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Year-End Results Show Positive Industry Uptick

Year-End Results Show Positive Industry Uptick

End-of-the-year earnings statements released by major hotel companies show that the industry ended 2013 on a positive note, with gains in RevPAR, occupancy, and ADR. Although some companies saw a drop in fourth-quarter revenues, year-end results for the majority remained ...

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Marriott Opens 317 Room Hotel in Shanghai

Marriott Opens 317 Room Hotel in Shanghai

SHANGHAI—Marriott International continues its expansion in China with the opening of the 317-room Shanghai Marriott Hotel Parkview, bringing the total number of properties in China under the flagship Marriott Hotels brand to 15. Marriott International manages the Shanghai Marriott Hotel ...

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Courtyard Hotel To Open In Wilmington, N.C.

Courtyard Hotel To Open In Wilmington, N.C.

WILMINGTON, N.C.—Courtyard by Marriott is launching a hotel in Wilmington, N.C. This is the newest Courtyard in the area featuring the Refreshing Business lobby environment. Along with media pods, WiFi, and a variety of seating zones, the redefined space is ...

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Hotel Companies and OTAs Win Price-Fixing Lawsuit

On Tuesday, Starwood, IHG, and Marriott, along with online agencies including Expedia, Orbitz Worldwide, and Priceline won the dismissal of the lawsuit that accused the companies of price fixing. According to this article from Skift.com (reported by Reuters), U.S. District ...

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