Hilton CEO speaks to corporate sentiment & rate negotiations Negotiated corporate business makes up only 10 percent of Hilton’s overall business, but CEO Christopher Nassett said the segment serves as a positive macro-indicator for 2019. Source: Hotel Marketing Hilton CEO speaks to corporate sentiment & rate negotiations
Travelers not as loyal as hotels think More than 80% of people would choose to revoke their personal information from hotel brands if given the opportunity, according to research from Oracle Hospitality. Source: Hotel Marketing Travelers not as loyal as hotels think
Expedia beats profit estimates on soaring travel demand Expedia Group saw major growth in its vacation rental business HomeAway and higher travel bookings in the third quarter. Lodging revenue increased 12%. Source: Hotel Marketing Expedia beats profit estimates on soaring travel demand
For independent hotels, relationships with OTAs have never been more tense More trust has been eroded by shady tactics, from breaking parity to basic, uncoupling of package rates being sold independently to members-only rates. Source: Hotel Marketing For independent hotels, relationships with OTAs have never been more tense