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Online Reviews Are Leveling Hotel Sales

Customers have always known what to expect when choosing branded hotels. With more information and reviews online, brand-name hotels are beginning to lose revenue. Reviews are leveling sales between independently owned properties and chains that generally rely on loyalty programs ...

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La Quinta Considers Spin Off Sale

La Quinta Holdings may soon explore a sale that would keep franchise and management operations in place, according to Reuters. The company may spin off real estate assets and could file with the U.S. Securities and Exchange Commission as soon ...

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REPORT: April 2017 U.S. Hotel Pipeline

According to STR’s April 2017 Pipeline Report, there are 4,843 hotel projects—encompassing 580,427 rooms—under contract in the U.S. This is a 14.7 percent increase in the number of rooms under contract from April 2016. The report also noted that there ...

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Are Loyalty Member Rates Cost Effective?

In their attempts to avoid comissions paid to online travel agencies, hotels are rolling out more initiatives that encourage guests to book rooms directly. One of these strategies involves offering guests loyalty member rates for booking direct on a brand’s ...

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Generator CEO Resigns After Acquisition

Just last week after Queensgate Investments closed a $480 million acquisition of Generator Hostels, Generator CEO Fredrik Korallus resigned. Queensgate announced today that Alastair Thomann will serve as the new CEO and Andre Guettouche will serve as COO. Korallus said ...

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Rising Hotel Prices May Signal Inflation

Recent data from the producer price index (PPI) indicates that inflation may have returned. An April PPI jump of 0.5 percent (up 2.5 percent year-over-year) means that consumers may continue to pay more for goods and services—from food to hotels. ...

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