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Issue 2010-02-25
News Jobs Real Estate Resources Suppliers Technology Events Trends

Luxury Resort Hotel in Belize Moving Forward After Court Victory Awards Developer Crucial Hold-Out Land

150-room resort on Ambergris Caye will cost $50 million to build ...more

Access Hotels & Resorts Announces The Addition Of THE WILSHIRE - Los Angeles Into Its Bi-Coastal Portfolio

Led by Tom Baker, Barry Caplan and Mark Lahood, Access Hotels & Resorts' goal, according to Chief Executive Officer Baker, is to increase profitability while continuing to raise the level of service excellence at THE WILSHIRE – Los Angeles. ...more

Accor - Demerging the Two Businesses and Details of the Demerger Process

The Accor Board of Directors has approved the demerger of the Group's two core businesses, Hotels and Services, and outlined the demerger process. Employee representatives have already responded to the demerger plan, which will be submitted to shareholders for approval at an Extraordinary Shareholders Meeting on June 29, 2010. ...more

Wynn Resorts Announces Agreement in Pennsylvania

Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it had entered into a letter of intent with Philadelphia Entertainment and Development Partners, LP (PEDP), providing that an affiliate of Wynn will become the manager and managing general partner in the PDEP casino project slated for the Philadelphia waterfront. ...more

EcoFeature Product Caroma’s High Efficiency Dual Flush Toilets and Urinals

EcoGreenHotel recognizes Caroma as a leader in smart technology for water conservation in the hospitality industry. If you are in the midst of planning a hospitality development or in preparation stage of a renovation you must consider Caroma dual flush toilets and high efficiency urinals to bring easy maintenance and easy water savings to your project. ...more

Cleveland Airport Marriott Graduates from E4S Cleveland's Sustainability Implementation (SI) Program

Cleveland Airport Marriott was recently one of four organizations to graduate from the E4S Sustainability Implementation (SI) Program. As a result of this training, the Cleveland hotel has identified opportunities to save money while continuing to help the planet. ...more

Accor - 2009 Annual Results

2009 Operating Profit Before Tax(1) of EUR448 Million, at the Upper End of the EUR400-450 Million Target ...more

Orient-Express Hotels Reports Fourth Quarter and Full Year 2009 Results

Same store revenue from owned hotels up 13% - Same store RevPAR down 7% in local currency, up 11% in US dollars ...more

Sunstone Hotel Investors Reports Results for Fourth Quarter and Full Year 2009

Drives strong margin performance through expense controls - Looks to expand portfolio size and quality through disciplined acquisitions - Maintains substantial cash balance ...more

Great Wolf Resorts Reports 2009 Fourth Quarter Results

Total revenue increased 15.1% to $56.3 million, over fourth quarter of 2008 - Same store RevPAR for Generation II resorts increased 0.4 percent and substantially outperformed hotel industry average ...more

Hersha Hospitality Announces Fourth Quarter 2009 Results

Consolidated Hotel RevPAR decreased 9.7% - Adjusted Funds from Operation was $0.07 per diluted common share ...more

Online Travel Bookings Shift Overseas

Growth in online travel bookings is rapidly shifting overseas, leading to a race to bolster operations in Asia and Latin America, the chief executives of two top online travel companies said on Monday. ...more

Marina Bay Sands in Singapore to Open Its Doors on April 27, 2010

Las Vegas Sands Corp. (NYSE: LVS) announced today it plans to open the first phase of its $5.5 billion Marina Bay Sands development on April 27, 2010. ...more

Travel Promotion Act Faces Final Passage, Vote Expected Soon

Contact Your Senators Immediately And Urge Their Support ...more

'Lost Decade' in Overseas Travel to U.S. Cost 440,000 Jobs and $500 Billion in Spending

Nationally Coordinated Travel Promotion Campaign Needed to Save U.S. Jobs, Help Spur Economic Recovery ...more

Leading Hotel Technology Event Announces Stellar List of Speakers for March Event

Hospitality technology leaders will soon receive the benefit of a very powerful collection of speakers at Hotel Technology Next Generation’s (HTNG) 6th annual North American meeting. ...more

Starwood Hotels & Resorts Goes Live with Global TelePresence Meetings Suites Allowing Guests to Meet Across Continents

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) unveiled its first in-hotel Cisco TelePresence meeting suites today with a virtual, interactive meeting spanning across two continents. ...more

Top 2010 Destinations for Australian Travelers

City breaks are the preferred destination for Australian domestic travelers in 2010, with Sydney and Melbourne topping the list, while the tropical attractions of Bali and Phuket are the leading international drawcards for Australian visitors. ...more

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