Most Clicked AH&LA SmartBrief Stories

1. STR: Lodging metrics are now at an all-time high

AH&LA SmartBrief | Apr 27, 2015

The 12-month moving average of hotel occupancy was 64.9% in the first quarter, matching the peak reached in 1995 and joining the rest of the lodging industry's key metrics in achieving record highs, STR's Jan Freitag reports. Hotels also sold 12 million more rooms in March than they did eight years ago as average daily rate posted its second consecutive increase over the previous month, Freitag said. (04/24)

2. Four Seasons takes service to the skies in new private jumbo jet

AH&LA SmartBrief | Apr 27, 2015

The Four Seasons' new private jet tour service uses a converted Boeing 757-200ER with enough room to accommodate 52 passengers at $119,000 per ticket. Each flight features a minimum of 21 Four Seasons-trained personnel, including a concierge and executive chef. Bloomberg (04/23)

3. Report: Tomorrow's travelers will fall under six "tribes"

AH&LA SmartBrief | Apr 27, 2015

By 2030, travelers can be grouped into six distinct "tribes" with different priorities and motivations for travel, including Social Capital Seekers, Cultural Purists, Ethical Travelers, Obligation Meeters and Reward Hunters, according to a report by Amadeus. The Simplicity Seekers, the group with which many frequent travelers already align, will try to avoid stress in trip-planning by turning to bundled travel products, the report said. TravelPulse (04/23)

4. Hilton will focus on launching a midscale brand, CEO says

AH&LA SmartBrief | May 01, 2015

Hilton Worldwide is hoping to introduce a midscale brand in the next 12 months that could bring in new customers by offering lower rates, CEO Christoper Nassetta said during the company's latest earnings call. "For sure, you are going to see us do something in that category. And we think that could be a mass-scale brand globally," Nassetta said. Skift (04/30)

5. Red Lion to add 73 hotels by buying 2 brands

AH&LA SmartBrief | Apr 27, 2015

Red Lion Hotels is acquiring GuestHouse International and Settle Inn for $8.5 million. The deal adds 5,187 rooms in 73 hotels to Red Lion's portfolio. American City Business Journals (04/24)

6. Ritz-Carlton Chicago to become a full-fledged Ritz property this summer

AH&LA SmartBrief | Apr 29, 2015

Ritz-Carlton Chicago will fully join the Ritz-Carlton brand this summer, enabling guests to book through the main company website and receive Ritz Carlton-Rewards. The hotel began using the Ritz-Carlton name under a licensing agreement when it opened in 1975. Travel Weekly (04/27)

7. Starwood Hotels hires Lazard to explore all options

AH&LA SmartBrief | Apr 30, 2015

Starwood Hotels & Resorts Worldwide has tapped Lazard to help it explore strategic and financial options to increase shareholder value. "No option is off the table," said Bruce Duncan, Starwood's chairman, in a statement. That suggests a sale of the company is possible, according to Ryan Meliker, analyst at MLV & Co. Bloomberg (04/29)

8. Hilton Worldwide reports 22% higher earnings in Q1

AH&LA SmartBrief | Apr 30, 2015

Hilton Worldwide said first-quarter net income rose 22% from last year to $150 million amid a 10% increase in revenue, to $2.60 billion. The company said revenue per available room was up 6.6% as occupancy increased 2.1% and average daily rate rose 3.5%. Hilton had 240,000 rooms in its pipeline during the quarter, with 56% of the properties in development in the U.S. American City Business Journals (04/29) Reuters (04/29)

9. San Francisco hotels see rate surge amid real estate frenzy

AH&LA SmartBrief | Apr 28, 2015

The price of hotel rooms in San Francisco is following the same trend as housing -- rates are skyrocketing. San Francisco Chronicle (free content) (04/27)

10. Hotel industry approaches performance records in real terms

AH&LA SmartBrief | Apr 29, 2015

Despite a steady upward climb in revenue and profitability, the hotel industry still hasn't seen a complete recovery in inflation-adjusted terms, and total revenue hasn't exceeded any of the peak levels reached since 1990, reports Carter Wilson, a director at STR Analytics. However, the growth trend indicates that the industry may finally achieve record real profit and revenue by this time in 2016, Wilson said. (04/28)

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