Maui hotels' average daily rate jumps to $500 a room during Christmas week

Maui hotels' average daily rate jumps to 0 a room during Christmas week
Maui hotel room rates dropped 5.1 percent during the Christmas holiday week, compared to last year, but the island's average daily rate reached $ 513.65 last week, the highest rate in Hawaii, according to Hospitality Advisors LLC and STR Inc. Maui …
Read more on Pacific Business News (Honolulu)

Telsey Advisory Group Initiates Coverage on Hyatt Hotels Co. (H)
Hyatt Hotels logo Research analysts at Telsey Advisory Group started coverage on shares of Hyatt Hotels Co. (NYSE:H) in a research note issued to investors on Monday, The Fly reports. The firm set a “market perform” rating on the stock. A hedge fund …
Read more on Dakota Financial News

Lastest Hotels News

Erawan focus on Philippines budget hotels to lower risk
Many negative factors in Bangkok in 2015 have driven SET-listed Erawan Group Plc (ERW) to expand its hotel business abroad and increase the number of budget hotels in a bid to reduce risks. The company expects to open 15 hotels under the budget Hop …
Read more on Bangkok Post

New hotels add 1000 new rooms in 2015 in the Triangle, but more on the way

New hotels add 1000 new rooms in 2015 in the Triangle, but more on the way
The Triangle's hospitality market experienced a bit of a growth spurt in 2015 with 995 new hotel rooms added to its inventory – thanks in part to the four new hotels that opened in downtown Durham within six months of each other between spring and fall.
Read more on Triangle Business Journal (blog)

Automation Claims Jobs of Phone Operators at New York Hotels
Though operators are an endangered lot, they still exist and can be found in some of New York City's larger hotels. There are 497 hotel telephone operators working in 161 of these establishments, according to the New York Hotel and Motel Trades Council …
Read more on New York Times

Lastest Hotels News

The Best Hotels For Domestic Business Travelers In 2016
A series of mergers and acqusitions across the hotel industry dramatically changed the course of business travelers this year, creating a smaller and more competitive market for the workforce in 2016. Despite the contraction, however, there are plenty …
Read more on Forbes

Edinburgh hotels 'most expensive' for New Year's eve
Edinburgh will be the most expensive city for a hotel room this New Year's Eve, a survey by Travel Magazine has found. The least expensive double room in a hotel rated at least three stars will cost 302 pounds ($ 447) in the Scottish capital on Thursday …
Read more on Daily Sabah

What having Auburn in the Birmingham Bowl meant for local hotels
Each year, the Birmingham Bowl provides a big opportunity for the local hospitality industry to benefit from traveling fans from universities located outside the state of Alabama. This year, with in-state Auburn University playing in the game, many …
Read more on Birmingham Business Journal