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2008-09-25 News Highlights

Trends

Cornell Study Demonstrates Improvements in Hotel Food and Beverage Forecasting
Occupancy Data Can Substantially Improve Predictions of Hotel F&B Trends ...more

UK Hoteliers Hold Own Despite Gloomy August Weather
: Hotels across the UK were able to maintain steady occupancy levels, room rate and rooms yield figures in August despite the gloomy weather that set in across the country, according to preliminary monthly figures released today by PKF Hotel Consultancy Services. ...more

Weekly U.S. Lodging Performance for the week ending 20 September 2008
The U.S. hotel industry posted ADR and RevPAR increases during the week of 14 - 20 September 2008, according to data from STR. Occupancy rates fell for the week. ...more

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Appointments

Regent Hotels & Resorts Announces New Leadership at Signature Properties in Beijing and Turks and Caicos
Diderik Van Regemorter Appointed Managing Director of The Regent Beijing, Monica Neumann Named General Manager of The Regent Palms Turks and Caicos ...more

Hilton Hotels Appoints Thomas C. Kennedy as Executive Vice President and Chief Financial Officer
Mr. Kennedy will report to Hilton's President and Chief Executive Officer, Christopher J. Nassetta, and will be responsible for oversight of all Hilton's global finance functions. ...more

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Development

Wyndham Brand Reports Large and Active Construction Pipeline
Wyndham Hotel Group today said 35 Wyndham(R) Hotels and Resorts and Wingate(R) by Wyndham hotels representing 5,668 rooms currently are under construction worldwide. There are an additional 122 hotels representing nearly 17,000 rooms in the Wyndham and Wingate development pipeline, bringing the total number of Wyndham branded hotels open and in the pipeline to 395. ...more

Delta, Northwest Stockholders Approve Merger to Create Premier Global Airline
Delta Air Lines and Northwest Airlines today announced that their respective stockholders have overwhelmingly approved the pending merger between the two companies. Delta stockholders approved the issuance of 1.25 shares of Delta common stock for each outstanding share of Northwest stock to be distributed upon closing of the merger, expected later this year. The proposal was approved by approximately 99 percent of the votes cast by Delta stockholders. More than 98 percent of the votes cast by Northwest stockholders were voted in favor of the merger. ...more

Desires Hotels Announces New Project on NYC's Lower East Side
Manhattan's Ludlow Street to be Home to New Boutique Hotel ...more

InterContinental Hotels & Resorts Expands Throughout U.S. And Americas Region
Recent new development pipeline additions include InterContinental New York Times Square and InterContinental Atlanta Midtown ...more

Davidson Hotel Company Begins Management of the Scottsdale Cottonwoods Resort and Suites in Arizona
Continues Aggressive Third-Party Management Growth Plan ...more

Morgans Hotel Group Announces Amended Agreement for Echelon Project in Las Vegas
Morgans Hotel Group Co. (NASDAQ: MHGC) announced that it has entered into an amended agreement with Boyd Gaming Corporation (NYSE: BYD) with regard to the companies' joint venture to develop a Mondrian and Delano within Boyd's existing Echelon development in Las Vegas. ...more

Opening In 2010, Element Omaha Midtown Crossing Starwood's First Omaha Property
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced an agreement with Mutual of Omaha to open an Element hotel at Midtown Crossing at Turner Park. Element Omaha Midtown Crossing is scheduled to open in late 2010 as part of an exciting, new mixed-use development. ...more

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Internet

Travel Marketers Hitch a Ride with Web 2.0
The web 2.0 shift has had a huge impact across a variety of markets. The peer to peer influence on today's online buyers has prompted many industries to get involved in these new trends to stay on top. Online marketers across the board have responded by incorporating podcasts, blogs, social networking, photo/video-sharing, etc. into their marketing mix. ...more

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Other

EMEA Hospitality Enews - Week Ending September 19 - 2008
Weekly Hotel Industry News Roundup from Europe, Middle East and Africa ...more

More hotels spruce up breakfast offerings
Move over pancakes and omelets. Make room for lobster hash and five-spiced waffles with duck confit. ...more

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 Departments

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 .  Appointments 2
 .  Development 7
 .  Internet 1
 .  Other 2
 .  Trends 3

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