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The Source for hotel industry news since 1998

2006-07-31 Hospitality Trends

Employment

It's All About The Money - Part 2 - By Joseph M. Gravish
My recent commentary (It's All About the Money) emphasized the criticality of making employee (and family) quality of life a cornerstone of any successful business strategy. ...more

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Financial

Investment Climate across Europe - a view from the US - By Robin Trehan
In today's global economy investors may have trouble figuring out which country will afford them the best investment opportunity and which investment is right. Much of that question can be answered by looking at the demographics of other countries, including age of the workforce, population growth, average age overall. Let's take a look at Europe. ...more

Budgeting For 2007? Hotel Revenues, Expenses, and Profits All Up
U.S. hotels are forecast to enjoy their fourth consecutive year of profit growth in 2007. By the end of 2007, the average hotel in the nation is projected to achieve an operating profit of $15,996 per available room, up 9.8 percent from the year-end estimates for 2006. ...more

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Food and Beverage

Summer Travelers Much More Apt to Order Room Service if Wait Times Are Cut
Survey Reveals Consumers Are Hungry for a New Approach to Room Service ...more

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Internet

One-Screen vs. Multi-Step Booking Engines...Gibberish! - By Neil Salerno
You Have to Look at the Whole Picture ...more

Avoid Lines at Airports - Check-in At Home
According to a recent report from SITA (Societe Internationale de Telecommunications Aeronautiques), online plane ticket sales will make up 28% of all airline ticket sales in 2006, up from 20% in 2005. ...more

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Management

Community and Communication: How to Improve Your Management Skills - By Mark Hamister
'There is more than a verbal tie between the words common, community, and communication.... Try the experiment of communicating, with fullness and accuracy, some experience to another... and you will find your own attitude toward your experience changing.' - John Dewey ...more

Gobble-Up Your Competition - By Neil Salerno
Start with the Basics, Add A Pinch of Research, And a Dash of Common-Sense ...more

HSMAI Foundation Releases Findings of 2nd Resort Practices Study
Included in Study Are Eight Building Blocks with 35 Examples of Best Practices for Resorts ...more

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Market Reports

Canadian Occupancy, ADR, RevPAR - Week Ending July 15 - 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

New Orleans Hotel Industry Impacts - By Hans Detlefsen
A Benchmark for Post-Katrina Recovery ...more

Monthly U.S. Lodging Performance June 2006
Monthly summary of Occupancy, ADR and REVPar for the United States. ...more

Hotel Industry Occupancy Reached 66.8 Percent In Quarter 2 2006
Smith Travel Research (STR) announced second quarter and first half 2006 results for the U.S. lodging industry today. ...more

Weekly U.S. lodging performance for the week of Jul 16, 2006 - Jul 22, 2006
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

Flaming June Hots Up UK Hotels Performance Figures
A warm June helped to keep the heat on hotel performance figures throughout the UK, according to the latest figures from PKF hotel consultancy services, as hotels in the capital and the regions enjoyed another best since the Millennium month. ...more

Global Hospitality Insights: Branding
Ernst & Young's Global Hospitality Insights: Branding takes a look at hotel branding in the United States, as well as in countries such as Latin America, India, and Russia. ...more

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Other Articles

Synergy Required For Destination Development - Integrating Your Community Partners - By John R. Hendrie
Synergism is an abused word, much like networking, but it captures the essence of what must prevail to have dynamic business success in your destination, whether free standing business, locale or distinct area. ...more

Vast Majority of Travelers Prefer a Smoke-Free Hotel Environment
J.D. Power and Associates Reports: 'No Smoking' at Hotels Could be the Latest Marketing Strategy, as a Vast Majority of Travelers Prefer a Smoke-Free Hotel Environment ...more

Consumer Confidence Up in Mid-July, But Still Conservative
According to theBIGresearch Consumer Intentions & Actions Survey of over 8,000 consumers as of July 12, confidence rebounds with 39.5% confident/very confident in chances for a strong economy, up almost four points from last month, but still four points below last year (43.9%). ...more

Fire Your Franchisor? - By Craig W. Cooley
Maybe there is merit to giving this some consideration. Here is why... ...more

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Tax

Incentives of Historic Proportion - By Matthew Melville
Applying Federal Historic Preservation Tax Credits to Hotel Projects ...more

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Technology

Staying Wired On Vacation: Travelers Use Of Technology On The Road
While the point of a vacation may be to 'get away from it all,' travelers bring a surprising amount of technology with them in order to stay connected during their leisure trips, according to the latest Voice of the Traveler survey by the Travel Industry Association and Synovate. ...more

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Travel Trends

High Gas Prices Drive Travelers Online to Save Vacation Costs, AAA Says
New Travel Pattern Shows Technology is Used to Budget Trips Before Leaving Home ...more

Summer Travelers Are Procrastinating: $10 Billion in Bookings Up For Grabs
Many Consumers Still Undecided about Summer Travel Plans - Compete, Inc.'s Latest Study Reveals Opportunity for Marketers to Capture Bookings of Last Minute Travelers ...more

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Yield Management

Market Segmentation - Strategic Focus - By Joe Dunbar
In a previous post, Market Segmentation - Best Practices , I reviewed the best practices from seven segments. Each of these segments has a different strategic focus and the differences impact their long range plans. ...more

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. Employment 1 item
. Financial 2 items
. Food and Beverage 1 item
. Internet 2 items
. Management 3 items
. Market Reports 7 items
. Other Articles 4 items
. Tax 1 item
. Technology 1 item
. Travel Trends 2 items
. Yield Management 1 item

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