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Below are the latest press releases from STR. Please select a headline to read the full article. To see the complete archive of press releases, please click here.  For all other news on the hotel industry please go to www.HotelNewsNow.com.

 

Latest News

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    5 things to know: 17 January 2019

    From the desks of the Hotel News Now editorial staff:

    • Shutdown affecting planning, travel for Super Bowl
    • US weekly jobless claims fall again
    • What headwinds in 2019 mean for hotel stock performance
    • US, Canada hotel results for week ending 5 January
    • Braemar Hotels closes on $120m Ritz-Carlton Lake Tahoe

    Premier Inn to be steady but cautious in turbulent UK

    Whitbread PLC executives say efficiencies across what is now a pure hotel company will result in growth despite a very uncertain political and economic environment in the U.K. and additional costs pumped into ramping up its anticipated second country of scale: Germany.

    How 2019 headwinds might affect hotel stock performance

    While the publicly traded hotel companies continued to enjoy solid, if unspectacular, fundamentals through 2018 and into 2019, analysts said their stock performance suffered due to overly negative sentiment about the industry and drops across markets.

    My journey of change in 2019

    I recently tried to change a hotel reservation by phone. Turns out, that’s a journey I’m not conditioned for.

    5 things to know: 16 January 2019

    From the desks of the Hotel News Now editorial staff:

    • Brexit deal fails; May faces vote of no confidence
    • Marriott reveals Bonvoy to replace loyalty programs
    • DC hoteliers hope for swift end to government shutdown
    • 14 dead in attack on hotel in Nairobi
    • Avalanche causes 60 guests to evacuate Austrian hotel

    No-deal Brexit could mean ‘carnage’ for UK hoteliers

    With the proposed deal for the U.K. to leave the European Union losing in Parliament by a record 230 votes and the country heading to a no-deal Brexit, hoteliers are becoming even more resolute in their efforts to secure the best staff and innovate in terms of service, technology and savings.

    Leaders, let’s encourage our employees to speak up

    Knowing that employees can sometimes hesitate to voice their opinion loud enough, those in leadership roles at hotel companies should proactively—and regularly—seek their employees’ thoughts and views.

    5 things to know: 15 January 2019

    From the desks of the Hotel News Now editorial staff:

    • Militant group attacks Dusit hotel in Nairobi
    • New brands in 2018 focused on experience-driven guests
    • Lindsay Goldberg acquires Affordable Suites of America
    • TWA Hotel donates sand to Jamaica Bay recovery effort
    • Robot hotel lays off more than half of robot staff

    Indies pin direct booking success on customized sites

    Boutique hotels and independents are banking on CRM-savvy website investments and personalization to drive direct bookings. Many are seeing remarkable payoffs as a result, and claim they are stealing chain-loyal customers away with enhanced personalization.

    Hoteliers support Venice day-tripper taxes

    Ratified by the 2019 Italian budget law, Venice now has the ability to impose a tax on the millions of day-trippers coming to the fragile city. Hoteliers and politicians support the initiative, stating it will result in a more livable city and better services for visitors.