers Hotel Division Adds Extended Stay Solution

Travelsavers Hotel Division, a travel services and distribution provider, is launching Extended Stays by Travelsavers, a marketing program aimed at offering additional prominence for……

Marriott Business Travel RevPAR Up 4% in Second Quarter Over 2023

Business travel revenue per available room (RevPAR) at Marriott hotels increased 4% year over year, according to executives speaking on a second quarter earnings……