US Hotel room rates

Tag Archives for US Hotel room rates.

Jul202010

Higher Rates Coming to a Hotel Near You Soon

Marriott reported second quarter profits last week that beat analysts expectations. Arne Sorenson, Marriott’s CEO, stated room rates will likely rise by the end of 2010 with the resurgence in corporate bookings. Hoteliers are optimistic that the industry will avoid a double dip recession. Increased room demand from business travelers will allow higher rates going…

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Sep282009

Why Are Hotel Loyalty Programs Being So Generous?

If you think being underwater $100,000 on your home mortgage is bad, imagine trying to sleep at night thinking about how your $400 million hotel investment has lost $100 million in value with the real estate crisis of the past two years. The western playground of Scottsdale, Arizona has newly opened hotel properties like the…

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