Global News

Brazilian hotel booking site sets sights on US

Those who have had their share of long layovers, delayed flights, arriving too early for check-inÊor even paying too much for a bedÊmight be interested in what HotelQuando.com offersÊweary travelers. The Brazilian hotel booking site has almost single-handedly changed the hotel game in its home country.

HotelQuando.com
Global News

Airbnb a niche-holder, not a hotel nemesis, CEO says

Airbnb founder and CEO Brian Chesky recently discussed the companyÕs competition with traditional hotels, and its future expansion and IPO plans. Mr Chesky said AirbnbÕs competition with traditional hotels is overstated, as it serves a different segment of travelers.

Brian Chesky
Global News

Marriott introduces cost savings to Starwood properties

The merger between MarriottÊand Starwood might have been completed in late September 2016, but that was just the beginning.ÊSince that time, owners and their asset managersÊhave awaited confirmation that related merger expenses would be “net neutral,”Êas initially promised.

Marriott
Global News

Weakening March reservation pace creates new challenges for hoteliers

As North American hoteliers head into the spring season, new commitments that have been added over the last month are down -1.6 percent, and committed occupancy for the first quarter of 2017 through the fourth quarter is down -1.2 percent compared to last year, according to new data from TravelClickÕs March 2017 North American Hospitality Review.

Reservation
Global News

Hoteliers say being bookable and visible online is the number one business focus

A report by the global hotel industryÕs leading cloud platform, SiteMinder, has found that the ability to grow direct bookings and online presence is the top business focus for hotels this year. The finding, documented in SiteMinderÕs Global Hotel Business Index 2017 released this week, is based on more than 2,100 survey responses from hoteliers at both independent properties and hotel groups around the world.

Direct booking
Global News

Hotels among biggest beneficiaries of Trump economic growth

Shorter lease tenor property types, such as hotels, self-storage and apartments would see strongest and most immediate benefit if the Trump administration succeeds in accelerating US economic growth with infrastructure spending and tax and regulatory reforms, according to a new report released by Fitch Ratings.

Trump International Hotel
Global News

Hotel bookings on mobile devices up 67 per cent

Looking to draw new clients? A new study from HotelsCombined points to the continued importance of mobile devices for travelers looking to book their vacation. According to the study, hotel bookings on mobile devices increase 67 per cent in the US in 2016 compared to the previous year.

Mobile booking
Global News

After years of struggle, Club Med eyes growth in China

Club Med is on an expansion tear following its 2015 acquisition by ChinaÕs Fosun Group. The Paris-based originator of the all-inclusive resort plans to open 15 properties and renovate nine over the next three years, with a heavy emphasis on its parent companyÕs home turf.

Club Med Beidahu
Global News

New York hotel market chases recovery

New York City has been working through an enormous hotel construction pipeline for the past several years Ñ the largest in the nation Ñ and one that is expected to keep a lid on rates and room revenue until sometime next year.Ê

NYC
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