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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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High-end NYC Hotels House Homeless

With space in homeless shelters extremely limited, New York City has been increasingly falling back on booking hotel rooms to get a roof over people’s heads. And, some of the hotels tapped by the city are high-end properties like the New Yorker, the ...

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AccorHotels Partners with Travelsify

AccorHotels has started working with Travelsify—a startup that analyzes hotels reviews to find what guests are looking for when booking a hotel—to launch a “MoodMatch” search function on its website. Available now in France and the U.K., MoodMatch lets guests book ...

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Laptop Ban Not Deterring Bookings

According to Abu Dhabi-based airline Etihad Airways, the U.S. ban on electronic devices larger than a mobile phone on flights direct form the Middle East, North Africa, and Turkey is not negatively impacting bookings, which remain healthy. To read more, click ...

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Global Pipeline Shows Steady Increase

The Lodging Econometrics (LE) Global Construction Pipeline Trend Report stated that the Total Pipeline ended 2016 with 11,776 projects/1,962,676 rooms, up 6 percent by projects Year-Over-Year (YOY). There were 5,504 projects/1,012,987 rooms under construction, up 4 percent by projects YOY. ...

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