Staying Ahead of Distribution Technology
Technology and the ever-evolving online distribution landscape have transformed the way travelers are booking their trips. This makes it an exciting time for consumers...
How Online Hotel Distribution Works
Few aspects of the hotel industry are as overwhelming as understanding GDS, OTA, PMS, and online distribution. With a few quick tips, hoteliers can work to take over...
Overcoming Obstacles in the Distribution Landscape
To keep up with the shifting distribution landscape, hoteliers better start their engines, because the race is on. “It’s a race of who can...
U.S. Hotels Gain Incremental Negotiating Strength Over OTAs
NEW YORK—The balance of power has shifted in favor of U.S. hospitality companies in their tenuous relationship with online travel agencies (OTAs), according to...
Online, Mobile Bookings Strengthen Hotel Performance
NEW YORK—Hotel industry performance is strengthening, with Q1 2016 revenue per available room (RevPAR) increasing 1 percent year-over-year, fueled by online and mobile bookings....
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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