Potent Demand Spurs Another STR, Tourism Economics U.S. Hotel Forecast Boost
U.S. hotel demand and average daily rate on a nominal basis will near full recovery of 2019 levels in 2022,… Read More »
Marriott: Q3 Corp. Transient Growth Slowed, Group Business ‘Accelerated Nicely’
Marriott International’s corporate transient and group business continue to show improvement during the recovery, but the former took a bit… Read More »
Rocketrip Integrates Sherpa, Thrust Carbon Functionality
Corporate travel platform Rocketrip has added functionality from Sherpa and Thrust Carbon to its product, the company announced Wednesday. The… Read More »
Hyatt Completes Acquisition of Apple Leisure Group
Hyatt Hotels Corp. announced on Tuesday the completion of its acquisition of Apple Leisure Group. ALG will operate as a… Read More »
Report: U.S. Hotel Construction Pipeline Declines
The U.S. hotel construction pipeline as of Sept. 30 declined 8 percent year over year to 4,837 projects, according to… Read More »
Wyndham: Q3 Blue-Collar Business Travel Strong, Consistent
Demand during the third quarter from Wyndham Hotels & Resorts’ “everyday business travel segments” outpaced the company’s third-quarter 2019 results,… Read More »
SAP Concur Teams with Qualtrics for Sentiment Analysis
Measuring business traveler “feelings”—or “sentiment,” in business parlance—at scale is the goal of a new set of feedback collection and… Read More »
Hilton: Booking Future Group Business a ‘Delicate Balancing Act’
Hilton Worldwide president and CEO Christopher Nassetta sounded very optimistic about his company’s recovery and future demand prospects during a… Read More »