Lodging Daily News

NEW YORK—Infor announced the release of its new revenue management solution (RMS) for the hospitality sector. The platform is designed to change how hotels and resorts optimize their pricing strategies and manage revenue in a complex, AI-driven market. Infor RMS leverages artificial intelligence and machine learning algorithms to provide hoteliers with control over their pricing and revenue optimization processes. The solution offers features aimed at updating decision-making capabilities, operations, and profitability on multiple revenue centers,

CHICAGO, Illinois—Hyatt Hotels Corporation reported fourth quarter and full year 2024 results. Highlights include: Comparable system-wide hotels RevPAR growth was 5 percent in the fourth quarter and 4.6 percent for the full year of 2024, compared to the same periods in 2023 Comparable system-wide all-inclusive resorts Net Package RevPAR growth was 2.9 percent in the fourth quarter and 4.4 percent for the full year of 2024 Net rooms growth was 7.8 percent for the full

ARLINGTON, Virginia—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Feb. 8, 2025. U.S. Hotel PerformanceFebruary 2-8, 2025Percentage change from comparable week in 2024Occupancy: 55.9 percent (down .5 percent)ADR: $156.03 (down 2.2 percent)RevPAR: $87.22 (down 2.7 percent) Among the Top 25 Markets, New Orleans reported the largest increases in each of the three key performance metrics: occupancy (up 13.6 percent to 74.2 percent), ADR (up 107.1 percent to $485.52), and

Thank You for Your Incredible Support! We are truly blown away by the overwhelming number of nominations we received. Due to the incredible response, we’ve had to close nominations earlier than expected. Thank you for your enthusiasm and support! We will be reaching out soon to those selected to be featured. Stay tuned for more updates—we can’t wait to share this with you!

The robust growth momentum of the extended-stay segment over the last several years was reinforced by a wide range of hotel executives during the Extended Stay Lodging Association (ESLA) Development & Operations Workshop Series. Brand executives and owner/operators alike shared some key strategies and best practices within the segment as they attended ESLA’s inaugural event last month in Atlanta, Georgia. In a session entitled “Brand Selection, Chain Scale, and Operating Strategies,” panelists provided their perspective