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U.S. Hotels Poised for Growth in 2014

U.S. Hotels Poised for Growth in 2014

ATLANTA, Ga.—After a slight deceleration in growth during the last half of 2013, U.S. hotels should see strong gains in revenues and profits in 2014 and 2015 according to PKF Hospitality Research (PKF-HR). According to the recently released December 2013 ...

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Hilton Executives Celebrate NYSE Debut

Hilton Executives Celebrate NYSE Debut

NEW YORK—McLean, Va.-based Hilton Worldwide opened for trading Dec. 12 on the New York Stock Exchange (NYSE) under the ticker symbol “HLT” after its initial public offering. Barclays is the Designated Market Maker (DMM) for the company’s stock. Hilton Worldwide ...

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Study: OTA Loyalty Program Membership Remains Low

Study: OTA Loyalty Program Membership Remains Low

In the past five years, online travel sales have grown from $93-Billion to over $160-Billion, with hotel reservations accounting for almost 40 percent of this total volume. Online Travel Agency (OTA) websites are responsible for one-third of the online hotel ...

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New Homewood Suites Busy for JFK Anniversary

New Homewood Suites Busy for JFK Anniversary

As the nation marks the 50th anniversary of the assassination of John F. Kennedy, the staff of the new Homewood Suites by Hilton located in downtown Dallas, Texas, is working on its first big test. The hotel, which previously was ...

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Hotels See Revenue Boost from Rail-to-Airport Connections

Hotels See Revenue Boost from Rail-to-Airport Connections

WASHINGTON, D.C.—Several American cities have a secret weapon to attract business travelers and lucrative meetings and conventions—a rail line to the airport terminal. According to a study released by the American Public Transportation Association (APTA) and the U.S. Travel Association, ...

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