Hotel Industry News Page 2

This publication focuses on the market of wellness resorts of Sochi, Russia. In light of heightened media attention to Sochi, we examine the market evolution caused by the recent social & economic changes and development opportunities in the market.

Unlike the ADR growth at the end of 2012, 2013 is showing all growth coming from occupancy, which increased modestly 1.6 percent to 60.4 percent.

White Lodging announced the following individuals have been named general managers within the last month across the company.

In April, the Asia/Pacific region’s occupancy ended the month with a 0.5-percent decrease to 68.6 percent, its average daily rate dropped 2.3 percent to US$127.20 and its revenue per available room was down 2.8 percent to US$87.22.

Host Hotels & Resorts, Inc. (NYSE: HST) announced as part of a broader leadership reorganization, that Gregory J. Larson , its current executive vice president, corporate strategy, has become the chief financial officer of the Company.

The region reported a 3.4-percent increase in occupancy to 65.7 percent, a 0.7-percent increase in average daily rate to US$171.29 and a 4.0-percent increase in revenue per available room to US$112.46.

In April, the Americas region reported a 3.5-percent increase in occupancy to 63.8 percent, a 3.4-percent rise in average daily rate to US$112.31 and a 7.0-percent growth in revenue per available room to US$71.67.

Cityzenbooking will be able to gain access to broader inventory supply, improve booking conversion and increase revenues as part of its growth plans across Europe.

Maestro BI Gives Operators Real-Time On-The-Go Access to Comprehensive Performance Numbers for Single Hotels or Multi-Property Hotel Groups

Lodging industry emphasizes importance of final bill reflecting needs of today’s economy

'Sales is All About Qualifying,' LBA Combines Savvy Web Strategy and Centralized Account Management to Qualify and Close New Business

The restaurant website, its online presence and corresponding digital marketing efforts have become the main point of contact with would-be patrons. And yet, many restaurateurs who willingly spend hundreds of thousands of dollars on décor and furnishings suddenly become cost-conscientious when the restaurant website is concerned. They also completely ignore digital marketing to prospective patrons. Many restaurateurs are mistakenly led to believe that not investing in their restaurant website redesign or optimization will save money. Wrong!