The LWHA Q1 2023 Major U.S. Hotel Sales Survey includes 83 single asset sale transactions over $10 million which totaled nearly $3.5 billion and included approximately 12,500 hotel rooms with an ...

Earnings: Hospitality chain ITC Hotels has reported a strong set of financial results for the April-June period, with a ...

The hotelier's global revenue per available room (RevPAR) advanced 7.4% from a year earlier, excluding currency effects. RevPAR for Hyatt's select-service hotels in the Americas region jumped 10% ...

Convention room nights contributed 20% of the Q1 room mix. Regional segment EBITDA growth was supported by stable trends and full-quarter contributions from new properties.

Continued increases in hotel room demand helped the largest U.S. online travel agencies, Priceline, Orbitz and Expedia, improve first-quarter financial results.

Britain's Millennium & Copthorne Hotels (M&C) said group revenue per room for the first quarter fell 3.1 percent, blaming weakness in the hotel markets in London and Europe.