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U.S. Hotels Poised for Growth in 2014

ATLANTA, Ga.—After a slight deceleration in growth during the last half of 2013, U.S. hotels should see strong gains in revenues and profits in...
Amadeus

Amadeus Acquires Newmarket International for $500 Million

MADRID—Amadeus, a technology provider for the global travel industry, announced that it is to acquire Newmarket International, a provider of cloud-based group and event...

Study: OTA Loyalty Program Membership Remains Low

In the past five years, online travel sales have grown from $93-Billion to over $160-Billion, with hotel reservations accounting for almost 40 percent of...
direct booking conversion rate

Online Bookings Remain Strong in Third Quarter

NEW YORK—In the third quarter (Q3) 2013, online channels which include Online Travel Agents (OTAs) and hotel websites (Brand.com) continued to experience the most...

Marriott Mobile Check-In Goes Global

Mobile check-in from Marriott Hotels, the signature brand of Marriott International is now available at 20 additional Marriott hotels in 19 countries including United...

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Residence Inn by Marriott Waco/South in Texas

HVMG to Manage Upcoming Residence Inn by Marriott Waco/South

WACO, Texas — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership, and management company, recently announced it was awarded management of...
coronavirus economic impact

HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...

LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
Business person on phone

Hospitality Companies and Their Lenders: Preparing for Difficult Conversations

In a sudden reversal of generally expansionary trends, the hospitality business has been among the most immediate and badly hit economic sectors as a...

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