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Stories By: Lodging

Strong Weekly US Hotel Performance Is Led by Midweek Group and Business Travel, Says STR

All but 3 of Top 25 Markets saw increases in RevPAR….

Tripbam Adds New Capabilities to Hotel Sourcing Solution

Tools include project tracking dashboard, office geo-location dashboard and automated dynamic discount renewal…

Omni Revamps Loyalty Program With Points To Be Earned on Spending

Members will also be able to achieve higher status more quickly….

Hubli Launches ‘Venue Connect’ Tool to Facilitate Event Bookings

Solution allows spaces to connect directly to hotel in-house PMS….

Location, Location, Location 11-15-23

Openings in Singapore; Sugar Land, Texas; and San Marcos, Calif….

PwC Projects RevPAR Increase of 2.7% in 2024

With occupancies flat, gains are expected to come almost entirely from rate….

Location, Location, Location 11-9-23

Openings in London; Austin; Busan, South Korea; Singapore; and Portland, Ore….

Hyatt Executives on Earnings Call Say Business Travel Revenue at 90% of 2019 Levels

CEO sees rate increases for fixed-rate accounts in high single digits for 2024….

Business Transient Revenue at Hilton Grew 5% Year Over Year

CEO on earnings call says group demand was best-performing segment….

Wyndham Executives Point to Third Quartr Results as Rationale to Resist Choice Proposal

Choice calls for resumption of negotiations on deal….

Location, Location, Location 10-25-23

Openings in Geneva, Switzerland; Glenview, Ill.; and Coslada, Spain….

US Hotel Performance Improved Over Previous Week but Was Mixed Against 2022

Year-over-year weakness called ‘surprising’….