Robust Financial Indicators In Multibillion Dollar Timeshare Industry
The AIF annual benchmark study by PricewaterhouseCoopers (PwC) of the financial performance of the timeshare industry released today by the ARDA International Foundation (AIF) underscores the ongoing, robust financial performance of the multibillion dollar vacation ownership industry. ...more

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The Slippery Slope Of Pay For Performance Programs - By John R. Hendrie
Naturally, we want to incent our Managers, push for results, and drive for the numbers. The Bottom Line, ultimately, is how we evaluate Performance, what pleases our stockholders, and, theoretically, encourages our stakeholders. ...more

New Study Concludes Minimum Wage Hikes Do More Harm Than Good
Least-Skilled Workers and Low-Income Families Most Likely to Fall Victim to Unintended Consequences of Wage Hike Ballot Initiatives ...more

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Faucet Aerators Reduce Flow, Costs and Energy Required for Water Heating - By Glenn Hasek
Down the drain is not where most hospitality owners and operators like to see their profits go. With a very inexpensive investment in faucet aerators, that does not need to happen. ...more

Crushing Bottles Cuts Costs, Saves Space, Aids Environment - By Glenn Hasek
Any hotel property that has a restaurant or bar has to deal with bottle disposal. No matter where they are on the property-behind the bar or in the dumpster-bottles take up space. It costs money in labor to move them from one location to another and to have them hauled away. ...more

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Restaurant Performance Index Declined in August as Operator Optimism Continued to Weaken
Same-store sales were positive overall despite softer economy and elevated gas prices ...more

Food & Beverage - Avoid Slashing Your Menu Prices - By Joe Dunbar
Economic conditions are rapidly changing with worldwide demand for energy at an all time high and rising interest rates in the USA. Higher costs are functioning as a tax on discretionary income. Borrowers and drivers are paying a lot more for money and gas. Restaurant expenditures often depend on patron's discretionary income. With the home equity line of credit option disappearing rapidly, credit card expenditures will be tightly monitored by more consumers. ...more

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The Battle for Loyalty - Online Travel Agencies vs. Suppliers
Expedia / Hotels.com vs. Marriott / Starwood / Hilton ...more

E-Mail Marketing Getting High Click, Open, and Conversion Relative to Cost
WebSurveyor Corp., partnering with Internet Retailer released an August survey of IR e-newsletter readers revealing that web merchants have very ambitious plans to increase both the size and scope of their e-mail marketing efforts. ...more

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Is Your Team Too Big? Too Small? What's the Right Number?
When it comes to athletics, sports teams have a specific number of team players: A basketball team needs five, baseball nine, and soccer 11. But when it comes to the workplace, where teamwork is increasingly widespread throughout complex and expanding organizations, there is no hard-and-fast rule to determine the optimal number to have on each team. ...more

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Moscow One Of The Most Expensive Hotel Destinations in Europe
In the first half of this year average quality hotel room rates in Moscow have topped $290 per night coming behind to London at $370 per night, and Paris at $345 per night; making Russia's capital one of the most expensive destinations to stay in Europe and the world. ...more

Canadian Occupancy, ADR, RevPAR - Week Ending September 23 - 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

Study Explores the Market Influence of European Tour Operators on Greek Resort Hotels - By Dr. Dimitris Koutoulas
A recently published study of Dr. Dimitris Koutoulas, an Athens-based tourism and hospitality consultant, sheds light on the relationship of Greek resort hotels with European tour operators, with the former relying for 60% of their total business on the latter's inclusive tours. ...more

Weekly U.S. lodging performance for the week of Sep 24, 2006 - Sep 30, 2006
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

Hotels and Accommodations - US - Mintel International Group Ltd.
This report covers hotels, defined as collective accommodation establishments providing lodging and usually meals, entertainment and various personal services for the public. The $131 billion hotels industry in the U.S. has rebounded after faltering in 2001 and 2002. Rises in occupancy have allowed hoteliers to raise rates in 2004 and 2005, resulting in approximately 8% growth in revenues per year since 2003. ...more

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Top 10 Group Events September 2006 - North America & Selected Markets
Square Footage Meeting Space Occupied, Square Footage Catered, Estimated Number of Attendees. Data derived from reader board reports covering 652 hotels in 48 markets across 36 states and provinces* - Total number of events surveyed for time period: 27,498 ...more

Hotel People I Have Known - By Harry Nobles
During my tenure at AAA and in the years since, I have had the privilege of meeting and working with hundreds of hotel owners, managers, and employees ...more

The Power Of The Per-diem Rate - By Daniel Voellm
Several markets in the United States rely heavily on government demand. Changes in the way allowances for government travelers are established can turn markets, for better or worse. ...more

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August Travel Price Index Increased 6.2 Percent
2006 August Travel Price Index, the TPI, was 0.6 percent lower than July 2006 and 6.2 percent higher than August 2005. ...more

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What Makes a Good Revenue Manager? More Than You Think - By Andy Archer
The best can raise RevPAR 3 to 7%. Use these tips to spot top talent and improve your chain's bottom line ...more

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