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2008-11-17 News Highlights

Trends

WTM Global Trends Report 2008
The 2008 report identifies the next generation of trends in the travel and tourism industry which offer a diverse range of opportunities world-wide. ...more

Pisa Forum confirms that the recovery could start within 12 months
After four years of sustained strong growth, which continued through the month of May 2008, outbound travel demand slowed considerably from June, with growth slipping into negative figures from September in some regions. ...more

Cornell Hotel Real Estate Investment Funds Study Finds Anomaly in REIT Dividend Patterns
Fixed share prices of nontraded hotel REIT put long-term investors at a disadvantage ...more

RevPAR takes fall in the UK
Recent hotel performance results for the United Kingdom make dire reading. ...more

STR reports U.S. hotel Pipeline for October 2008
The active U.S. hotel development pipeline includes 5,917 hotels with 647,136 guestrooms, according to the October 2008 STR/TWR/Dodge Construction Pipeline Report released this week. ...more

When $24 Billion Just Ain't Enough - Vacation Rentals: Gunning for the Leisure Hotel Shopper - By Douglas Quinby
PhoCusWright estimates that approximately 70% of hotel business in the U.S. is driven through branded properties. Indeed, about 10 or so companies account for the lion's share of the U.S. hotel market. ...more

Canadian Occupancy, ADR, RevPAR - Week Ending November 8, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more

Souring Economy Catches Up To New York City Hotels
New York City's hotels have been on a roll over the past year as a declining U.S. dollar lured throngs of foreign investors from Europe and Asia ready to spend big sums of cash on nice restaurants, shopping and other retail fare. ...more

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Technology

E-Guide Services, Inc. Contracts Accor North America, Motel 6 and Studio 6
E-Guide Services, Inc. (EGS) announced Tuesday that it has signed an agreement with Accor North America, Motel 6 and Studio 6 to install E-GuideTV, their fully customizable television guide channel, as an added amenity to all Accor corporately owned Motel 6 and Studio 6 properties. ...more

University of Nevada, Las Vegas Students Educated with the MICROS OPERA Enterprise Solution
MICROS Systems, Inc. (NASDAQ:MCRS) , a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce that it has donated the MICROS OPERA Enterprise Solution to the University of Nevada, Las Vegas (UNLV), William F. Harrah College of Hotel Administration. ...more

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Development

Rezidor Announces the Radisson Hotel Maputo, Mozambique
The Rezidor Hotel Group (STO:REZT) announces the Radisson Hotel Maputo in Mozambique - the 150 room-property is scheduled to open its doors in Q2 2010. ...more

First Hotel Indigo in Asia to be Located in Shanghai
IHG (InterContinental Hotels Group) signed a deal with the Shanghai Huangpu River Banks Asset Management Co., Ltd for its first Hotel Indigo in the region to be located in Shanghai. ...more

JW Marriott First Residential Development Comes to Baja, Mexico
Drawing on its partners' long history of successful real estate experience in the U.S. and abroad, Scottsdale-based NG Properties Mexico, LLC has signed an agreement with Marriott International to create the first JW Marriott Residences property in Mexico. ...more

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Environmental

AH&LA Launches Green Strategy
Minimum Guidelines First Step in Providing Holistic Approach to Creating Eco-Friendly ...more

Cornell University Offers New Sustainability Course with Hospitality Industry Focus
School of Hotel Administration, Johnson Graduate School of Management and HEI Hotels & Resorts Collaborate to Give Students Practical Experience ...more

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Financial

Strategic Hotels & Resorts Adopts One-Year Stockholder Rights Plan
Strategic Hotels & Resorts, Inc. (NYSE:BEE) , today announced that its Board of Directors adopted a one-year stockholder rights plan and certain amendments to the Company's Bylaws. ...more

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Internet

Lodging Interactive Rolls Out Mobile Website Design and Marketing Services For Hotels
Lodging Interactive, a leading interactive marketing agency servicing the hospitality industry, today announced the roll out of its mobile website design and mobile marketing services for hotels. Lodging Interactive's new mobile services enables hotel websites to be rendered on all major smart phones and cell phones and provides direct website reservations capabilities for mobile users. ...more

Frommer's Delivers Customized Travel Content and Services with Launch of Frommer's Unlimited
New Applications for Travel Content Represent First-of-Their-Kind Innovations ...more

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Openings

Choice Hotels International Opens Cambria Suites Hotel in Pueblo, Colorado
The 105-suite Cambria Suite hotel is owned and operated by AVKE, Inc. As of September 30, 2008, there are 65 Cambria Suites hotels under development across the United States and in Canada. ...more

Luxury Caribbean Resort Group Announces New Addition: Nelson Spring Beach Villas & Spa, Nevis
The Caribbean resort is located on 3.5 acres of glorious coconut-lined beachfront property. Nelson Spring features 24 expansive and luxurious one, two, three and four bedroom villas, which appeal to families, couples, independent travelers and small groups. ...more

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Other

AH&LA and Dress for Success Partnership Launches with Suit Drives at Hotels Across the Country
Flagship Initiative of AH&LA's WIL Connect Professional Female Membership Program Gives Disadvantaged Women a Second Chance in the ...more

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 Departments

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 .  Development 3
 .  Environmental 2
 .  Financial 1
 .  Internet 2
 .  Openings 2
 .  Other 1
 .  Technology 2
 .  Trends 8

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