(HENDERSONVILLE, Tenn.)The U.S. hotel industry posted declines in three key performance metrics last week as the Jewish holiday and severe economic turmoil drove down demand, a market research firm said ...READ MORE
(NEW YORK)A Goldman Sachs analyst lowered his 2009 and 2010 estimates for the hotel sector late Monday, citing broad economic uncertainty, projected supply growth and weakening business trav...READ MORE
(NEW YORK)Shares of major hotel companies remained mixed on Friday afternoon, following the U.S. House of Representatives' approval of a $700 billion financial bailout package.READ MORE
(NEW YORK)Shares of hotel companies dropped on Monday--and plunged further after the House rejected a $700 billion bailout of the U.S. financial system--as the travel outlook for 2009 grew g...READ MORE
(NEW YORK)A key metric of the lodging sector's performance declined at U.S. hotels in August as an increase in room rates failed to offset declining occupancy, a market research firm said on...READ MORE
(NEW YORK)InterContinental Hotels' Holiday Inn brand is stepping into the timeshare market with the launch of a new venture with The Family of Orange Lake Resorts, the company announced Wedn...READ MORE
(NEW YORK)InterContinental Hotels Group PLC said Tuesday that revenue per available room was flat in August compared with the previous year for its hotel brands in the Americas region, altho...READ MORE