Hotels.com Reveals Mobile Booking Trends
DALLAS—Mobile devices have become an integral part of the travel experience. Since 2011, Hotels.com has had over 20 million downloads of its mobile hotel...
Sol Wave House Promotes Tweet Experience
As more millennials travel for both business and leisure, hotels are trying to stay on top of trends to make sure these younger consumers...
Transient Continues to be Key Driver of Hotel Growth
NEW YORK—As hotels experience growth in both occupancy and average daily rate (ADR), the transient segment —made up of individual business and leisure travelers—continues...
Skyscanner Acquires Hotel Search Company Fogg
EDINBURGH, Scotland—Global travel search site Skyscanner has acquired Fogg, a Barcelona-based company focused on making internet hotel search simpler and faster.
The acquisition is a...
U.S. Lodging Sector Performance Remains Favorable
NEW YORK—PwC US anticipates that positive momentum in travel activity will continue to boost revenue per available room (RevPAR) in 2013, despite the recent...
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Colony Capital to Sell Six Hospitality Portfolios Totaling 197 Hotels to Highgate
LOS ANGELES — Colony Capital, Inc., announced it has entered into a definitive agreement to sell six of its hospitality portfolios to Highgate, a...
HotStats: August Proves Positive Month for Regions Outside U.S.
LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...
STR: Improvements in U.S. Hotel Profitability Slow in August
BROOMFIELD, Colorado—Improvements in U.S. hotel profitability metrics slowed in August 2020, according to STR‘s latest monthly P&L data release.
In a year-over-year comparison with August...
