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| STR Predicts Good News... For 2011 |
STR’s forecast projects 2011 occupancy in the U.S. to be up 2.4% to 56.2%, ADR to increase 3% to US$96.81 and RevPAR to jump 5.5% to US$54.41.
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Get Mobile with HOTELS To Go
Visit mobile.hotelsmag.com to stay connected with the hospitality community while you're on the move. Get the latest hotel industry and product news, with first-hand content that is just as searchable as from your PC, with HOTELS mobile web site. Click here to learn more.
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| IHG Tweets Into 2010 With 31 Days Of Deals |
During the 31 days that lead up to the new year 2010, IHG will "tweet away" nearly 1 million Priority Club points redeemable for hotel nights, retail gift cards, electronics and more during the hotel group's December Tweet Away promotion.
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| Tokyo Occupancy Up For 4th Straight Month |
Occupancy rates at major hotels in the Tokyo area climbed to 82.7% in October, up 3.2 points on the year and the fourth straight month of year-over-year increases.
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| Premier Inn Expands Into India |
Premier Inn, part of leisure group Whitbread, is opening its first India hotel in Bangalore this month, with two more following during the next two years.
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| Icahn Tops Penn In Fontainebleau Bid |
Billionaire investor Carl Icahn has offered a higher sum than Penn National Gaming Inc. to open bidding at a bankruptcy auction for the unfinished Fontainebleau Las Vegas casino-resort on the Las Vegas Strip.
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| Deals Blog: South America Market (Part 2) |
The apart/condo-hotel investment model has been the norm in Latin America, but with international investment exposure (read: interested capital), developers are looking more aggressively to raising institutional capital for their projects and following a more ‘promoted’ capital structure. This comes with a toll as developers are not accustomed to debt instruments nor promoted returns in the manner that ‘western’ practices utilize in negotiating capital agreements.
Read the full story >> |
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| Hotelkeeping Tips For Trying Times |
Despite a downward turn in both leisure and business travel, there are certain hotels and restaurants that remain full, making one wonder whether there is a recession at all. What do these places do differently? What can hotels do to be successful in trying times?
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| Hot Opening: Indigo New York City Chelsea |
New York's first Hotel Indigo is now open in Manhattan's Chelsea neighborhood at the nexus of the city's art, fashion and flower districts. The newly constructed 20-story upscale boutique hotel is designed to reflect its colorful surroundings. Take a photographic tour...
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| Click here for all news headlines |
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View HOTELS' Webcast: Working with Intermediaries Online
The 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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