Hotel News Resource Hotel Industry News EN Hotel News Resource Canadian Hotels Report 2.1% Increase in RevPAR During First Quarter 2015 In year-over-year results, the Canadian hotel industry’s occupancy was down 0.4 percent to 55.6 percent. However, its average daily rate rose 2.6 percent to CAD$132.57, and its revenue per available room increased 2.1 percent to CAD$73.72. Fri, 1 May 2015 11:14:00 EST US Hotel Occupancy Up 3.1% to 61.1% During First Quarter 2015 In year-over-year results, occupancy was up 3.1 percent to 61.1 percent; average daily rate rose 4.7 percent to US$117.09; and revenue per available room increased 8.0 percent to US$71.56. Fri, 1 May 2015 11:04:36 EST Wyndham Rewards Takes Home Honors As 'Up and Coming Program of the Year' in 2015 Freddie Award Groundbreaking Program Wins Accolade, Setting the Stage for Exciting Global Launch Fri, 1 May 2015 10:57:10 EST Six-of-seven Private Companies Expect Positive Revenue Growth in 2015 Private Companies Remain Bullish About Growth Forecasts and Hiring, Despite Concerns over Skills Gap, PwC Survey Finds Thu, 30 Apr 2015 12:30:27 EST Canadian Hotel Occupancy Increases 4.1% to 64.6% For Week Ending 25 April 2015 Revenue per available room increases 10.2% to CAD$87.49 Thu, 30 Apr 2015 12:07:35 EST US Hotel Occupancy Up 4.3% to 69.8% Week Ending April 27th - 2015 Average daily rate increases 6.5% to US$120.07 Thu, 30 Apr 2015 12:02:52 EST The Statler Hotel & Residences in Dallas Joins Curio Collection Hilton Worldwide and Dallas-based Centurion American Development today announced the signing of a franchise license agreement to open The Statler Hotel & Residences, in Dallas, Texas. Debuting in October 2016, the refurbished landmark hotel will be part of Curio – A Collection by Hilton. Thu, 30 Apr 2015 11:59:42 EST Profit Growth for Amsterdam and Vienna Hotels in March 2015 European Chain Hotels Market Review - March 2015 Thu, 30 Apr 2015 11:49:48 EST DoubleTree by Hilton Hotel Park City - The Yarrow Opens in Utah The hotel is located near world-class ski slopes, including Park City Mountain Resort, Deer Valley Resort and Canyons Resort, and 36 miles from Salt Lake City International Airport. Thu, 30 Apr 2015 11:46:18 EST FelCor First Quarter 2015 Same-store Adjusted EBITDA Increased 37.7% Adjusted EBITDA increased by $8.8 million to $49.9 million; same-store Adjusted EBITDA increased by $13.6 million, or 37.7%, to $49.7 million. Thu, 30 Apr 2015 11:39:16 EST UK Provinces Continue to Shine Against London Hotels in March 2015 UK Chain Hotels Market Review - March 2015 Thu, 30 Apr 2015 11:37:08 EST First Call Hospitality, Inc. Assumes Management of Hampton Inn Gainesville, Florida FCH expands its Management portfolio with 100-room Hampton Inn hotel in Gainesville, FL as of April 8, 2015 Thu, 30 Apr 2015 11:31:21 EST Hyatt Place Pittsburgh South/Meadows Racetrack & Casino Opens Hyatt Hotels Corporation (NYSE: H), FFC Capital Corp. and Crescent Hotels & Resorts today announce the opening of the 155-room Hyatt Place Pittsburgh South/Meadows Racetrack & Casino in Washington, PA. Thu, 30 Apr 2015 11:19:23 EST HSMAI Revenue Optimization Conference Focuses on Education, Collaboration and Innovation The Hospitality Sales and Marketing Association International (HSMAI), the leader in advocacy and education for hospitality revenue growth, will hold its 12th annual Revenue Optimization Conference (ROC) June 15 at the Austin Convention Center in Austin, Texas. Thu, 30 Apr 2015 09:59:11 EST Embassy by Hilton Bo’ao to Open in 2019 in China Hilton Worldwide today announced the signing of a management agreement with Syncept Investment Group Co., Ltd for Embassy by Hilton Bo’ao, marking the entry of its Embassy by Hilton brand in China. Thu, 30 Apr 2015 09:35:52 EST 650 Room Nhow Amsterdam RAI Announced As Largest Hotel in Benelux After a competitive tender procedure, NH Hotel Group's project 'nhow Amsterdam RAI' has been chosen as the winning hotel concept by The City of Amsterdam and Amsterdam RAI. The new building will be the largest hotel in Benelux and will be located at the Amsterdam RAI complex, one of the largest exhibition and conference centers in the Netherlands. Thu, 30 Apr 2015 09:32:19 EST Hampton Inn & Suites Vero Beach Downtown Opens in Florida Owned by VBH Miracle Mile LLC, and operated by Peachtree, the hotel was conceived by Vero Beach residents Frank Christy, Christy & Associates president, and Keith Kite, managing member of Kite Properties LLC. The lender for the project is WesBanco, a West Virginia regional bank holding company. Thu, 30 Apr 2015 09:12:58 EST Hotel Occupancy in the Middle East And Africa Region Up 3.2% to 68.7% for January March The region reported a 3.2-percent increase in occupancy to 68.7 percent and a 0.7-percent rise in revenue per available room to US$118.04. Average daily rate, however, decreased 2.3 percent to US$171.82. Thu, 30 Apr 2015 09:11:02 EST Extended Stay America First Quarter 2015 Adjusted EBITDA Grows 9.4% RevPAR Increases 6.8% in the First Quarter - Net Income Increases $11.8 Million in the First Quarter - Adjusted EBITDA Grows 9.4% in the First Quarter - Re-Affirms 2015 Revenue and Adjusted EBITDA Guidance - Increases Distribution by 13.3% to $0.17 per Paired Share Thu, 30 Apr 2015 09:05:34 EST Why Attracting Millennials and Generation C Will Mean Big Business for Vacation Rental Industry - By Julian Castelli, CEO LeisureLink Millennials are a powerful segment of today’s travelers, and their preferences and habits will help shape the future of travel preferences going forward. They are proving to be always connected, cost-conscious travelers that expect better access to online content, pricing information, along with quick response times to booking requests. Thu, 30 Apr 2015 09:01:34 EST