U.S. Hotels Gain Incremental Negotiating Strength Over OTAs
NEW YORK—The balance of power has shifted in favor of U.S. hospitality companies in their tenuous relationship with online travel agencies (OTAs), according to...
Choosing Technology To Monitor and Manage a Hotel’s Brand Image
A hotel's brand is one of its greatest assets. It’s why many guests choose a property—they know the brand, know what to expect, and...
Embracing Innovation: How COVID-19 Evolved the Hospitality Technology Landscape
The pandemic forced hoteliers to adapt at a lighting pace, implementing changes across their properties to facilitate safer environments for teams and travelers and...
Hoteliers Look to Streamline and Integrate Technologies at HITEC
With nearly 400 exhibitors at this year’s Hospitality Industry Technology Exposition and Conference (HITEC) in Houston, it was clear that the current hospitality technology...
Gretta Brooks on the Importance of Sales Training in Hospitality
At a time when hotel sales and marketing managers—often under pressure from their management companies or GMs—struggle to adhere to budgets while ADRs stagnate...
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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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