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2006-10-17 News Highlights

Trends

Australian Hotels Lift Room Yields by 7.8% to a Record High
Australia's major hotel markets continue to perform strongly with RevPAR (Revenue Per Available Room) levels reaching all time highs. ...more

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Technology

SynXis Chosen by Select Marketing Hotels to Represent the SQ Chain Code for their Portfolio of 200 Properties
Worldwide Hotel Marketing Company Switches to the RedX(TM) Distribution Management System to Consolidate all Booking Channels ...more

More Interactive And Productive Meetings Possible Thanks To iBAHN And Visiontree
Leaders in Broadband and Communications Technology Provide Real-Time Audience Response Solutions ...more

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Appointments

Ted Darnall Joins HEI Hospitality as Chief Operating Officer
Concurrently Named President and COO of Merritt Hospitality ...more

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Development

Budapest Hotel Market Set to Grow as Visitor Numbers Continue to Soar
As real estate capital continues to flow into Eastern Europe, hotel investors are targeting Hungary's capital, Budapest. Jones Lang LaSalle Hotels' latest Hotel Investor Sentiment Survey (HISS) revealed that 50% of respondents who are active or based in Europe want to acquire in Budapest. ...more

First Residential Development for Waldorf=Astoria Collection Brand Announced for Las Vegas
825 Million, Mixed-Use Development on the Strip Also Includes Luxurious Conrad(R) Las Vegas Hotel and Condominiums ...more

Auberge Resorts Buys Esperanza Resort in Cabo San Lucas, Mexico
Auberge Resorts announced that the company and partners The Levy Organization have completed the acquisition of Esperanza, the award-winning luxury resort in Cabo San Lucas, Mexico. ...more

MGM MIRAGE Sells Two Nevada Properties
MGM MIRAGE (NYSE:MGM) announced that it has entered into an agreement to sell its Colorado Belle and Edgewater hotel-casinos located in Laughlin, Nevada, to a group led by Anthony Marnell III for $200 million. ...more

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Environmental

Comfort Inn & Suites Red Deer Axes Heating Costs with Solar Installation - By Glenn Hasek
The 88-room Comfort Inn & Suites Red Deer in Alberta, Canada, would have a pretty hefty heating bill given its northern location. 'Would' is the key word here. It does not have high energy costs thanks to a roof-based solar heating system. ...more

Novotel Century Hong Kong Tackles Energy Cost And Environmental Management With The Latest Weapon - Intelligence
Close monitoring of electricity usage helps Hong Kong hotel to achieve sustainable, environmentally friendly operation while improving profitability. ...more

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Internet

Online Travel - Routes To The Best Deals May Not Always Be Direct
Those popular search sites help bargain hunters narrow their choices, but they still have a way to go. ...more

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Openings

THE US GRANT, a Luxury Collection Hotel in San Diego Reopens Today
Downtown San Diego's landmark, THE US GRANT, re-opens today to a selected list of dignitaries in time to celebrate it's 96th anniversary. Following a 20-month, $52 million renovation and restoration, it is the newest member of The Luxury Collection from Starwood Hotels and Resorts Worldwide, Inc.(NYSE:HOT). ...more

Hotel Indigo Opens 6th Hotel
$15 million property is brand's first new build; located along Florida's west coast ...more

Me Madrid,Reina Victoria,The First 'Me By Melia' Hotel Opens
The legendary Hotel Reina Victoria in Madrid's Plaza de Santa Ana transforms into the first ME by Meliá hotel ...more

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Other

Hotel, eateries promote 'Stay Safe' plan
Idea aimed at curtailing drunken driving ...more

Conde Nast Traveler Announces Results of the 19th Annual Readers' Choice Awards
Singapore Airlines, Regent Seven Seas and The Peninsula, Chicago, IL lead in their categories ...more

America's 50 Greatest Golf Retreats
Augusta National Emerges as No. 1 in New Luxury Golf Lifestyle Publication ...more

Constitution Wrong Place to Set Wage Hikes
Newspapers in Ohio, Colorado and Nevada Agree: Minimum Wage Should Be Set by Statute, Not Constitutional Amendment ...more

Mr. John Q. Hammons Receives Prestigious IAHI Kemmons Wilson Service Award
Hotel industry veteran Mr. John Q. Hammons was presented with the 2006 IAHI Kemmons Wilson Service Award during the 2006 InterContinental Hotels Group (IHG) Americas Investors & Leadership Conference held October 4-6 in Toronto. ...more

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 Departments

Click on the department to go directly to these news items.

 .  Appointments 1
 .  Development 4
 .  Environmental 2
 .  Internet 1
 .  Openings 3
 .  Other 5
 .  Technology 2
 .  Trends 1

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