Hilton Worldwide president and CEO Chris Nassetta put it frankly when asked what buyers should expect in negotiations: “To pay more.” “If we were mid-single digits last year,” he said, ”it should be high single digits next year. We have a better group base, so there's more leverage.” Wyndham Hotel Group president and CEO Geoff Ballotti said increases in both group and leisure demand bode well for hoteliers as negotiations near. “Everyone from our side is looking to make sure that our revenue management teams are doing everything they possibly can to raise rates.” Get the full story at Business Travel News