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Hyatt Looks to Make More Deals

Following reports of the company’s Q1 earnings, it’s become apparent that Hyatt Hotel Corp is eager to continue its dealings in the hotel transaction market. According to Hyatt’s CEO Mark Hoplamazian, the company is more interested in “asset recycling” than ...

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Accommodations Sector Loses 1,200 Jobs in April

U.S. private-sector franchise jobs increased by 14,100 during the month of April, according to the ADP National Franchise Report. The restaurant segment drove franchise employment growth, adding 17,700 jobs, whereas the accommodations sector lost 1,200 jobs. In addition, private sector ...

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Healthy Demand Amid Construction Boom

Following nearly six years of solid RevPAR growth, new hotel construction is reaching record levels. According to hospitality experts, healthy demand should drive positive fundamentals for the next two to three years, but new construction projects could have an impact ...

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Hotels Encourage Direct Booking

Across the country, big chains and boutique properties alike are more focused than ever on getting guests to book hotel rooms direct, rather than through a third party. Incentives such as lower rates, increased points toward rewards programs, and even ...

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Starwood Profit Beats Expectations

Quarterly earnings reports continue to roll in from major hotel industry players this week. Starwood Hotels & Resorts Worldwide today reported better-than-expected first quarter earnings as it works toward closing its merger with Marriott International. “We had a very strong ...

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Hotel Brands with Most Loyal Guests Identified

New York-based research company Brand Keys has released its 21st annual Customer Loyalty Engagement Index, which examined 35 hotels across the economy, midscale, upscale, and luxury segments to study how each engages guests and seeks loyalty. To discover which hotels ...

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