Power to Shift from Sellers to Buyers in 2017 Hotel RFP Season

The average corporate negotiated hotel rate will increase by between 3.25 percent and 4 percent in 2017, according to a recent analysis by Bjorn Hanson, a clinical professor with the NYU School of Professional Studies Jonathan M. Tisch Center for Hospitality and Tourism. This RFP season also will mark a significant transfer of power from hoteliers to buyers. Read more.