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

Diamondhead Casino Corporation Announces Completion of Due Diligence By Trump Entertainment Resorts
Diamondhead Casino Corporation (BULLETIN BOARD: DHCC) announced that Trump Entertainment Resorts, Inc. (NASDAQ:TRMP) notified the Company that it had completed its necessary due diligence activities relating to the letter of intent signed regarding the Company's Diamondhead, Mississippi property. ...more

10 largest Hotel Projects of the World
The largest, with over 4,100 rooms will be opened by MGM Mirage in 2009 in Las Vegas, USA . ...more

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

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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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Food & Beverage - Selective Menu Revision - By Joe Dunbar
If the higher fuel prices and dropping home values are cutting your covers, you may still see full dining rooms on the traditional busy nights. Keeping the menu intact will allow a baseline business volume to be established each week. Try to use the revenue from these nights to cover all fixed expenses. ...more

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Behavioral Targeting: A Win-Win Proposition?
As consumers spend more time surfing the Web and the online experience becomes increasingly sophisticated, travel companies are spending a larger percentage of their advertising budgets online. And Web advertising is playing an increasingly important role in the evolution of online travel. Programs like Google's Adsense contextual advertising are monetizing Travel 2.0 related startups and leveling the playing field for smaller travel companies. ...more

HSMAI's Best Practices Report on Resort Internet Marketing Now Available to Industry At-Large
The first-ever, comprehensive study of 'Best Practices on Internet Marketing and Distribution for Resorts,' initiated by the Hospitality Sales & Marketing Association International's (HSMAI) Resort Marketing Special Interest Group, just went on sale to the industry-at-large. ...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

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

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Dollars To Doughnuts - What is your Brand Message? - By John R. Hendrie
It is a good bet, 'Dollars to Doughnuts', that somewhere in your advertising and marketing, as you define your Brand, you use the term 'Quality'. That is very reassuring, except, what does that term mean for Hospitality, much less Retail? ...more

What Time Is The 3 PM Parade? (Should your hotel have some Mickey Mouse(r) in it?) - By Kirby Payne and Victoria 'Vicki' Richman
Vicki Richman attended Disney Institute. We have incorporated much of what she learned into our company. Every year we improve our company's culture and that of our hotels. If the Walt Disney Company is any benchmark, it's clearly worth doing. ...more

Creating a Compelling Scorecard - By Sue Kruse
To move an organization from a 'kick me' to a 'count on me' orientation takes accountability and trackable measurement. Sue Kruse talks about how using a Scorecard can help accomplish a proactive environment. ...more

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August 2006 Year To Date Canadian Lodging Outlook
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes occupancy and average room rates from major cities in Canada. ...more

Canadian Occupancy, ADR, RevPAR - Week Ending October 7 - 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

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

Weekly U.S. lodging performance for the week of October 08, 2006 - October 14, 2006
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

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

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2006 European Hotel Guest Satisfaction Index
As the No Smoking Trend Continues to Impact Hotel Markets Around the World, European Hotel Guests Overwhelmingly Prefer a Smoke-Free Environment ...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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US Hotel Telephone Revenues Declined 16 Percent Since 2000
PricewaterhouseCoopers research, supplemented by Smith Travel Research (STR) and Cellular Telecommunications and Internet Association (CTIA) data, indicates that telecommunications revenue in hotels has declined an average of 16 percent since its peak in 2000. ...more

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Seven Trends that will transform the Timeshare Industry in 2007 - By Lawrence Hefler
The timeshare industry with 10 billion in worldwide sales is quickly approaching its fifth decade. In the coming year, millions of travelers around the world will encounter and experience timeshare vacation ownership, fractional ownership, residence clubs, and condo-hotels. ...more

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Is The Party Over? The Challenge Of Decreasing Demand - By Carol Verret
Is the party over? Has the hotel industry been lulled into becoming 'fat, dumb and happy' after the stunning REVPAR growth of the last 2+ years? Has the industry peaked and is now on the downside of the curve? ...more

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