(NEW YORK)New data from a market research firm confirmed that hotel companies suffered last week as travel was disrupted by continuing fears about the economy and the presidential election.READ MORE
(NEW YORK)Shares of Morgans Hotel Group Co. dropped sharply Thursday afternoon, after the boutique hotel operator reported that its third-quarter losses narrowed, but failed to meet Wall Str...READ MORE
(HENDERSONVILLE, Tenn.)The U.S. hotel industry posted year-over-year declines last week in three key performance measurements, as hotel owners began cutting rates to fill rooms, a market research firm sa...READ MORE
(NEW YORK)Shares of hotel companies traded higher Wednesday after the Federal Reserve slashed the fed funds rate by a half point, as many investors expected. Hotel stocks have been hit parti...READ MORE
(NEW YORK)Shares of hotel companies slipped along with the broader markets Friday as investors anxiously dumped stocks on escalating recession fears. The Dow Jones industrials dropped more t...READ MORE
(HENDERSONVILLE, Tenn.)The development pipeline for U.S. hotels was 12.8 percent higher last month than it was in September 2007 but is showing signs of a slowdown, according to a report released by a ma...READ MORE
(NEW YORK)Shares of hotel companies dropped on Wednesday afternoon after the Commerce Department reported a larger-than-expected decline in September retail sales, reminding investors that c...READ MORE