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2008-10-02 News Highlights

Features

Food & Beverage - 7 Ways to Help Customers Spend More With You - By Ken Burgin
When money is tight, nothing should come between a customer and their purchase. ...more

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Trends

Weekly U.S. Lodging Performance for the week ending 27 September 2008
The U.S. hotel industry posted occupancy and RevPAR declines during the week of 21 - 27 September 2008, according to data from STR. Average Daily Rate increased. ...more

Concerns About Economy Hit All-Time High According to the American Express OPEN Small Business Monitor
More than Half of Business Owners will Accept Lower Profits Rather than Raise Prices ...more

Travel themes to emerge in the next 12-18 months
The Travel Innovation Summit at The PhoCusWright Conference will showcase the travel industry's hottest, most innovative Web and mobile-based applications. In assembling this first-ever event featuring innovators from around the world, seven key themes emerge. Following is a preview of the next big wave of ideas that will shape the travel marketplace over the next 12 to 18 months. ...more

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Appointments

Pearo Named New Editor of Cornell Center for Hospitality Research Publications
Cornell Hospitality Reports series continues to expand ...more

Vail Resorts Announces Senior Management Promotions
John Garnsey and Blaise Carrig promoted to co-presidents of the Company's Mountain Division - Stan Brown promoted to president of Company's Lodging Division ...more

Hersha Hospitality Management Names Michael W. Murray as Chief Operating Officer
He will relocate to Philadelphia and be responsible for all of the company's operational functions at the corporate and property levels. ...more

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Development

Carlson Intends to Acquire Additional Shares of Rezidor
Plan is Dependent on Market Conditions, European Commission Clearance ...more

Molinaro Koger Arranges Financing for €141 Million Acquisition of Hotel Prince de Galles, Paris
Molinaro Koger announced today that the company has arranged the financing for the purchase of the freehold of the Hotel Prince de Galles in Paris, on behalf of the Musallam family. ...more

Hotel Brokers International Sells Landmark 10,000th Hotel
Hotel Group Gears Up for 50th Anniversary ...more

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Financial

Marriott International Reports Third Quarter Results
Worldwide comparable company-operated revenue per available room (REVPAR) rose 3.4 percent (1.1 percent using constant dollars) for the third quarter ended September 5, 2008 ...more

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Internet

IHG Launches New Online Tool Making Travel Planning and Booking Easier
Using Google Earth technology, IHG's guests can plan and book their travel anywhere in the world in just a few simple clicks. ...more

40 HQ Videos Of The Valamar Hotels Published on the Internet
Guests are Invited to Send Their Clips and a Win Free Accommodation ...more

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Openings

Four Seasons Resort Mauritius at Anahita Opens
Four Seasons Hotels and Resorts today opens Four Seasons Resort Mauritius at Anahita, a tropical sanctuary that takes its inspiration from the dense mangroves and lush greenery that line the east Mauritian coast. ...more

Hampton Hotels Opens 25th Hotel in Canada
Hampton Inn by Hilton Sudbury Marks Brand's Twelfth Entry into Ontario ...more

Wyndham Vacation Ownership Opens Second Property in New Orleans
Company preserves historic building in order to create new urban timeshare resort ...more

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Sales and Marketing

Roy MacNaughton, Co-Founder Of Restaurant Marketing For Free.com, Announces The Online Publication Of His New E-Book By The Same Name
This 88-page e-book is a distillation of the tried and true ways of 'marketing' for the restaurant industry - and the suppliers to it - combined with more than 30 cutting edge tactics to use on the Internet when marketing one's restaurant or food service outlet. ...more

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 Departments

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 .  Appointments 3
 .  Development 3
 .  Features 1
 .  Financial 1
 .  Internet 2
 .  Openings 3
 .  Sales and Marketing 1
 .  Trends 3

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