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HOTELS' Daily News Service
HOTEL's Daily News Service - an information service of  HOTELS magazine
October 3, 2008

Today's Headlines:

Economy Erodes Europe Pipeline
Lodging Econometrics has released its H1 2008 report for lodging construction in Europe. At the end of the second quarter the pipeline stood at 1,022 hotels and 172,249 rooms.
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Dusit Residences Debuts Beyond Thailand
Bangkok-based Dusit International has opened the doors to its first branded residence outside Thailand with the soft opening of Dusit Residence Dubai Marina.
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MWB Reports Demand Down, Rates Softer
MWB, the owner of the Hotel du Vin and Malmaison hotel chains, has reported a "slight softening" in room rates because of tighter corporate demand.
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Strategic Pulls Out Of Project, Takes US$36m Loss
Strategic Hotels & Resorts Inc. will not proceed with its previously announced contracted purchase of hotel development space at the Aqua Building, currently under construction and adjacent to the company's Fairmont Chicago Hotel.
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7 Gingers To Open In India Over Next 18 Months
Indian Hotels Co. subsidiary Roots Corp. is opening seven new Ginger-brand hotels over the next one-and-a-half years.
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Wyndham Hosts 'Global Green Day'
Wyndham Worldwide holds a “Global Green Day” to kick off its WyndhamGreen program and launch the WyndhamGreen Web site.
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Molinaro Koger Arranges Prince De Galles Financing
Molinaro Koger has arranged financing for the purchase of the freehold of Hotel Prince de Galles in Paris, on behalf of the Musallam family.
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D.C. Housekeepers Participate In Hotel Olympics
The Inaugural Housekeeping Olympic Games, hosted by Holiday Inn Washington Dulles Airport Hotel, featured housekeepers from 14 Washington, D.C.-area hotels and showcased events with a "housekeeping theme."
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HOTELS' Daily News Service is edited by Jeff Weinstein +1 630 288 8260.

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