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STR Predicts Good News... For 2011
Today's Headlines - November 24, 2009
STR Predicts Good News... For 2011
IHG Tweets Into 2010 With 31 Days Of Deals
Tokyo Occupancy Up For 4th Straight Month
Premier Inn Expands Into India
Icahn Tops Penn In Fontainebleau Bid
Deals Blog: South America Market (Part 2)
Hotelkeeping Tips For Trying Times
Hot Opening: Indigo New York City Chelsea
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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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.
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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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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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