Online Shopping for Travel Increases, But Conversion Rates Remain Low
Duetto’s latest Pulse Report, which tracked key hotel metrics from September 7-20, shows some considerable increases in web traffic across the North and Latin...
MGM Resorts Lays Out Health and Safety Plan for Meetings and Conventions
LAS VEGAS — MGM Resorts International this week announced a plan designed to facilitate the safe return of meetings and conventions at the company's...
The Hotel Industry Cash Crunch
The hotel industry has found itself in perhaps the most significant liquidity crisis it has ever faced. As the industry reports second-quarter numbers, with...
New Rules: Rewriting the Hotel Development Playbook
This time last year, some of the biggest challenges facing hotel developers were high labor costs, brand fatigue, and market competition. The industry’s circumstances...
Recovery Patterns From Historical Recessions
Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...
Most Popular
Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
Advertisement