Travel insiders have long wondered when, or how, Amazon might flex its online muscle to follow other retail giants and non-travel brands into the sector.
The conversion of this iconic Key West hotel to an Autograph Collection property will occur upon the completion of a $35 million renovation.
Reflecting continued improvement in business travel and groups, the Top 25 Markets showed higher occupancy and ADR than all other markets.
Hoteliers and travel experts speaking at the 2023 Hotel Data Conference said leisure travelers want to feel like they're getting a good value in their stay and that they're getting what they pay for.
In a recent HSMAI Sales Advisory Board meeting, I introduced the topic of meeting space utilization to the group for discussion. Read on for three takeaways from our dynamic discussion.
The rate of growth in occupancy, average daily rate and revenue per available room decelerated considerably in Q2, with room rate fatigue effecting growth in the higher-priced hotel categories.
The historic Lake Okanagan Resort was one of an untold number of buildings destroyed by the wildfire still raging in West Kelowna, B.C.
Silicon Valley historically experienced strong lodging performance driven by high-rated corporate demand during the week. Thus, the rise of remote work policies has had an impact on recovery. However, the presence of Big Tech, surging interest in AI technology, and expansion of the life-sciences sector are anticipated to drive growth in this market over the long term.
Domestic bookings are up 4% and international bookings are up 44%.
The 'human oversight' curating algorithmic content on MSN somehow missed a list of tourist hot spots that put the food bank at number three.
Any individual who has stayed at a hotel recently can attest that technology has become ubiquitous at every stage of the guest journey. From the booking process to check-in to guest room controls to the post-stay follow-up, guest services are supported by technology through and through. This evolution has been progressing over the last decade but was significantly accelerated by the COVID-19 pandemic which called for contactless processes. Once implemented, these automations were here to stay.
National Associations led key meeting industries in top three markets
CBRE is reducing its forecast for hotel performance this year, as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 revenue per available room (RevPAR).
Travel brands have benefited from investment in technological infrastructure and online booking products during the past few years, resulting in a 48% jump in online direct sales to $171.9 billion in 2022, according to Phocuswright's travel research report U.S. Travel Market Report 2022-2026.
CBRE Hotels is soliciting offers to acquire the fee-simple interest in the Holiday Inn Express & Suites in West Houston Katy, Texas. Located off Interstate Highway 10 and just minutes away from Katy Mills Mall and Houston Energy Corridor, the 97-room hotel receives business from a diverse population of both corporate and leisure segments.
The hotel market in Louisville, Kentucky, has experienced a slow recovery since the peak of the COVID-19 pandemic. While a copious amount of new supply over the past few years has slowed the recovery, ADR has grown steadily. The area will continue to be supported by bourbon tourism, the University of Louisville, and the Kentucky Derby.
U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data through 12 August.
A recent survey of property management professionals revealed that while more than 60 percent of respondents were aware that telecom companies are phasing out POTS (Plain Old Telephone Service, also known as analog copper land lines), nearly half reported their elevator emergency communication systems are still based on this endangered technology.
While wage negotiations are always at the center of hiring, recruitment and retention, hotel leaders said young employees are also being more direct with their expectations of a career trajectory in the industry.
An arbitrator ruled that Choice Hotels International Inc. is liable to a Franchisee hotel owner for three breach-of-contract claims by finding that Choice Hotels violated terms of its own franchise agreements, including promising volume discounts for products and services for the benefit of Franchisees that Choice Hotels never negotiated or delivered.
The per diem guidelines announced today govern reimbursement for federal employees’ lodging and meals expenses for official government travel and include a $9 increase to the continental United States (CONUS) lodging rate as well as large increases in rates in many non-standard areas (NSAs).
Hotel appoints Ryan Taylor as New Director of Sales and Marketing
According to Expedia, flight searches for fall are up 15%, and hotel searches increased 20% compared to fall 2022.
CBRE Lending Momentum Index’ Declines 5.4% From Previous Quarter
Located off Highway 285, the hotel provides convenient access to Downtown Golden, The University of Denver, Denver International Airport, Red Rocks Park and Amphitheatre, and Mile High Stadium.