Choice Hotels Beat Analysts Estimates With Room Revenue a Standout

Choice Hotels reports that its domestic room revenue in the third quarter outpaced that of rivals. The chain beat analysts' expectations on profits and revenue, too. Not a bad quarter.

14 hours ago

Hilton CEO: ‘We’re Doing Just Fine’ and the HNA Deal Will Make Us Even Stronger

While the third quarter didn't meet revenue growth expectations for Hilton, the company still has its eyes focused on the future, especially with its new deal with HNA and its pending spin-off transactions.

16 hours ago

Wyndham Is Betting on the Sharing Economy for Its Success

Wyndham Worldwide, like its peers, is betting big on loyalty, but unlike its peers, it plans on keeping its timeshare and vacation rental businesses all together, instead of spinning them off like others have.

17 hours ago

Hilton Posts Strong Q3 Results but Misses on Revenue Growth

While Marriott has taken the spotlight recently, Hilton Worldwide is still growing at a steady clip -- and has a new Chinese investor to advance the chain's agenda.

2 days ago

Wyndham Q3 Beats Profit Forecasts, Falls Short on Revenue Expectations

Despite Wyndham's revenue miss, the hotel chain produced a nice uptick in its Wyndham Rewards credit card program. That's a nice bright spot since the loyalty program is getting a lot of focus these days.

2 days ago

Wyndham Expands Loyalty Program to Its Vacation Rentals and Timeshares

This is a much smarter, more thought-out move on Wyndham Rewards' part, compared to its failed attempt to woo away Starwood Preferred Guest members a few weeks ago. Drawing on its parent company's strong portfolio of vacation rentals and timeshares gives Wyndham Rewards an edge in attracting travelers who desire a wider variety of accommodations when they travel.

2 days ago

Video: Club Med CEO on Upscaling the All-Inclusive

Sometimes size and scale distract from a company's mission. Club Med's CEO has learned that it's better to zero in on a target market and serve them well rather than cast a too-wide net.

2 days ago

Rezidor Cutting Costs to Cope With Tough European Environment

Like other global hotel companies with a high exposure in Europe, Rezidor continues to struggle in part because of continued security concerns. Those running the company will be hoping that the likes of France and Turkey bounce back soon.

2 days ago

Extended Stay America Beats Analysts’ Q3 Estimates

The extended stay sector seemingly continues to sizzle as evidenced by Extended Stay America's third quarter of 2016 results.

3 days ago

Video: Starwood’s Former CEO on Not Being Devoured by Disruption

Travel brands want to think they have a clear view of where competition is coming from, but it often takes distance to understand the true threats.

3 days ago

CMO Interview: Understanding Omni Hotels’ Pivot Toward Experiential Meetings

By owning its 60 properties, Omni Hotels feels it has more quality and consistency control over the meeting planner sales experience, and more impact on delivering local experiences for meeting attendees.

3 days ago

Citing Security Concerns, U.S. Officials Block Anbang’s Purchase of an Iconic Hotel

This isn't exactly the outcome Blackstone or Anbang was hoping for, but the mostly completed Strategic Hotels deal now means Anbang has more U.S. hotel investments to its name, and reaffirms its position as a major player in hotel deals that have yet to emerge.

3 days ago