I am always wondering how in the world the Online Travel Agencies (OTAs) like Expedia, Travelocity, Orbitz and others price their inventory. I mean how complicated must those algorithms be? And do they always work? I can't imagine that they do, there's still too much unsold inventory in hotels worldwide; why don't they just lower their prices to fill all their rooms? The answer is simple: they ...

InterContinental Hotels Group Plc (IHG), the world’s largest hotel group by rooms, reported profit that beat estimates and declared a bigger-than-expected dividend as business travel recovered, led by the U.S. and greater China. Chief Executive Officer Richard Solomons said the hotelier is well placed to benefit from demand in emerging markets such as the greater China region, which accounts for ...

The 'Hotels WithMe' app enables friends, families and colleagues to get together to collectively browse, choose and book a hotel from Hotels.com's portfolio of almost 140,000 properties worldwide. The app launched on the UK Hotels.com Facebook page in September 2010 and has since seen strong growth, also rolling out across APAC and Europe. In this new and innovative move, owners of other Facebook...

Worldwide travelers tired of inflexible and impersonal corporate procedures will see hospitality back in the hotel business, when Global Hotel Exchange premieres a set of industry defining 'customer-first' features this March.

The Global Summit is the pre-eminent event in the global travel and tourism calendar each year and is attended by industry and government leaders from around the world. As such, the summit offers an unparalleled platform for speakers from within and beyond the industry to share their views with an international audience of prominent business, financial, political, and media leaders.

The outgoing CEO of Marriott International and the man who will soon take that job spoke to The Miami Herald as the transition approaches. For more than 20 years, the head of Marriott International has vacationed at the Harbor Beach Marriott Resort & Spa in Fort Lauderdale. And his company has 33 hotels and 4,200 employees in the Miami area, with a total of 270 hotels statewide.

Over the past few years, TripAdvisor has been expanding its content offerings, evolving from a hotel review site to a comprehensive resource for planning trips. And while the majority of content is traveler-generated, if you're a tourism bureau you have a variety of options to contribute content of your own, to enhance existing content and to promote travel to your destination.

The Baird/STR Hotel Stock Index ended January with a 13.0-percent increase to 2,288. The index ended 2011 at 2,025. Robert W. Baird & Company and STR partnered to create the Baird/STR Hotel Stock Index-the first widely available U.S. hotel stock index in the hotel industry. The index combines Baird's financial markets expertise, the data processing of STR and the up-to-the-minute distribution cap...

Along with the Queen's Diamond Jubilee and the Summer Olympics, this year also brings a quirky landmark to London: a little boat-shaped abode that sits atop Queen Elizabeth Hall at the Southbank Centre. It's a room with more than one view — really great views of the Thames River, the London Eye and Big Ben — and only accommodates two. The room sold out almost immediately in January after reservat...

Kerzner International Holdings Limited, which through its subsidiaries is a leading international developer and operator of destination resorts, casinos and luxury hotels, has entered into an agreement with Hainan Gezhouba Industrial Company Limited with the assistance of Greentown Hotel Management Co., Ltd., to develop and operate a new One&Only resort on Tufu Bay in Sanya, Hainan, China. With a...