Driving REVPAR in the Current Economy: The Shift from Managing Demand to Generating Demand - By Carol Verret
In the past eighteen months, demand has remained relatively flat while rate has increased by between 7% in 2007 and almost 9% in 2006. The consumer that seemed so resilient to rising hotel rates has 'collapsed', in the words of Bernie Sternlicht, Chairman and CEO of Starwood, pressured by rising gas prices and the resulting cost of goods, not to mention the loss of equity in their largest investment, their homes. (BTNOnline, June 2, 2008)) ...more

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May 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

Overview of the Japanese Lodging Industry and Its Investment Trends - Past, Present, and Future - By Emily Smith
Japan's lodging industry has been shaped by cultural and economic forces that have historically dissuaded many Western hotel brands from becoming participants. However, recent investment trends have opened the door for these brands. ...more

HVS Market Intelligence Report: San Antonio, Texas - By Shannon Sampson
Texas' second-largest city is experiencing growth never before seen in its long and storied history. ...more

May 2008 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

AAA Finds Sluggish Economy Creates Summer Travel Bargains
Despite a down economy and rising fuel prices, millions of Americans plan to travel this summer. ...more

Oil-Fueled Catastrophe in the Airline Industry Would Cripple U.S. Economy and Eliminate American Jobs
The skyrocketing price of aviation fuel will have devastating implications far beyond new surcharges for checked bags and in-flight beverage services according to a new study prepared by the Business Travel Coalition (BTC). ...more

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John Rhodes Peto, C.H.A. Appointed Director, Asset Management for Barcelo Crestline Corporation
Barcelo Crestline Corporation today announced the appointment of John Rhodes Peto, C.H.A., as Director, Asset Management. Mr. Peto joins Barcelo Crestline with more than 20 years of experience in hospitality and real estate asset management. ...more

JAL Hotels Co., Ltd., Nikko Hotels' Operator, Appoints New CEO
JAL Hotels Co., Ltd., which operates Nikko Hotels International, a group of luxury hotels, and Hotel JAL City, a mid-priced business hotel chain in Japan, announced at its annual shareholders meeting and board of directors meeting today the appointment of Katsumi Chiyo as president and CEO. He will succeed Mamoru Tsutsumi. ...more

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Molinaro Koger Structures Sale of Residence Inn by Marriott Tewksbury, Massachusetts
Molinaro Koger (MK) announced today that the firm's metro-DC headquarters office facilitated the marketing and sale of the Residence Inn Boston Tewksbury/Andover, Massachusetts, on behalf of Lion ES Hotels II, LLC. ...more

Travelodge adds 7 UK Hotels to portfolio worth £69.9 million
Travelodge, the UK's fastest growing budget hotel company, today announces the acquisition of two hotels from Swallow Hotels, and the exchange on a further five hotels for a combined investment total of £69.9 million. ...more

Crowne Plaza doubles its global estate since 2000
New Qatar signing adds to Europe, Middle East & Africa (EMEA) total of 99 hotels - 15 new EMEA hotels signed in past year as strong growth continues ...more

The Trump Organization and Nakheel Sell Most Expensive Penthouse in Dubai
Nakheel and the Trump Organization, two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trump International Hotel & Tower on Palm Jumeirah. ...more

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Hospitality leaders call sustainability a key priority
Industry, academic leaders address opportunities at panel led by Cornell School of Hotel Administration ...more

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India Hospitality Corp. Reports Preliminary Fiscal Year 2008 Results
Revenues Improve 43% over Prior-Year Period, Kitchen Capacity Increased 55,000 Meals per Day in Fiscal 2008 ...more

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Hotels upgrade their 'no-stay' lists
Room thrashers, constant complainers may be left out in the cold ...more

CEO Profile: Starwood, Van Paasschen both on the move
If you want to get to know Starwood CEO Frits van Paasschen, grab your running shoes. His version of a power breakfast is a strenuous, 10-mile run at 6 a.m. He runs every day and has run 12 marathons. ...more

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