Ctrip's Global Push Starts to Pay Off in Diversified Revenue Streams
Ctrip's Global Push Starts to Pay Off in Diversified Revenue Streams

skift.com - Digital · 23 May

The more Ctrip internationalizes its sources of revenue, the more it will cross swords with global players like Booking Holdings, which owns a small

MakeMyTrip revenue and bookings up more than 25%, operating losses down more
MakeMyTrip revenue and bookings up more than 25%, operating losses down more

PhocusWire · 21 May

Operating losses have decreased and revenue and bookings are up for India's largest online travel agency, MakeMyTrip.

Average Daily Rate for U.S. Hotels Reaches 2011 Low by One Measure
Average Daily Rate for U.S. Hotels Reaches 2011 Low by One Measure

Business Travel News (BTN) · 20 May

The 12 months ending in April mark the first time since early 2011 that the 12-month rolling average for U.S. hotel average daily rate growth stands

MGM Reports it Might Pay Up to $800 Million in Mass Shooting Settlement
MGM Reports it Might Pay Up to $800 Million in Mass Shooting Settlement

Smart Meetings · 17 May

MGM resorts might have to pay $735 to 800 million to settle liability lawsuits for the shooting that took place at the property's Mandalay Bay in 201

PwC: Industry records lowest Q1 RevPAR growth since 2010
PwC: Industry records lowest Q1 RevPAR growth since 2010

Hotel Management · 16 May

Despite Q1 coming in "below expectations," PwC predicts the industry will remain on stable footing through 2020.

HVS Continues to Expand Its Presence in Latin America
HVS Continues to Expand Its Presence in Latin America

HVS News · 16 May

HVS CEO Stephen Rushmore Jr. and HVS Americas President Rod Clough are pleased to announce that the firm's Mexico City practice has assumed responsib

Marriott's U.S. hotels hit rough patch in Q1 >>?
Marriott's U.S. hotels hit rough patch in Q1 >>?

hotelmarketing.com · 12 May

Marriott reported relatively modest North American RevPAR growth of 0.8% in the first quarter, with performance negatively impacted by a confluence o

The 2019 LIIC Top Ten — Hotel Real Estate: Mostly Sunny Days Clouded by Labor Issues
The 2019 LIIC Top Ten — Hotel Real Estate: Mostly Sunny Days Clouded by Labor Issues

JMBM · 9 May

Yesterday, we kicked off Meet the Money® 2019 – the National Hotel Finance & Investment Conference hosted by JMBM’s Global Hospitality Group® – with

Sabre Announces Milestone Migration of La Quinta by Wyndham to SynXis Platform
Sabre Announces Milestone Migration of La Quinta by Wyndham to SynXis Platform

Hotel Online · 2 May

Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, announced recently that it has successfully complete

Investment bubbles or the reality of the private accommodation sector?
Investment bubbles or the reality of the private accommodation sector?

PhocusWire · 2 May

Selina’s announcement last week of $100 million in Series C funding has sparked discussions of an alternative accommodation investment bubble.

HVS Brokerage & Advisory Closes on the Sale of Comfort Suites near Texas Medical Center/NRG Stadium in Houston, TX
HVS Brokerage & Advisory Closes on the Sale of Comfort Suites near Texas Medical Center/NRG Stadium in Houston, TX

HVS News · 24 Apr

HVS Brokerage & Advisory announced today that it has closed on the sale of the 55-key Comfort Suites near Texas Medical Center/NRG Stadium for an und

CMO spend on analytics expected to double in next three years, despite overall economic uncertainty
CMO spend on analytics expected to double in next three years, despite overall economic uncertainty

clickz.com · 23 Apr

Recent research shows marketing spend on analytics forecast to double in the next three years, despite CMO optimism about the economy at lowest level

Hotel Performance Remained Flat in March & Rose Slightly for All of Q1
Hotel Performance Remained Flat in March & Rose Slightly for All of Q1

