STR: April U.S. Hotel Occupancy, ADR UpBy Chris DavisThe average April U.S. hotel daily rate increased slightly year over year, as did revenue per available room and occupancy rate, according to hotel... KEEP READING
Hilton to Launch Spark in U.K.By Chris DavisHilton plans to open in London its first European property under the flag of its new midscale "premium economy" brand Spark, the hotel company... KEEP READING
CBRE Lowers 2024 U.S. RevPAR ForecastBy Chris DavisA softer-than-expected first quarter drove CBRE to revise its forecast for U.S. hotel RevPAR, occupancy and ADR. The firm noted corporate and group... KEEP READING
FCM: 'Steady' Q1 Booking Volume Amid Strong PricingBy Michael B. BakerBusiness travel demand has had "gradual, consistent growth" in the first quarter as pricing remains elevated across several categories, according to FCM... KEEP READING
Hickory, Advantage to Unite Hotel ProgramsBy Chris DavisTravel management company and corporate travel consortia Hickory Global Partners and Advantage Travel Partnership will unite their respective hotel... KEEP READING
Emburse Adds New Air, Hotel Capabilities Via Tripbam TechBy Michael B. BakerEmburse has launched integrated capabilities from Tripbam, including air contract auditing and hotel reshopping within the Emburse Go Premier app, the... KEEP READING
InterContinental Enables Jet-Lag App AccessBy Chris DavisInterContinental Hotels & Resorts has rolled out complimentary access to the Timeshifter jet-lag management app to guests at all the brand's properties.... KEEP READING
Hyatt: Q1 Business Travel 'Extraordinarily Encouraging'By Chris DavisHyatt Hotels Corp.'s business travel demand in 2024 has been "extraordinarily encouraging," with systemwide first-quarter revenue from the sector up 6... KEEP READING
Choice Q1 RevPAR, Average Rates SlipBy Chris DavisChoice Hotels International's systemwide first-quarter occupancy, average daily rate and revenue per available room all declined year over year,... KEEP READING
Marriott to Bring Midscale to Japan After KKR DealBy Chris DavisMarriott International will bring its recently christened Four Points Express by Sheraton midscale brand to Japan following the sale of a 14-property... KEEP READING
Accor Adds First U.S. Handwritten Brand PropertyBy Chris DavisAccor has added the first U.S. property to its soft upper-midscale Handwritten Collection brand, the company announced Monday.... KEEP READING
IHG Q1 RevPAR Up Even as Corp. Travel FlatBy Chris DavisEaster weekend in March shifted revenues, according to IHG execs, who suggested April outcomes would even out the bumps.... KEEP READING
Report: Q1 U.S. Ext.-Stay Rate, RevPAR DeclineBy Chris DavisOccupancy for extended-stay properties is the lowest since 2013, but tight development environment means fewer new properties, which may help reverse... KEEP READING
More Hotel News