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Drazen_ via Getty Images
Hospitality trends that drove RevPAR gains, pipeline growth in Q2
Heightened group travel boosted revenues for several hotel companies, while conversions and extended stay remained top of mind for developers.
By Jenna Graber • Aug. 9, 2024 -
Uriel Sinai via Getty Images
OpinionSummer travelers prefer hotels over Airbnb. Here are six strategies to capture market share.
Hotels can ensure success this summer by delivering on brand promises, understanding guests’ expectations and personalizing experiences.
By Rachael Ricketts • Aug. 7, 2024 -
Courtesy of Mr & Mrs Smith
Hyatt posts RevPAR, net rooms growth in Q2
In the quarter, the company added rooms from its Mr & Mrs Smith acquisition, and another boutique hotel brand deal may be on the horizon.
By Jenna Graber • Aug. 6, 2024 -
Courtesy of My Place Hotels
Q&AMy Place Hotels CEO talks evolution of extended stay, breaking the mold
With a long family history in hospitality, Ryan Rivett shares his outlook on the “desirable” extended stay segment and his strategy for My Place as it celebrates 10 years of franchising.
By Jenna Graber • Aug. 5, 2024 -
Permission granted by ZS
Sponsored by ZSFor travelers today, it’s (still) all about value—but what do they value in a hotel?
The overarching question these days is: Are hotels able to deliver the same value as they did prior to the pandemic?
By Kelly McGuire, Russell Evans, Satvika Ananthanarayan and Brandon Rufer • Aug. 5, 2024 -
Courtesy of Marriott International
Luxury, group travel in Las Vegas drove Q2 gains for MGM
The resort operator said room rates on the books in Sin City are higher for the third quarter as well, but Formula 1 in Q4 is “off to a soft start.”
By Jenna Graber • Aug. 1, 2024 -
JHVEPhoto via Getty Images
Group travel, hotel conversions bright spots for Marriott in Q2
The hotel company saw increased RevPAR as well as portfolio growth in the second quarter of 2024, with both corporate traveler and developer momentum remaining strong.
By Jenna Graber • July 31, 2024 -
Robert Mora via Getty Images
Vegas brings Q2 growth for Caesars, despite ‘terrible’ April start
The company’s CEO said the first month of the quarter was rough for its regional segment, but heightened ADRs in Las Vegas show promise for a “strong” second half.
By Jenna Graber • July 31, 2024 -
EXTREME-PHOTOGRAPHER via Getty Images
Q&AAccor exec talks new council ‘shaping the future of corporate travel’
Chief Sales Officer Sophie Hulgard discusses the priorities of Accor’s newly formed Global Leadership Council, including traveler well-being, sustainability and cost optimization.
By Noelle Mateer • July 30, 2024 -
Archive Photos via Getty Images
OpinionHow hoteliers can leverage their tech stacks during the busy travel season
From loyalty programs to strategic marketing, the effective use of technology can improve the guest experience and optimize hotel revenue.
By Mo Chaar • July 25, 2024 -
Courtesy of Wyndham Hotels & Resorts
Wyndham’s pipeline hits record high in Q2, ‘lots of deals’ on horizon
CEO Geoff Ballotti said hotel owners are “more receptive” to deals, including for the company’s Echo Suites extended stay brand, after Choice ended its acquisition pursuit.
By Jenna Graber • July 25, 2024 -
Retrieved from Coury Hospitality on June 02, 2023
Coury launches hospitality management company aimed at core brands
The new venture, Concert Hospitality, will allow Coury Holdings to manage “a more diverse range of investments,” according to CEO Paul Coury.
By Noelle Mateer • July 17, 2024 -
Courtesy of MullenLowe
Marriott unveils digital tools to ease business travel planning, booking
Business Access by Marriott Bonvoy was designed to simplify the travel management process for small- to medium-sized businesses, which report frustrations with current platforms.
By Jenna Graber • July 9, 2024 -
opolja via Getty Images
Top hospitality C-suite appointments of Q2 2024
CEO, CFO, COO, oh my! In Q2, companies including Wyndham, Loews and Aimbridge made leadership changes set to impact operations.
By Jenna Graber • June 25, 2024 -
Kobus Louw via Getty Images
How hoteliers can address evolving challenges in hospitality: report
Tech integration and training can help hotels streamline operations, drive direct bookings and improve the guest experience, per NYU’s Jonathan M. Tisch Center of Hospitality.
By Jenna Graber • June 24, 2024 -
Dimensions via Getty Images
Opinion3 ways hotels can streamline operations this summer
As the busy season ramps up, hoteliers should consider strategies for keeping their workflows streamlined and their guests safe.
By Kevin Lane • June 12, 2024 -
Courtesy of Pyramid Global Hospitality
Pyramid Global Hospitality expands luxury lifestyle, resort portfolios
The hotel management company has added 12 properties in markets including Florida, Arizona and Maryland to its roster in 2024 alone.
By Noelle Mateer • June 11, 2024 -
Courtesy of TGI Fridays
Why TGI Fridays expects hotels to be a growth channel
The full-service chain, which opened a unit inside Hilton Garden Inn in Hollywood, California, says converting generic restaurants inside hotels decreases time and cost to develop.
By Julie Littman • June 6, 2024 -
Sam Edwards via Getty Images
Stonebridge names Rob Smith president and CEO
The hotel industry veteran jumps ship from management company Aimbridge Hospitality to assume the leadership position.
By Jenna Graber • May 31, 2024 -
Courtesy of Hilton
First Hospitality brings 3 Hilton lifestyle hotels under management
Among other hospitality management companies expanding in the segment, First Hospitality grows its 70-hotel portfolio to roughly 35% lifestyle properties.
By Jenna Graber • May 28, 2024 -
Christopher Furlong via Getty Images
Hotel operator, tech provider OYO plots US expansion with 250 hotels
The India-based hospitality technology company will grow its footprint in domestic markets with “strong growth potential,” including in Florida, Nevada and California.
By Jenna Graber • May 6, 2024 -
Retrieved from Concord Hospitality on April 23, 2024
Concord Hospitality appoints Will Loughran chief operating officer
The 30-year industry veteran will take over for Nick Kellock, who is retiring next month.
By Jenna Graber • April 23, 2024 -
Hohenhaus via Getty Images
OpinionWhat hotel managers can do to fight germs
Smart design choices can keep hotel rooms clean and better cater to health- and wellness-minded guests.
By Philip Tierno, Jr. • April 15, 2024 -
Courtesy of Wyndham Hotels & Resorts
Wyndham appoints CIO Scott Strickland as chief commercial officer
Heading a newly created commercial organization, the company veteran will focus on Wyndham’s technology strategy and oversee global sales, revenue generation, marketing and loyalty.
By Jenna Graber • April 9, 2024 -
dibrova via Getty Images
TPG Hotels & Resorts joins competitors in Dallas with new operations HQ
TGP President and COO Ben Perelmuter said the pool of hospitality talent in the Texas metro area has made it “the nation’s hub for leading hospitality management firms.”
By Jenna Graber • March 25, 2024
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