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Development
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45 percent Increase in New U.S. Hotel Construction in 2006
PricewaterhouseCoopers forecasts that construction will begin on 119,000 new hotel rooms in 2006, an increase of 45 percent over 2005. ...more
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Employment
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Summer Employment Forecast Underscores Restaurant Industry's Importance to U.S. Economy
National Restaurant Association projects industry will add nearly 410,000 jobs this summer ...more
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Food and Beverage
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Food & Beverage - Ideal Usage Calculation-Major Hurdles - By Joe Dunbar
Any top 10 list of ideal food usage problems should include the open food key on your POS system. Take a look at your product mix report and find open food as a percentage of food sales. ...more
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Management
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Book highlights need for global preparedness in hospitality industry
A recently released book entitled 'Winning Across Borders : Executive Perceptions on Globalization' explores the challenges brought about by globalization to the travel industry and offers strategic solutions for hospitality managers. ...more
Good Ideas are a Dime a Dozen...But, Success or Failure is in the Execution - By Neil Salerno
Knowing that the hotel business is often sensitive to nickels and dimes, not just dollars, it really pains me to see people throw money away without thinking things through. ...more
Adding an 'I' for Interaction to MBWA: My Experience in Teaching This Brilliant Management Technique - By Mark Hamister
MBWA, Management By Wandering Around, has been my favorite business acronym since the early 80's, when Tom Peters and Robert Waterman made this Hewlett-Packard hallmark famous in In Search Of Excellence. ...more
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Market Reports
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Canadian Occupancy, ADR, RevPAR - Week Ending June 17 - 2006
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
The Best May Performance Figures For UK Hotels Since The Millennium
In spite of the wettest May since 1979, hotel performance figures throughout the UK were a soaraway success, according to the latest figures from PKF hotel consultancy services. ...more
Weekly U.S. lodging performance for the week of Jun 18, 2006 - Jun 24, 2006
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more
Washington, DC: Entering New Territory - By Petr Kulic
The 2005 HVS International Hotel Valuation Index (HVI) projected per-room values in Washington, DC, to increase by approximately 55% from 2004 to 2006. ...more
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Other Articles
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Report: People and Processes Differentiate Top-Ranking Airlines in Satisfying Passengers
JetBlue, Continental Rank Highest in Airline Customer Satisfaction ...more
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Technology
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Video - Hotel room of the future
It has a comfortable bed with no mattress. It has picture frames that can be filled with artwork or photographs emailed by the occupant. ...more
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Travel Trends
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Forecast Summer 2006: Hotels Profit, Guests Pay
Two conclusions from a recent report issued by PKF Hospitality Research are likely to have an impact on travelers staying at hotels this summer. ...more
Top 50 Destinations List For Summer 2006
Chicago's Millennium Park is #1 Most-Requested Summer Destination ...more
AAA Says Busiest Fourth of July Travel Weekend Ever
This year, the 50th Anniversary of the Interstate Highway System will kick off a record Fourth of July holiday weekend. AAA estimates that 40.7 million Americans will travel 50 miles or more from home this holiday, a 1.2 percent increase from the 40.2 million who traveled last year. ...more
Canadians' packing their bags for summer vacation, according to Scotiabank study
Study suggests Canadians will help support the local tourism industry ...more
Summer vacations run on empty
High gas prices may be stifling the traditional summer vacation. Only 39.8% of consumers plan to take a vacation within the next six months, a 28-year low, the Conference Board said Tuesday. ...more
Canadian Occupancy, ADR, RevPAR - Week Ending June 24 - 2006
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
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