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  • Next Event

    HITEC EUROPE 2019

    Hospitality Industry Technology Exposition & Conference

    April 10–11, 2019
    Palau de Congressos
    Palma, Mallorca - Spain

  • Upcoming Event

    HITEC MINNEAPOLIS

    Hospitality Industry Technology Exposition & Conference

    Minneapolis Convention Center

    June 17-20, 2019

Wyndham Rewards to Expand With New Features

hotelbusiness.com·Requires Registration 19 February 2019
Wyndham Rewards plans to introduce new features this April, from free nights at thousands of hotels starting at just 7,500 points (half their original redemption cost), to the addition of more than 900 La Quinta hotels, to the ability to earn and redeem points with a host of new and expanded partners.

Optimistic for Centennial, Hilton Sees Revenue Spike in Q4

hotelbusiness.com·Requires Registration 15 February 2019
Hilton Worldwide Holdings Inc. has reported its fourth quarter and full year 2018 results. Earnings increased for the brand while the pipeline slowed a bit in Q4.

Net Revenues, Operating Income Up for MGM in Q4

hotelbusiness.com·Requires Registration 15 February 2019
MGM Resorts International has reported results for the quarter and year ended Dec. 31, 2018. On Jan. 1, 2018, the company adopted the new revenue recognition accounting standard (ASC 606). As such, certain previously reported 2017 numbers have been retrospectively adjusted under the new standard to assist with comparability to the prior period.

How Prefab Bathrooms Can Save Time and Money

hotelbusiness.com·Requires Registration 15 February 2019
A growing number of hotels are using prefabricated bathrooms to speed up construction and offset a skilled labor shortage.

This Student-Led Startup Aims to Disrupt the Hotel Industry

hotelbusiness.com·Requires Registration 15 February 2019
Harsh Patel is the founder of InnTech, a platform designed to automate the check-in process for hotels. Much like others in the hospitality industry, he wears many hats—college student, startup inventor and budding businessman.

In Q4, Wyndham Sees Significant Revenue Uptick

hotelbusiness.com·Requires Registration 14 February 2019
Wyndham Hotels & Resorts’ fourth quarter earnings revealed revenues increased 69% compared with fourth quarter 2017, to $527 million. Net income was $43 million for the quarter and adjusted net income was $57 million—a 50% increase over the prior-year quarter.

Hyatt Reports Strong 2018 Results

hotelbusiness.com·Requires Registration 14 February 2019
Hyatt Hotels Corporation reported that its net income increased 97.5% to $769 million for 2018. Its net income was $44 million, or $0.40 per diluted share, in the fourth quarter of 2018, compared to $213 million, or $1.75 per diluted share, in the fourth quarter of 2017.

Concord Hospitality Celebrates Continued Growth in 2018

hotelbusiness.com·Requires Registration 12 February 2019
Concord Hospitality Enterprises Company added 10 hotels to its portfolio and entered into five new markets in 2018.

Unlock the Revenue Potential of Locals

hotelbusiness.com·Requires Registration 4 February 2019
Leading hotels are boosting profits through a strategic focus on marketing F&B outlets to locals. From rooftop bars and pools to hotspot restaurants and swanky lounges, today’s hotel food and beverage experience looks nothing like that of yesterday. The trends shaping this hospitality renaissance extend well past travelers, and into the daily lives of those guests who aren’t transient: locals.

Study: Payment Choices Affect Travel

hotelbusiness.com·Requires Registration 17 December 2018
More than one third of British, American, Chinese, French and German travelers surveyed globally (36%) are unhappy about not being able to pay the way they want when booking holidays online, according to an online survey of 7,400 consumers by YouGov and ACI Worldwide, a provider of real-time electronic payment and banking solutions.

VoyceFirst Enters Hospitality Space with Voice-Based App

hotelbusiness.com·Requires Registration 21 November 2018
VoyceFirst’s flagship, voice-based app is called “Qvick” and built for seamless hospitality interactions between guests and staff.

New Mobile App for Generator; More Tech Activity...

hotelbusiness.com·Requires Registration 15 November 2018
Generator has launched a new app to bring its guests together, even before they arrive on property, while other companies have launched their own technology or partnered in the sector.

PwC: Industry Expected to Grow at Slower Pace

hotelbusiness.com·Requires Registration 14 November 2018
PwC has released its latest U.S. lodging industry forecast, PwC Hospitality Directions U.S.: November 2018. According to the report, waning fiscal stimulus and resultant deceleration in GDP growth are expected to keep a lid on RevPAR increases by the latter half of 2019.

