Hotel room rates in the US and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. US hotel room supply is barely growing as ...

After one of the biggest hotel building booms in Colorado Springs in three decades, occupancy rates and room rates are falling as the supply outstrips demand — and experts are warning of challenges ...

Hotels struggled with falling profit in April after margins were squeezed by higher staff hosts and price pressure on rooms. UK hotel payroll costs increased from 31.6 per cent of revenue to 33.3 per ...

The Gramercy Park Hotel—a longtime haunt of rock-and-rollers before being rocked by disputes among its owners—is in new hands. MCR Hotels, a hospitality firm that developed the retro-style TWA Hotel ...