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HOTELS' Daily News Service
HOTEL's Daily News Service - an information service of  HOTELS magazine
September 4, 2008

Today's Headlines:

St. Regis To Open At Vegas Venetian
Las Vegas Sands Corp. has reached an agreement with Starwood Hotels & Resorts Worldwide Inc. to develop The St. Regis Residences at the Venetian Palazzo, Las Vegas, a collection of 398 private luxury residences.
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Rudnitsky Collects US$2.2m For Severance
Wyndham Hotel Group CEO Steven Rudnitsky, who announced his resignation earlier this week, will collect US$2.2 million in severance on his way out.
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Is Hospitality Facing A Perfect Storm?
Industry data indicate a general downturn in industry growth rates. Supply is heading up, demand is softening, and room rate increases are declining. However, industry leaders continue to be fairly realistic in their assessment of these trends, while the financial community appears to believe that the industry will soon face a perfect storm.
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Premier Inn Books 18% Sales Growth
Premier Inn is outperforming the sector after recording double-digit growth in like-for-like sales. Whitbread attributes the sales boost to cash-strapped corporates looking to value hotels to save money.
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London Playboy Club To Become Hotel
More than 20 years after closing its doors, the Playboy Club in Park Lane is to be reborn as a hotel. Westminster council has granted permission to redevelop the London outpost of Hugh Hefner's empire, which operated as a club and casino between 1966 and 1982.
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Tides Brand Heads To St. Lucia
The Tides resort brand announces plans to reposition The Jalousie Plantation in St. Lucia.
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Value Place Launches 'Refer-A-Stay' Giveaway
Value Place is launching the US$50,000 Refer-A-Stay Giveaway sweepstakes.
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Sales Blog: Motivate Your Team With Kindness
Bart Berkey writes: "What does your team need today? Do they need encouragement or discipline? Do they need gracious appreciation or a day to strategize? Be aware of what your team members need and deliver it. It doesn't need to be expensive."
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HOTELS' Daily News Service is edited by Jeff Weinstein +1 630 288 8260.

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