Report: Economy and mid-price extended-stay hotels lead recovery in September
MOST ECONOMY AND MID-PRICE extended-stay hotels’ performance in September was down compared to August, according to a report from hotel investment advisors The Highland...
Hotel and travel associations welcome infrastructure bill, with caveat
HOTEL AND TRAVEL associations welcomed the passage of the bipartisan infrastructure bill by the House of Representatives over the weekend, saying the measure is...
Baird/STR index rose 6.8 percent in October
A CONTINUING SENSE of optimism about the nation’s recovery among investors sent the Baird/STR Hotel Stock Index up in October. Hotel brands led the...
STR, TE predict ADR for U.S. hotels to be near full recovery this year
THE U.S. HOTEL industry is on track to full recovery from the COVID-19 pandemic, according to STR latest industry forecast. Progress may be uneven,...
NewcrestImage sells 27 hotels to Summit Hotel Properties
NEWCRESTIMAGE HAS SOLD most of its hotel portfolio, along with some other properties, in a $822 million transaction with Summit Hotel Properties. Dallas-based NewcrestImage...
Corporate bookings spike gives IHG hope for business travel
THE INTERCONTINENTAL HOTELS Group (IHG) says it is seeing encouraging signs of recovery in business and international travel. Corporate bookings in the U.S. are...
La Quinta program to help mothers handle holiday stress
ONE DAY IS not enough to celebrate moms, so La Quinta by Wyndham has created an entire program for them. The brand’s “Thankful for...
USTA: Promoting ‘Brand USA’ to international visitors critical
AS THE U.S. is set to open its borders to vaccinated individuals, promoting the U.S. brand to international visitors is more critical than ever,...
Survey: Business travelers will hit the road with purpose … eventually
WHILE BUSINESS TRAVEL may be less frequent in the immediate future, it will make a comeback in time, according to a report from Hilton....
Marriott takes steps to reach net-zero emissions by 2050
AS A RESPONSE to the issue of climate change, Marriott International has set a long-term science-based target to reach net-zero value for greenhouse gas...
