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2006-10-19 News Highlights

Features

Want Fries With That? - By Joseph M. Gravish
Much continues to be written about hiring practices in the hospitality industry. Some hotels have adopted a very rigorous process of vetting applicants. Others have not. Unfortunately it appears that many hotels are in the latter category. That's why following the advice below can help you, Mr./Ms. hotel manager (and hiring authorities). ...more

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Trends

Travel And Tourism Arrivals Across Asia Pacific Expanded 4.5% in Q1 2006
That translates into nearly 3.5 million more arrivals for Asia Pacific destinations, year-on-year. ...more

Canadian Tourism Commission Unveils Canadian Spa Industry Survey
How large is Canada's spa industry? ($1 billion) What is the fastest-growing category? (Resort and hotel) Where does the greatest untapped potential lie? (spa tourism) ...more

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Appointments

The Kor Group Names New Chief Financial Officer
Pat P. Priest Named Chief Financial Officer For The Kor Group - Los Angeles-based company selects experienced hospitality-finance professional to occupy pivotal position ...more

Fairmont Grows Sales Division with Jeff Doane Appointment
Fairmont Grows Sales Division - Appoints Jeff Doane Vice President, Hotel Sales ...more

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Development

PricewaterhouseCoopers Forecasts 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

Larkspur Hospitality Purchases The Cartwright Hotel in San Francisco
New Hotel Is Larkspur's First Downtown SF Hotel ...more

Marriott to Boost Hotel Inventory
Marriott to Add 85,000 to 100,000 Hotel Rooms Between 2007 and 2009 ...more

Interstate Hotels & Resorts Acquires Hilton Hotel in Arlington, Texas for $36.3 Million
Interstate Hotels & Resorts (NYSE:IHR) today announced that it has acquired the 308-room Hilton hotel in Arlington, Texas from Alcor Holdings, LLC, an affiliate of The Blackstone Group for $36.3 million, or $118,000 per key. ...more

Hilton Announces the Exchange of Contracts to Sell Two UK Hotels
Hilton London Metropole and Hilton Birmingham Metropole - for £417 Million ...more

Lowe Enterprises Acquires Hotel Icon, Premier Luxury Boutique Hotel in Houston City Center
Lowe Affiliate Destination Hotels & Resorts to Manage the Property ...more

HVS Releases 2006 Mid-Year U.S. Major Transactions Survey
HVS International, a global hospitality and hotel services firm, recently announced the completion of the HVS 2006 Mid-Year U.S. Major Hotel Transactions Survey ...more

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Financial

Accor: Faster Growth in Third-Quarter 2006: Revenue Up 6.8%
Nine-Month Revenue Up 6.3% ...more

LaSalle Hotel Properties Reports Third Quarter Results
RevPAR Increases 9.0 Percent ...more

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Internet

Lodging Interactive - Internet Sales & Marketing Fundamentals for Hoteliers (Part 2 of 2)
The first element in part one of Internet Sales & Marketing Fundamentals for Hoteliers was Internet marketing. Taking those basics into consideration you will realize better distribution of your property information, optimization will increased the search engine rankings of your website, drive more traffic to your brand web pages and enable better tracking of your results to evaluate your ROI. ...more

Almost All Affluent Working Women Turning to the Internet
According to new research by The Media Audit, affluent working women with family incomes of $75,000 or more are growing in number and 94.3 percent access the Internet during an average month. ...more

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Other

AOL And Four Points by Sheraton Introduce New Pilot Program to Bring Multi-Media Entertainment to Guests
Includes Free Access To Co-Branded AOL.com Portal, Co-Branded AOL CityGuide Experience, AOL Video Digital Family Room Experience and Library of 40,000 Videos, and More ...more

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 .  Appointments 2
 .  Development 7
 .  Features 1
 .  Financial 2
 .  Internet 2
 .  Other 1
 .  Trends 2

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