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2008-04-29 News Highlights

Features

Airport Parking Market: An Untapped Revenue Source For Airport Hotels
The saying, 'there's a lot of money to be made in parking' could not be more true than in airport parking. In our quest to quantify this statement, we surveyed and analyzed six major U.S. airports to determine the size of this niche business for airports and explore how airport hotels can also capitalize on this market trend and opportunity. ...more

The Lodging Industry Market Structure - by Manmohan Shetty
The market structure of lodging industry is 'Monopolistic competition'- market structures in which there are many firms selling differentiated products, there are few barriers to entry. ...more

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Trends

AOL Travel / Zogby Survey Finds More than Half of Americans Have Less Money to Spend This Year on Summer Vacations than in 2007
Survey Reveals How Americans Plan to Travel This Summer ...more

UK - Early Easter contributes to drops in occupancy and profit
UK Chain Hotels Market Review - March 2008 ...more

March 2008 Global Hotel Review
This report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for selected markets and countries for February 2007. ...more

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Technology

OpenTravel Awards Industry Leaders for their Service
CIO of Continental Airlines, Travel Technology Consultant are Award Recipients at 2008 Advisory Forum ...more

Hogg Robinson Group signs European agreement with Amadeus
Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry, has signed a major agreement with international corporate services company, Hogg Robinson Group (HRG) to become HRG's primary GDS partner in Switzerland, Austria and Lichtenstein. Amadeus will provide HRG with the latest version of Amadeus Selling Platform with full integration into the company's 'best practice' business processes. ...more

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Sales and Marketing

PR Provides ROI For Hoteliers
When seeking to build brand awareness for a hotel or resort, whether new or established in the market, one of the smartest moves a hotelier can make is to find a PR agency that specializes in travel public relations. ...more

Super 8 Lodging Sweepstakes Will Award Eight-Day Trip to Beijing
In the spirit of the Beijing summer games, the Super 8(R) lodging chain this summer plans to give one lucky winner an eight-day trip to Beijing. ...more

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Appointments

Hyatt Regency Aruba Announces New General Manager
Susan Santiago Appointed General Manager For Hyatt Regency Aruba Resort & Casino ...more

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Development

Molinaro Koger Advises Ashford in Disposition of Sheraton Hotel Iowa City
Molinaro Koger (MK) announced today the firm's Chicago office facilitated the marketing and sale of the Sheraton Hotel Iowa City, Iowa, on behalf of Ashford Hospitality Trust (AHT). ...more

Interstate Hotels & Resorts Joint Venture Signs First Management Contract in India
Interstate Hotels & Resorts (NYSE:IHR) today announced that its joint venture management company, JHM Interstate Hotels India, has signed a contract to manage its first property in India. ...more

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Openings

Doubletree Hotel Springfield Opens in Missouri's Third Largest City
Hotel Celebrates Multi-Million-Dollar Renovation With New Brand Affiliation, Becomes First, Full-Service Hilton Family(R) Hotel In Springfield ...more

Four Points by Sheraton Opens Hotel in Tempe, Arizona
Four Points by Sheraton Tempe Provides Travelers with Comfortable Rooms, Great Extras and Convenient Access to Shops, Dining and Entertainment ...more

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Other

Homewood Suites By Hilton Publishes Children's Book Series Based On Adventures Of Lewis The Duck
Homewood Suites Shares the Story of Its Resident Duck and Icon, Lewis ...more

Leading Business Travel Group Supports U.S. Expansion of Model Ports of Entry
The National Business Travel Association (NBTA) praised the announcement made today by U.S. Customs and Border Protection (CBP) that it is expanding the Model Ports Initiative to 18 more of the nation's largest gateway airports. ...more

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 Departments

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 .  Appointments 1
 .  Development 2
 .  Features 2
 .  Openings 2
 .  Other 2
 .  Sales and Marketing 2
 .  Technology 2
 .  Trends 3

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