Hotels to Revamp Loyalty Programs in 2024By Angelique PlatasSome hotel companies plan changes to their loyalty programs in 2024, including Hyatt Hotels Corp. and Omni Hotels & Resorts, each company recently... KEEP READING
Best Western to Offer Green Key Sustainability CertificationBy Angelique PlatasBest Western properties in the United States and Canada will offer Green Key Global's sustainability certification organization through a new... KEEP READING
BCD Projects Lower 2024 Fares, Higher Hotel Rates in 'Complex' OutlookBy Angelique PlatasAverage airfares are set to decrease globally in 2024 as the recovery loses "upward momentum," according to a new BCD Travel forecast, which also... KEEP READING
Report: Choice Buying Wyndham Shares, Plans Board FightBy Angelique PlatasChoice Hotels International has purchased Wyndham Hotels & Resorts shares and plans to nominate directors to serve on Wyndham's board as part of its... KEEP READING
HRS Adds Emissions Compensation Extension to Green StayBy Angelique PlatasCorporate lodging platform HRS has launched an extension to its Green Stay Initiative that allows hotels to compensate for "unavoidable emissions"... KEEP READING
FCM Projects Growing Demand, Stabilizing Prices for 2024By Michael B. BakerGlobal travel costs have stabilized, and business travel volumes and budgets are poised to increase in 2024, according to FCM Consulting's Global... KEEP READING
STR: October U.S. Hotel Rates Rise, Occupancy SlipsBy Angelique PlatasAverage daily rate and revenue per available room among U.S. hotels in October increased year over year as occupancy fell, according to hotel analytics... KEEP READING
Wyndham Board Again Rebuffs Choice Acquisition BidBy Angelique PlatasWyndham Hotels & Resorts' board of directors has rejected Choice Hotels International's revised proposal to acquire the hotel company, calling Choice's... KEEP READING
STR Lifts '23 U.S. Hotel RevPAR Outlook on Higher RatesBy Angelique PlatasAverage U.S. daily hotel rates in 2023 trended higher than projected, according to STR and Tourism Economics, which on Monday increased its growth... KEEP READING
CBRE: U.S. Hotel 2024 RevPAR to Improve as Headwinds EaseBy Angelique PlatasFollowing "stiff headwinds" to U.S. hotel demand and pricing power this year, CBRE Hotels Research has lowered projections for 2023 revenue per... KEEP READING
AHLA Survey: Expected '23 Corp. Travel on the RiseBy Angelique PlatasMore than two-thirds of surveyed U.S. business travelers expected to travel for work during the last three months of 2023, as corporate travel... KEEP READING
Tripbam Adds Dynamic Discount Renewal to Hotel Sourcing ToolBy Angelique PlatasCorporate travel reshopping platform Tripbam plans to add new hotel request-for-proposals capabilities to its Smart Sourcing tool next year, including... KEEP READING
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