Tag: lodging rates
Op Ed: Derek Sharp On The Annual Hotel RFP’s Diminished Role
Complicated in the best of times, hotel sourcing is particularly tricky right now. Derek Sharp, SVP and COO for CWT’s RoomIt, makes the case for…
As Rates Fall, Corporate Travel Buyers And Hoteliers Go Back To The Table
Hotel average daily rates took a hit in many markets over the past couple of weeks as cancelations rolled in. That means deals for those…
Providers: Audit To Improve Hotel Sourcing Results
Companies that do not audit hotel rates and availability are leaving piles of cash on front desks, according to BCD Travel analysis of client data. Without…
Hilton Ends Test Of Seven-Day Cancellation Rates
For those who found Hilton’s restrictive “flexible” rates problematic, there’s some good news. A Hilton official confirmed the hotel company ended a test of those…
Little Hope In Travel Management For Change In Marriott’s Ways
The corporate travel world’s opinion of Marriott is bipolar. Travelers love the loyalty program, but that can work against corporate program compliance. Many industry professionals…
Supply Growth Takes The Bite Out Of NYC Hotel Rates, But Don’t Call It A Buyer’s Market
[UPDATE, April 8, 2016: We published new information related to this article here.] The seller’s market in lodging continues unabated this year. U.S. occupancy is…
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