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STR reports US performance for week ending 31 October
Published: 2009-11-06 15:33:48The U.S. hotel industry posted declines in all three key performance measurements during the week of 25-31 October 2009, according to data from STR. In year-over-year measurements, the industry’s occupancy fell 7.2 percent to end the week at 51.8 percent. Average daily rate dropped 7.2 percent to finish the week at US$98.99. Revenue per available room for the week decreased 13.8 percent to finish at US$51.28.
STR reports Canada performance for week ending 31 October
Published: 2009-11-06 15:30:55In year-over-year measurements, the industry’s occupancy decreased 6.7 percent to 55.7 percent, ADR dropped 6.4 percent to CAD$122.77, and RevPAR decreased 12.6 percent to CAD$68.40.
http://www.hotelnewsnow.com/Articles.aspx?ArticleId=2157
How OTAs boost bookings on your own Web site | By Patrick Mayock
Published: 2009-11-06 15:29:10The Choice Hotels-Expedia brouhaha of recent weeks has shined a scorching spotlight on the fickle relationship between hotel companies and online travel agencies. Call it the industry’s version of a celebrity breakup scandal. But while the focus of debate has centered on last-room availability and other contractual terms surrounding room bookings, there’s a fundamental component of this precarious affiliation that’s gone largely ignored: visibility.
http://www.hotelnewsnow.com/blog.aspx?PageType=Blogs&b=2158
Mr. Michel Rochat named as head of the Ecole hôtelière de Lausanne
Published: 2009-11-06 12:30:59The Board of Governors of the Ecole hôtelière de Lausanne (EHL) is pleased to announce the appointment of Mr. Michel Rochat, currently General Director of Higher Education for the Canton of Vaud as General Director of EHL. Between 2003 and 2008 Mr. Rochat was at the head of the University of Applied Sciences Vaud, covering six specialised universities of applied sciences in the Canton, including the School of Business and Engineering Vaud (HEIG-VD) and the University of Art and Design Lausanne (ECAL), and has shown proof of superior management capacities and a strong strategic vision.
U.S. Travel Industry to Add 90,000 American Jobs in 2010
Published: 2009-11-06 10:08:43The U.S. Travel Association today announced that projected modest 2010 increases in leisure, business and international inbound travel will enable the industry to add nearly 90,000 American jobs. Leisure travel is expected to rise 2.0 percent, business travel is projected to increase by 2.5 percent and international inbound travel will increase by nearly 3.0 percent. These job gains come on the heels of 400,000 combined travel industry job losses in 2008 and 2009.
Consultants Predict 13 Restaurant and Hotel Food and Dining Trends for 2010
Published: 2009-11-06 09:53:41Joseph Baum & Michael Whiteman Co. creates high-profile restaurants around the world for hotels, restaurant companies, major museums and other consumer destinations. Based in New York, their projects include the late Windows on the World and the magical Rainbow Room, Equinox in Singapore, the world’s first food courts, and five three-star restaurants in New York, and numerous first-class hotels. Their predictions follow …
Peaks Capital Partners LLC Acquires Telluride Resort & Spa LLC and Peaks 122 123 LLC.
Published: 2009-11-06 09:46:52Peaks Capital Partners LLC is pleased to announce the acquisition of Telluride Resort and Spa LLC and Peaks 122 123 LLC, the entities which own the Peaks Resort and Spa and additional land in Mountain Village, Colorado (the “Resort”). The ski-in / ski-out Resort, whose great room offers spectacular views of Mt. Wilson, includes: 140 transient guestrooms, a 42,000 square foot spa and fitness center and approximately 5,000 square feet of meeting and banquet space as well as full-service restaurant and a coffee shop.
Fairmont Pairs VISIONLINE and Signature RFID by VingCard® to Secure New Property
Published: 2009-11-06 09:39:55VingCard Elsafe, a leading hospitality security provider and part of the ASSA ABLOY Hospitality Group, announced the installation of VISIONLINE by VingCard, its wireless RF-online system, and Signature RFID by Vingcard, its contactless electronic door locks with NFC cell phone compatibility, at Fairmont Pittsburgh. The 185-room luxury property, scheduled to open in March 2010, offers access to Pittsburgh’s business, hospitality and retail hub and viewing access of PNC Park, Pittsburgh’s historic downtown area and Mount Washington. Located within Pittsburgh’s downtown urban setting, Fairmont Pittsburgh is the face of the future where travelers can feel safe and connected whether visiting for business or pleasure.
Augmented Reality and the World of Science Fiction | Ian Yeoman
Published: 2009-11-06 09:28:34Are you a fan of James Bond and x ray vision? Think this is science fiction? Think again, augmented reality (AR) places a virtual world in front of a physical object. AR is a term for a live direct or indirect view of a physical real-world environment whose elements are merged with (or augmented by) virtual computer-generated imagery - creating a mixed reality. Tom Caudell, a researcher at aircraft manufacturer Boeing, coined the term “augmented reality” in 1990.
eRevMax / RateTiger announces strategic growth plan
Published: 2009-11-06 09:03:30Today, eRevMax/RateTiger announced its new corporate and management structure, together with plans for global expansion through organic growth and acquisitions. With the development and introduction of new products over the last few years, eRevMax has become the largest and leading provider of online benchmarking and channel management technology in the hospitality marketplace. Just recently the software company successfully launched the first automated revenue management system, RTStrategyEngine, and completed the acquisition of 'SimpleDistribution', a web-based channel-management solution for small hotels, from RateReports. Going forward eRevMax will continue to invest into its leading product lines while accelerating growth through strategic acquisitions.

