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| HOTELS' 2010 Forecast: It Won't Get Worse |
The good news is that 2010 probably will not be worse than what can only be described as a dismal 2009 for the hotel industry. The bad news: Few industry observers expect significant recovery until late in the year, and more likely 2011.
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 View HOTELS' Webcast: Working with Intermediaries OnlineThe third Webcast in HOTELS' Online Hotel Merchandising series, Working with Intermediaries Online, is now available on demand. HOTELS' Senior Editor Derek Gale leads a panel discussion with hoteliers and consultants on distribution channels, negotiation strategies and benchmarking, relationship building and more. Sponsored by VFM Leonardo. Click here to view the webcast.
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| Dozens Killed In Mogadishu Hotel Bombing |
The death toll of a suicide bomb explosion in a Mogadishu hotel on Thursday rose to nearly 57, including three Somali government ministers, while as many as 200 others were wounded.
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| HNA May Revive Stalled Shanghai Projects |
HNA Group has emerged as a white knight for two uncompleted hotel towers in Shanghai, reviving hopes they can be built before the city's World Expo next year.
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| Preferred Hotels Launches Design Category |
Sterling Design, a special designation within Preferred Hotel Group's established Sterling Hotels brand, offers chic style that is accessible for any budget.
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| Gaylord Looking To Acquire Hotels |
Gaylord Entertainment is looking to grow its portfolio of large convention hotels, using a recently raised capital fund to acquire undervalued and distressed asset properties over the next couple years.
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| Video Interview With Ritz-Carlton's Cooper |
Business travel is beginning to pick up in globally, especially in Asia, says Ritz-Carlton President Simon Cooper. But the luxury market in the United States continues to lag, and Cooper says worries about a "double-dip" recession are with good reason.
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| EMEA Pipeline Off 21% Since Peak |
The Europe, Middle East and Africa pipeline continued its decline in the third quarter, down to 1,396 projects and 305,170 rooms, according to Lodging Econometrics.
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| Social Media Evolving Into Social Marketing |
As social media becomes more and more commonplace, expect companies and consumers alike to continue exploring interactivity in greater depth. Social media gives hoteliers an incredibly inexpensive way to build brand awareness, while doing it in a way that makes the brands seem simultaneously hip, down-to-earth and fun.
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