RLH Corp. Turns to Ideas to Redefine Revenue Strategy

hotelbusiness.com·Requires Registration 13 November 2018
RLH Corporation has prescribed a transformational goal for itself: build a culture around commercial revenue strategy and adopt technology that breaks down organizational silos across sales and marketing. The company is working with Ideas Revenue Solutions to take a disruptive approach to proactively optimize revenue and create a competitive advantage, according to the company.

Extended-Stay Occupancy Stays Near Record High Despite Signs of Cyclical Slowdown

hotelbusiness.com·Requires Registration 12 November 2018
In the third quarter of 2018, extended-stay hotel supply and demand posted their slowest quarterly increases in two years, according to The Highland Group’s “2018 Third Quarter U.S. Extended-Stay Lodging Market Report.”

TripAdvisor Reports Strong Q3 Results

hotelbusiness.com·Requires Registration 8 November 2018
TripAdvisor Inc. reported results for what it called a strong third quarter for the company.

Should you invest in EV charging?

hotelbusiness.com·Requires Registration 7 November 2018
Drive around the parking lot at the local mall or train station, and you’re likely to find parking spots designated for electric vehicles, often in prime positions. EV charging stations are becoming commonplace throughout the United States, as drivers switch over to vehicles that are more efficient and better for the environment. But should your hotel offer EV charging stations for guests?

Columbus, OH: 'Stable, with a steady trajectory

hotelbusiness.com·Requires Registration 7 November 2018
Driven by OSU and the state capital, the city’s economy is fairly healthy, and so is the hotel market within the city’s borders. RevPAR and ADR are expected to increase by year-end 2018. On the decline is occupancy. All in all, the city’s hotel market is expected to grow next year—mainly due to the city’s resurgence.

AAHOA, HotStats Form Partnership

hotelbusiness.com·Requires Registration 7 November 2018
AAHOA, the largest hotel owners association in the world, and HotStats, a monthly profit-and-loss data benchmarking service for the hospitality industry, have formed a strategic partnership that will focus on information sharing and engagement between AAHOA members and HotStats.

With TravelClick Acquisition, Amadeus Expands Its Reach

hotelbusiness.com·Requires Registration 6 November 2018
Amadeus’ presence in the hospitality sector has grown, following the purchase of TravelClick for $1.52 billion in August.

RLH Corp. Franchise Revenues Rise to $15.1M in Q3

hotelbusiness.com·Requires Registration 6 November 2018
RLH Corp. has reported third quarter 2018 results. Some of highlights from the earnings report include the following: franchise revenue rose to $15.1 million, up 19.1% year-over year; as of Sept. 30, the company sold nine hotels, which generated gross proceeds of more than $116 million; and RLH Corp. has executed 132 franchise agreements against its target of 150 to 200 for 2018, in addition to the Knights Inn franchises acquired in May 2018.
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Avvio Details How Hoteliers Can Drive Direct Bookings

hotelbusiness.com·Requires Registration 6 November 2018
"Technology isn’t just progressing quickly right now, it is leaping through huge evolutions,” wrote Rich Tuckwell-Skuda, president of Avvio North America and member of the HX: Hotel Experience Board of Advisors for Sales, Marketing and Education, in his new whitepaper for the industry, The Connected Hotelier.

In Q3, Park Hotels & Resorts' RevPAR Increases 2.6%

hotelbusiness.com·Requires Registration 5 November 2018
Park Hotels & Resorts Inc. revealed a 2.6% uptick in RevPAR for its third quarter earnings results and continues to make headway on strategic initiatives.

Stronger Business Travel Leads to Profit-Per-Room Bounce, Study Shows

hotelbusiness.com·Requires Registration 5 November 2018
A bump in corporate travel at the end of the third quarter proved enough to boost GOPPAR and serve as a harbinger of continued strength in the hotel industry as it moves into the fourth quarter. Profit per room at hotels in the U.S. in September was more than $20 above the GOPPAR recorded in August, according to the latest data tracking full-service hotels from HotStats.

Wyndham Destinations Reports 28% Income Increase in Third Quarter

hotelbusiness.com·Requires Registration 1 November 2018
Wyndham Destinations Inc., the world’s largest vacation ownership and exchange company, reported reported strong third quarter 2018 financial results.

Wyndham's Third Quarter Yields Positive Results

hotelbusiness.com·Requires Registration 31 October 2018
Wyndham’s first full quarter as an independent public company yielded positive results at the high end of the brand’s guidance, with adjusted EBITDA of $166 million and further adjusted EBITDA of $177 million.

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