Business Travel News (BTN) · 23 Apr

The U.S. hotel industry posted mostly flat year-over-year results in March for its three key performance metrics, according to STR. Occupancy remaine

Revenue Is Rising, But Collecting Is More Challenging
Revenue Is Rising, But Collecting Is More Challenging

CBRE Hotels · 19 Apr

According to STR, U.S. hotels achieved all-time high levels of occupancy, ADR, and RevPAR in 2018. While a record number of guests are staying at hot

Rising costs hurt Europe hotel profits in Februrary
Rising costs hurt Europe hotel profits in Februrary

Hotel Management · 16 Apr

Despite slight upticks in revenue per available room (RevPAR) and total RevPAR, profit per room at hotels in mainland Europe fell in February, unmask

America's Hoteliers Endorse JOLT Act
America's Hoteliers Endorse JOLT Act

Hotel Interactive · 12 Apr

AAHOA Interim President and CEO Rachel Humphrey issued the following statement in response to the introduction of the Jobs Originating through Launch

U.S. Consumer Prices Jump 0.4% in March
U.S. Consumer Prices Jump 0.4% in March

CFO Magazine · 10 Apr

U.S. consumer prices increased by the most in 14 months in March but the core measure slipped to its lowest level in a year, indicating inflation pre

Uganda Deals With Bad Publicity After U.S. Tourist Abduction
Uganda Deals With Bad Publicity After U.S. Tourist Abduction

skift.com - Destinations · 9 Apr

President Donald Trump's effort to score domestic political points with Twitter-based diplomacy makes addressing the problem of traveler security and

HFTP Partners with HotStats on the Global Hospitality Accounting Common Practices Database
HFTP Partners with HotStats on the Global Hospitality Accounting Common Practices Database

HFTP · 8 Apr

Hospitality Financial and Technology Professionals (HFTP®) has announced a partnership with HotStats to manage the Global Hospitality Accounting Comm

Deloitte: CFOs Anticipating a Slowdown, But Not a Recession
Deloitte: CFOs Anticipating a Slowdown, But Not a Recession

Lodging Magazine · 3 Apr

Deloitte today released the results of its CFO Signals survey for Q1 2019, which tracks the thinking and actions of CFOs who work for North America’s

Industry reactions to 'modest' 2019 Federal Budget
Industry reactions to 'modest' 2019 Federal Budget

hotelmanagement.com.au · 3 Apr

Tourism as an industry has fared well from the 2019 Federal Budget, with industry bodies representing the sector overall and the accommodation indust

Tourists Bring In $20 Billion To State'S Pocket Each Year
Tourists Bring In $20 Billion To State'S Pocket Each Year

Hospitality Times · 2 Apr

Experts say visitors spend at least $24 billion in our state every year. Tourism brought in over $580 million to Wilmington in 2017 and employed 6,80

U.S. Retail Sales Take Surprising Dip in February
U.S. Retail Sales Take Surprising Dip in February

CFO Magazine · 1 Apr

U.S. retail sales fell for the second time in three months in February, signaling economic growth for the first quarter will be tepid despite a surge

American Express GBT Reports No Major Indigestion After 2 Big Acquisitions
American Express GBT Reports No Major Indigestion After 2 Big Acquisitions

skift.com - Travel Services · 28 Mar

It's one thing to buy a competitor, and another to successful integrate its systems. American Express Global Business Travel has had to do it twice i

Skift Forum Europe: London & Partners CEO on Promoting Tourism in the Age of Brexit
Skift Forum Europe: London & Partners CEO on Promoting Tourism in the Age of Brexit

skift.com - Destinations · 28 Mar

London is one of the world's most popular tourist destinations so attracting visitors isn't really a problem. What the city needs to ensure is that l

U.S. ADR Grew Less Than 2 Percent YOY in February
U.S. ADR Grew Less Than 2 Percent YOY in February

Business Travel News (BTN) · 20 Mar

U.S. hotel occupancy, average daily rate and revenue per available room all increased year over year in February, according to STR. Occupancy grew 0.