Industry News

Blue Sky Hospitality receives Hilton’s Legacy Award

BLUE SKY HOSPITALITY Solutions has received Hilton’s Legacy Award: Top performer, Mid-Sized Portfolio. The company’s CEO Naveen Shah and COO David Fincannon accepted the...

IHG announces franchising of its new Atwell Suites brand

INTERCONTINENTAL HOTELS GROUP’S recently launched upper-midscale brand Atwell Suites is now available for franchising. The company said it is targeting an estimated $18 billion...

TRENDS & ISSUES

Hurricane-hit Florida hotel markets see demand declines

KEY FLORIDA HOTEL markets hit by Hurricane Dorian have seen significant demand declines, according to an STR analysis. The losses were greater for Florida...

STR: U.S. hotel occupancy down 1.1 percent in first week of September

OCCUPANCY FOR THE U.S. hotel industry fell 1.1 percent to 61 percent during the week of Sept. 1 to 7, according to STR. The...

Study: Policies of travel buyers lagging changes in industry

TRAVEL BUYERS IN the U.S are adapting to changes in the business traveler population, according to a recent Global Business Travel Association-Cvent study, although they...

Study: U.S. hotel industry supports 8.3 million jobs annually

THE U.S HOTEL industry supports one in 25 American jobs and pours $660 billion annually into the country’s GDP, according to a new study...

Hotel stock index dropped 6.6 percent in August

THE BAIRD/STR Hotel Stock Index dropped significantly in August, 6.6 percent to 4,561. Sluggish growth and economic uncertainty dampened investor sentiment and created a...

Study: Online reviews influence travelers’ choices

TRAVELERS AROUND THE world use and trust online reviews by other travelers in most of their booking decisions, according to research from one of...
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