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2008-04-24 News Highlights

Trends

Are You Dynamic Yet?
Online agencies are using dynamic packaging to increased customer loyalty & profit, if hoteliers sit back they will be squeezed out of the packaging market. ...more

Lodging Econometrics' First Quarter Report Shows the Construction Pipeline Increased to 5,807 Projects with 779,307 Rooms
Developers Remain Bullish in the Face of Changing Economic Conditions ...more

Asia Hotel Valuation Index 2008
HVS releases various publications annually including the Asia Hotel Valuation Index. The Hotel Valuation Index (HVI) is a hotel valuation benchmark developed by HVS covering five-star hotels across 13 markets in Asia. ...more

India Hotel Valuation Index 2008
HVS New Delhi releases the India Hotel Valuation Index 2008. The Hotel Valuation Index (HVI) is a hotel valuation benchmark developed by HVS to estimate values of five-star hotels across India. ...more

HCE India Survey 2008
HVS Executive Search announced the completion of the HCE Hospitality Compensation Exchange (R) India Survey 2008. The survey report aims to provide the most comprehensive guide to all India compensation trends in the hospitality industry. ...more

Travel Industry Launches First-of-Its-Kind Web Site to Detail the Economic Power of Travel
PowerofTravel.org Features State- and National-Level Economic Impact Data in an Easy-to-Use Format ...more

Weekly U.S. Lodging Performance for the week of Apr 13, 2008 - Apr 19, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

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Appointments

Carlson Hotels Worldwide Restructures Business Development Strategy and Structure to Spur Growth of Brands and Management Portfolio
Bill Sipple to Lead Managed/Owned Development, John Sturgess to Lead Franchise Development, Jeff Summers Assigned New Investment & Analysis Role ...more

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Development

Hilton Hotels Corporation To Manage Beijing's Newest International Airport Hotel
Hilton Beijing Capital Airport to mark the fourth Hilton Family hotel in Beijing ...more

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Environmental

Fairmont & The Prince Albert II Of Monaco Foundation Ally To Broaden Environmental Consciousness
The Prince Albert II of Monaco Foundation and Fairmont Hotels & Resorts today announced a formal partnership aimed at promoting sustainability, conserving natural resources, and advancing the overall commitment to environmental stewardship. ...more

Sustainable meetings next eco-initiative for Scandic
Scandic received another prestigious environmental prize - the IMEX Green Meetings Award - for its environmentally aware meeting product. ...more

Top 10 eco-friendly hotels in North America
As green becomes the new black in the travel world, these are the hottest eco-friendly properties of 2008. ...more

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Financial

Starwood Hotels Q1 Profit Down 73.8% - Hurt By Tax Charge
Worldwide REVPAR for Starwood branded Same-Store Owned Hotels increased 9.7% compared to the first quarter of 2007. REVPAR for Starwood branded Same-Store Owned Hotels in North America increased 8.2%. ...more

LaSalle Hotel Properties Reports First Quarter Results
LaSalle Hotel Properties (NYSE:LHO) reported a net loss to common shareholders of $14.8 million, or ($0.37) per diluted share for the quarter ended March 31, 2008, compared to net income of $15.7 million, or $0.39 per diluted share for the prior year. ...more

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Openings

St. Regis Singapore Opens
Starwood Hotels & Resorts Worldwide, Inc. today announces the opening of The St. Regis Singapore, the first internationally branded luxury hotel to open in Singapore in more than a decade. ...more

Hyatt Place Opens Fifth Nashville Area Hotel
126-Room Hotel Just Minutes From Downtown Nashville ...more

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Other

Wyndham Vacation Ownership Honored with ARDA's Prestigious Circle of Excellence Employer Award
This award is given to a company that throughout 2007 demonstrated a commitment to its employees through training, flexibility, individual development, benefits and unique programs for its staff. ...more

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 Departments

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 .  Appointments 1
 .  Development 1
 .  Environmental 3
 .  Financial 2
 .  Openings 2
 .  Other 1
 .  Trends 7

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