Business Travel: Page 3
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Courtesy of Hilton
Group travel growth buoys Hilton’s Q2
Meanwhile, its system surpassed 8,000 hotels in July, CEO Chris Nassetta shared — also claiming that Hilton has more rooms under construction than any other hotel company.
By Noelle Mateer • Aug. 7, 2024 -
Courtesy of Mr & Mrs Smith
Hyatt posts RevPAR, net rooms growth in Q2
In the quarter, the company added rooms from its Mr & Mrs Smith acquisition, and another boutique hotel brand deal may be on the horizon.
By Jenna Graber • Aug. 6, 2024 -
Courtesy of Marriott International
Luxury, group travel in Las Vegas drove Q2 gains for MGM
The resort operator said room rates on the books in Sin City are higher for the third quarter as well, but Formula 1 in Q4 is “off to a soft start.”
By Jenna Graber • Aug. 1, 2024 -
JHVEPhoto via Getty Images
Group travel, hotel conversions bright spots for Marriott in Q2
The hotel company saw increased RevPAR as well as portfolio growth in the second quarter of 2024, with both corporate traveler and developer momentum remaining strong.
By Jenna Graber • July 31, 2024 -
EXTREME-PHOTOGRAPHER via Getty Images
Q&AAccor exec talks new council ‘shaping the future of corporate travel’
Chief Sales Officer Sophie Hulgard discusses the priorities of Accor’s newly formed Global Leadership Council, including traveler well-being, sustainability and cost optimization.
By Noelle Mateer • July 30, 2024 -
Sean Gallup via Getty Images
Global business travel spending to surpass $2T by 2028: GBTA
Corporate travel expenditure this year will hit a record $1.48 trillion, according to a new report, signaling “a new era of post-pandemic stabilization.”
By Noelle Mateer • July 24, 2024 -
Scott Olson via Getty Images
Corporate travel spend is up this year: Deloitte
A vast majority of business travelers enjoy the experience, but higher prices continue to impact their plans, according to a new report.
By Noelle Mateer • July 18, 2024 -
dszc via Getty Images
Deep Dive // Hot MarketsMarket Spotlight: Phoenix
Sports tourism and a flourishing manufacturing sector are driving hotel performance gains as well as investor and developer activity in the metro area.
By Jenna Graber • July 16, 2024 -
f11photo via Getty Images
Sports tourism drives meetings growth in Las Vegas: report
The sports entertainment category isn’t just driving leisure tourism. It’s also boosting meetings travel for events related to the industry, according to Knowland.
By Noelle Mateer • July 11, 2024 -
Courtesy of MullenLowe
Marriott unveils digital tools to ease business travel planning, booking
Business Access by Marriott Bonvoy was designed to simplify the travel management process for small- to medium-sized businesses, which report frustrations with current platforms.
By Jenna Graber • July 9, 2024 -
f11photo via Getty Images
Las Vegas led top 25 US markets for events volume growth in May: Knowland
The market outpaced Oahu Island, Hawaii, which saw increased events volume in the month from weddings as well as education and consulting events.
By Jenna Graber • June 7, 2024 -
Ariel Skelley
Business travel ‘major boost’ to US economy: report
Business travel supported more than 600,000 accommodations jobs in 2022 and contributed to a significant number of hotel stays, according to the Global Business Travel Association.
By Jenna Graber • June 6, 2024 -
Prostock-Studio via Getty Images
As business travel rebounds, hotels win: report
Business travel isn’t back to pre-pandemic levels, but conferences are gaining and Gen Z is making an impact on recovery, according to Morning Consult.
By Noelle Mateer • June 3, 2024 -
Courtesy of Omni Hotel & Resorts
Omni Hotels & Resorts to invest $500M in New Orleans convention hotel
Local travel pros expect the 1,000-room property adjacent to the New Orleans Ernest N. Morial Convention Center to set the city apart as a meetings and events destination.
By Jenna Graber • May 29, 2024 -
Courtesy of Lion Star Hospitality
Family-friendly Nickelodeon-branded resort coming to Orlando in 2026
The more than 400-key Nickelodeon Hotels & Resorts Orlando will offer kid-focused amenities, catering to increased travel demand in the Florida market.
By Jenna Graber • May 23, 2024 -
jacoblund via Getty Images
US hotel RevPAR to grow 3% for remainder of 2024: CBRE
Despite a “weaker than expected” first quarter, CBRE analysts forecast an uptick in international visitors, election-related events and muted supply growth will drive RevPAR results.
By Jenna Graber • May 21, 2024 -
EXTREME-PHOTOGRAPHER via Getty Images
Q&A
How Hilton is courting small- and medium-sized businesses
The company needed a way to “recognize and reward” the guests making up 85% of its business transient segment, VP of global business travel sales Christiane Cabot Bini tells Hotel Dive.
By Noelle Mateer • May 20, 2024 -
Courtesy of Fontainebleau Miami Beach
Fontainebleau Miami Beach to open convention center
Coastal Convention Center will cater to the growing number of meetings and events travelers visiting the metro area.
By Noelle Mateer • May 15, 2024 -
Retrieved from Cvent on May 15, 2024
Top hotels and destinations for meetings in North America: Cvent
Several Nashville hotels led other U.S. properties in the category, while Orlando was the overall best meetings destination, according to the hospitality tech provider.
By Jenna Graber • May 15, 2024 -
Getty Images via Getty Images
Business travel trends hoteliers need to know: Amex GBT
As corporate trips resurge, professionals want more sustainable hotel options, integrated technology and local, authentic experiences, according to American Express Global Business Travel.
By Jenna Graber • April 29, 2024 -
Courtesy of Jackson-Shaw
Dual-branded Marriott hotel underway in North Phoenix
The property will feature an AC Hotel by Marriott and Element by Westin under one roof as developers cater to growing business travel to the area.
By Noelle Mateer • April 17, 2024 -
Ariel Skelley
Wyndham expands rewards to business program
The extended program is a bid to drive direct bookings to franchisees amid positive growth trends for business travel, the hotel company said.
By Noelle Mateer • April 17, 2024 -
Art Wager via Getty Images
St. Louis led US for year-over-year events volume growth in March
The market saw 24.3% growth in events volume last month bolstered by sports and national association happenings, outpacing major cities like Las Vegas and Seattle, according to Knowland.
By Jenna Graber • April 9, 2024 -
simon2579 via Getty Images
US hotel RevPAR will grow 3% in 2024: CBRE
The recovery of international travel, plus heightened group and meetings business, will fuel U.S. hotel performance, particularly in urban markets.
By Noelle Mateer • March 25, 2024 -
Marilyn Nieves via Getty Images
HEI Hotels & Resorts expands Atlanta presence
The hospitality management company hopes to capitalize on the metropolitan area’s hotel boom with two additional properties.
By Noelle Mateer • March 18, 2024
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