Tag: STR
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…
More Lodging Industry Data Shows Slowing Travel Growth
Lodging industry performance reports and forecasts published this week by research firms showed continued weakness. They are the latest data points reflecting or predicting a…
Recession ‘Almost Tangible’ In Corporate Travel, But Signals Are Mixed
Chicago — The next economic recession always is a matter of when. Currently in a 10-year run of strong performance, the travel industry is starting…
Results Are In: Corporates Held The Line On Negotiated 2019 Hotel Rates, Tripbam Clients Did Better
With another annual contracting season mostly in the rear view, the three largest travel management companies reported modest increases in their clients’ negotiated corporate hotel…
Hotel Rates Keep Rising, But New Supply In Some Cities Gives Buyers Leverage
It’s another tough negotiating cycle for corporate hotel buyers. Healthy demand and tight availability mean some hotels are even declining to bid. But it’s not the same…
