Marriott: Long view favorable despite rare annual loss
Marriott International reported its first full-year loss in more than a decade Thursday, citing a 57% decline in group bookings… Read More »
New booking tool caters to business traveler
Monaker’s new engine NextTrip offers bookings for alternative lodging, everything from a chalet to a castle for business travel. NextTrip,… Read More »
Downtown L.A. construction unabated by pandemic
Ten projects valued collectively at more than $3 billion and highlighted by hotels and apartment buildings comprise a construction scene… Read More »
Poll shows hotel chains command most consumer trust
A recent survey indicates prospective American travelers are more confident in major hotel chains than in boutique hotels or home-sharing… Read More »
France fines Google over discredited hotel ratings
Google’s use of its own hotel rating system rather than the public tourism board’s will cost the company more than… Read More »
Pandemic plunges Hyatt below forecast in Q4
Hyatt Hotels posted a fourth quarter loss of $1.77 a share, worse than the $1.38 analysts expected, as a coronavirus… Read More »
Battered NYC hotels hit airwaves seeking tax relief
The trade association for New York City’s struggling hotels has launched a TV and radio ad campaign beseeching Mayor Bill… Read More »
$1B capital infusion plan for hotels spurred by ACORE
A nearly yearlong effort to build a financial support resource for the pandemic-wracked hotel industry has yielded a $1 billion… Read More »
Montana’s Big Sky Resort will add world-class lodging
A $400 million luxury hotel will make its debut this year at Montana’s Big Sky Resort, one of America’s premier… Read More »
Getaways for wealthy lockdown escapees
Wealthy residents of the US and elsewhere have ramped up their escapes from confinement as the pandemic has worn on… Read More »
2020 Asia-Pacific growth for top 4 defies odds
The four largest global hotel companies operating in the Asia-Pacific opened more than 300 hotels and signed more than 500… Read More »
Atlanta restaurant reinvents retro supper club standbys
At The Betty in Atlanta’s new Kimpton Sylvan Hotel, executive chef Brandon Chavannes serves a menu inspired by the supper… Read More »
Sorenson peers send praise, condolences
Marriott International CEO Arne Sorenson was hailed as “an incredibly respected man,” “a true leader and visionary” and “a warm… Read More »
Deal will see cell site investments on Pebblebrook’s rooftops
Pebblebrook Hotel Trust and Melody Investment Advisors have struck an agreement in which Melody will invest in 14 rooftop cell… Read More »
IHG’s 10-year initiative aims above, beyond bottom line
IHG Hotels & Resorts unveiled on Monday an elaborate 10-year plan to maximize service to employees, local communities and the… Read More »
New Forbes 5-star hotel parade rolls through pandemic
Olympics host Tokyo added four five-star hotels in the past year to top the 63rd annual Forbes Travel Guide 2021… Read More »
Study cites travel as star player in economic rebound
Revitalization of global travel will play a key role in economic recovery from a pandemic that affected an estimated 174… Read More »
Hotels join industry-academia travel diversity effort
Tourism Diversity Matters, an organization launched this month, is centered on apprenticeships, diversity-equity-inclusion training, workforce development and research in the… Read More »
Great Wolf Lodge in Jackson, Tenn., being considered
An official with Great Wolf Resorts confirmed that the company is still planning to open a Great Wolf Lodge water… Read More »
Hospitality industry is top PPP recipient
Hospitality industry borrowers have received 18% of Paycheck Protection Program loans so far, more than any other sector. PPP loans… Read More »
Marriott CEO dies following bout with cancer
Marriott International CEO Arne Sorenson, 62, who had been battling cancer since 2019, died Monday, the company announced. The world’s… Read More »
Troubled hotel in Youngstown, Ohio, gains debt break
The only hotel in downtown Youngstown, Ohio, has been granted a delay in loan repayments to the city after falling… Read More »
Survey: Travelers starting to rebook
A new survey by IHG Hotels & Resorts finds people are preparing to travel this year, rebooking trips canceled in… Read More »
Hotel market aided by available capital
There is available capital in the hotel market, which is helping hotels to hold their value. “I’ve been very surprised… Read More »
Fund drive seeks historic Black-founded hotel’s revival
One of the first African-American hotels in Thomasville, Ga., closed for half a century, may live again as an Airbnb… Read More »
Land under Ace Hotel New York sold for $45M
Safehold, the real estate investment trust managed by iStar Financial, has purchased the ground beneath the 285-room Ace Hotel New… Read More »