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April Festivals Drive SoCal Hotel Industry

April’s Coachella and Stagecoach Festivals not only attract big names in music and art to Southern California, but also the crowds of festival-goers that fill area hotel rooms. Data from Expedia shows that ADRs hit record highs and occupancy soars during ...

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Journal Hotels Launches With Six Properties

Veteran hotelier Stephen Brandman and the owners of the Hollywood Roosevelt hotel have announced the creation of Journal Hotels, a new brand that will launch with six historic properties in its portfolio. These hotels will be rebranded as Journal properties over ...

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Two-thirds of Travel Websites Found To Be Unreliable

An investigation conducted by the European Commission has determined that two-thirds of travel websites are misleading travelers. Many of the sites would advertise prices that were not available or add on extra charges at a later fee in the booking process. ...

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Moody’s Releases U.S. Earnings Growth Forecast

Moody’s reports on recently released U.S. lodging and cruise data. Key highlights include: Expectations remain stable for the industry, with Moody’s analysts anticipating adjusted EBITDA to grow 4 percent to 6 percent in 2017—a slower growth rate than the robust 9.4 ...

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Hotel Tech Moves to the Cloud

According to a report from purchasing advice company Software Advice, hotels are increasingly looking to cloud-based systems to help improve processes. The report notes that 96 percent of hotel software buyers are now looking for a cloud-based system due to ...

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