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Travelers Choosing Mobile Booking Over Desktop

Travel sales booked via desktop will continue to decline as digital travel bookers favor mobile devices, a new report from eMarketer shows. In 2016, U.S. mobile transactions will reach an estimated 51.8 percent, up from 43.8 percent in 2015. As ...

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AH&LA’s Trend Report Shows Strong Performance

AH&LA’s Trend Report Shows Strong Performance

WASHINGTON, D.C.—The American Hotel & Lodging Association (AH&LA) today released a new Lodging Industry Trends report that underscores the industry’s steady pace of job creation, community development, and increased tourism and travel across the United States. The latest figures show ...

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W.P. Carey Acquires Six Courtyard Hotels

W.P. Carey Acquires Six Courtyard Hotels

NEW YORK—W. P. Carey Inc., a real estate investment trust specializing in corporate sale-leaseback and build-to-suit financing, and the acquisition of single-tenant net lease properties, announced that it has acquired a portfolio of six Courtyard by Marriott hotels for approximately ...

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Luxury Collection Restores St. Anthony Hotel

Luxury Collection Restores St. Anthony Hotel

SAN ANTONIO—The Luxury Collection Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc., today announced, together with its owner partner BC Lynd, the completion of a multi-million dollar restoration of the historic St. Anthony hotel. Built in 1909 ...

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Why the Hotel Industry Is Not Afraid of Airbnb

Although Airbnb is worth more than any current hotel chain at $25 billion, hotels are not too frightened by the threat it poses for a number of reasons, according new research from Morgan Stanley. One reason is that the hotel ...

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