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2008-03-10 Hospitality Trends

Development

Canadian Housing Market To Remain Strong, Though Builders' Profits To Weaken Again In 2008
After a 22 per cent drop in profits last year, Canada's residential construction industry can expect profitability to decline further in 2008, according to the Conference Board's Canadian Industrial Outlook: Canada's Residential Construction Industry - Winter 2008. ...more

European Hotel Transactions 2007 - By Cristina Balekjian and Elke Geieregger
HVS London office's latest European Hotel Transaction Review analyses the single asset and portfolio hotel transactions that shaped 2007. ...more

European Hotel Valuation Index 2008 - Elana Bader and Dominique Bourdais
HVS's London office has released the Hotel Valuation Index (HVI). The survey shows that hotel values achieved a fourth consecutive year of growth. Values per room largely exceed the peak values of 2000. ...more

Hotel Fashionista
With high profile openings from Versace, Armani, Missoni and Moschino expected in 2008, fashion hotels are suddenly very much in vogue. Deloitte examines the reasons for this trend and consider the opportunities and risks for hotel operators and luxury retailers as they venture out onto the catwalk together. ...more

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Employment

Physical Attractiveness in the Workplace - By Eddy M. Elmer and Jim Houran
We review and summarize classic and contemporary research on the psychology of "beauty" and then propose ideas and guidelines to help the service industry seize opportunities to use 'beauty in business' effectively and ethically. ...more

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Environmental

On the Horizon and Here Today: LED Replacements for Linear Fluorescents - By Glenn Hasek
In meeting rooms, back of house and other areas of your hotel, chances are great that you are using T-12 fluorescent lamps or the more efficient T-8s to illuminate large spaces. ...more

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Food and Beverage

Food & Beverage - Playing The Market - By Joe Dunbar
Do you try to time the market for your top center of the plate items? ...more

Technomic Top 500 Annual Report Shows Slowdown in Chain Restaurant Growth Rates
The 500 largest U.S. restaurant chains registered slower growth rates, posting 5.1 percent annual sales growth in 2007. According to data released today by Technomic Inc., in its annual reporting on the top U.S. restaurant chains, the leading foodservice consultancy found that U.S. systemwide sales for the Top 500 rose to an estimated $223.6 billion in 2007, up $10.7 billion over 2006. ...more

Restaurant Performance Index Registered First Gain in Five Months in January
Operators continued to report negative same-store sales and traffic, while future expectations improve ...more

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from October 27, 2007 to February 27, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

Foodservice Design - Flexibility: The Ultimate Trend In Hopistality Design - By Lee Simon
Quite rapidly, it seems that our global society has adopted a common trait - we want what we want, when we want it. Yesterday's amenities, which provided added benefits to the guest experience, have quickly evolved into today's expectations. ...more

Annual drinks research 2008
Analysis of consumer attitudes and buying behaviour in the beer and wine sector ...more

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Management

Love Letters to Ideal Future Employees - By Nektaria Hamister
I think of employment ads and descriptions as personalized letters to ideal candidates. Trying to screen out inferior candidates is useless at this stage: they are desperate and will apply no matter what I write, whether they have the credentials or not. I concentrate all my attention on the person who will love the particular job and whom we will love as a co-worker. ...more

Hospitality Teaser: Guest Recognition - When It's Most Important & How to Show It!
Perhaps, more than at any other time, guest recognition is most essential when a breakdown in the guest's experience has occurred and their expectations have not been met. At this critical moment, it's the guest emotions that must be recognized. ...more

Hotel P.R. Professionals - It's Time to Modernize the Content and Structure of Our Press Release - By Leora Lanz
In today's electronic age of information and communication, it's time for hotel public relations practitioners to update the structure and content of press releases ...more

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Market Reports

Canadian Occupancy, ADR, RevPAR - Week Ending February 23, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more

December 2007 Year To Date Canadian Lodging Outlook
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes occupancy and average room rates from major cities in Canada. ...more

Hyderabad - Metamorphosis of The Pearl - By Abhay Bakaya
At a time when rapid commercial growth has triggered widespread hotel development in Hyderabad, the article aims to bring clarity to the dynamics of the hotel market in the city. ...more

United States Ranks 7th among Most Competitive Countries in Travel & Tourism Sector
World Economic Forum and Booz Allen Hamilton release second international study on travel and tourism competitiveness - Switzerland, Austria and Germany top the list of the 130 countries ranked ...more

Weekly U.S. Lodging Performance for the week of Feb 24, 2008 - Mar 01, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

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Other Articles

Hire them local! - By Tatiana Veller
Not so long ago, to fill the void in Housekeeping or Stewarding department, a Moscow or St.-Petersburg Hotelier just needed to bring some people from one of the former Soviet republics, where the labor market was poor. The situation has now changed. ...more

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Technology

Freesky Research Releases White Paper on In-Flight Wi-Fi Pricing
While in-flight GSM services are priced around international roaming rates, most airlines are still guessing what to charge for Wi-Fi services, with little operational data on which to base pricing strategies, according to a white paper released today by Freesky Research. ...more

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Travel Trends

Economy Foreclosing on Spring Break?
Access America survey finds half of American families scaling back spring break plans...or forgoing their vacations altogether ...more

American Express Travel Reports Growth in Cruising Popularity due to Value and 'New Generation' of Cruise Offerings
Exotic ports-of-call, luxury upgrades and customized excursions Help Broaden cruise Appeal ...more

Continued Growth Signalled for Travel & Tourism Industry
The Latest Research for Travel & Tourism Anticipates a Slowdown in the Industry in 2008 but Prospects are Bright for the Coming ten Years ...more

Developing Countries Lead Dynamic World Tourism Growth
International tourist arrivals exceeded 6% growth in 2007 on the back of strong global economic growth. Developing countries grew by 8%. ...more

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Yield Management

Budgeting for Hotel Internet Marketing...No Surveys, Just Plain Talk - By Neil Salerno
How Much Should a Hotel Invest to Develop a Strong Internet Presence? ...more

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 Departments

Click on the department to go directly to these news items.

. Development 4 items
. Employment 1 item
. Environmental 1 item
. Food and Beverage 6 items
. Management 3 items
. Market Reports 5 items
. Other Articles 1 item
. Technology 1 item
. Travel Trends 4 items
. Yield Management 1 item

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