Growth Chart - TrevPAR

Hotels Experience Healthy Growth in Both Bookings and Rate

The transient segment, which consists of individual business and leisure travelers, continues to be the driver of significant growth in the hotel market this...

U.S. Hotels in Profitable Portion of Recovery Cycle

Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in...

Hilton Worldwide Set to Triple Presence in Peru and Chile

Hilton Worldwide announced the signing of an agreement to open eight new Hampton by Hilton properties in Latin America, including four in Peru and...

Carlson Will Take Full Ownership of Carlson Wagonlit Travel

Carlson announced that it has entered into a definitive agreement to acquire from JPMorgan Chase & Co. (JPMC) the 45 percent equity interest JPMC...

FHG Opens New Hyatt Place Hotel

ROSEMONT, Ill.—Hyatt Hotels & Resorts and First Hospitality Group Inc. have opened Hyatt Place Champaign/Urbana. It is the first Hyatt-branded hotel to open in...

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Business Travel

STR: Hotel Industry Posts Positive Performance for First Month of 2020

HENDERSONVILLE, Tenn. — The U.S. hotel industry reported positive results across three key performance metrics during January 2020, according to data from STR. Compared...
Crowne Plaza Atlanta Perimeter at Ravinia - Global Entrepreneurship Network

IHG Added 65,000 Rooms Globally in 2019

This week, IHG reported its 2019 Preliminary Results, including net system size growth of 5.6 percent1, the strongest in over a decade with 65,000...
Resorts World Las Vegas and Hilton

Resorts World Las Vegas and Hilton Partner on $4.3 Billion Resort

LAS VEGAS — Resorts World Las Vegas and Hilton have partnered to bring three of Hilton's brands together for the first time in a...

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