Amadeus: Hotel Occupancy Soars This Holiday Season
As the world heads toward the holiday season, hoteliers are preparing for demand as people look to travel over Christmas and New Year’s Eve....
AAA: Thanksgiving Travel to Increase 2.3 Percent Over 2022
WASHINGTON, D.C.—AAA projects 55.4 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period. This year’s Thanksgiving forecast...
AHLA: Business Remains Strong for Hotels Through the End of 2023
WASHINGTON—The business outlook for hotels remains strong for the remainder of 2023 thanks to an uptick in business travel and a healthy preference among...
IDeaS Finds Six Technology Predictions Shaping the Hotel Industry in 2024
MINNEAPOLIS—IDeaS released Future Forecast: Six Hotel Technology Predictions for 2024, which includes six hotel technology predictions that it believes will shape the year to...
Tripadvisor: Winter Travel Data Remains On Par With Last Year
NEEDHAM, Massachusettes—Tripadvisor’s Winter Travel Index reveals that 58 percent of U.S. respondents will travel this season. Though the findings are on par with Tripadvisor’s...
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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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