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  • Upper-upscale branded hotels’ operating expense trends | hotelnewsnow.com

    Published: 2009-11-24 15:23:47

    Hotels have been cutting back on operating expenses because of the current economic conditions, but how have the past years’ expenses trended versus revenue growth? This article explores the past three years’ upper-upscale branded hotels’ operating revenues and expenses. (Upper-upscale brands include such brands as Hilton, Marriott, Westin and Hyatt.) Using Smith Travel Research’s Hotel Operating Statistics Study (HOST) data, we sampled data from 575 U.S. upper-upscale, full-service hotels from 2006 through 2008. The average hotel size in this sample is 462 rooms.
    http://www.hotelnewsnow.com/Articles.aspx?ArticleId=2258

  • EZYield.com Wins Silver Adrian Award for Newly Redesigned Website

    Published: 2009-11-24 15:19:52

    EZYield.com, the originator of automated online channel management solutions for the worldwide hospitality industry, has been honored with a prestigious Silver Adrian Award for Web Marketing Excellence in the 53rd annual Adrian Awards Competition. The Adrian Awards are presented by the Hospitality Sales & Marketing Association International (HSMAI), an organization of sales and marketing professionals from all segments of hospitality, travel, and tourism. In the recent 2009 competition, entries were judged by over 200 top industry executives, and winners were chosen from thousands of entries submitted by travel-related companies around the world.

  • Can an exciting casino experience change consumers’ current gloomy mood? | By Jonathan Barsky and Lenny Nash

    Published: 2009-11-24 15:02:27

    Despite the impact of the recession, the United States remains the world’s largest market for casino gaming. But revenues at casinos nationwide have slipped 7% in 2009, with Atlantic City and Las Vegas markets experiencing much bigger declines. Customer satisfaction with casinos across the US is also down in 2009 due to broad cuts in staff, service, and player reinvestment. However, based on a recent Market Metrix Casino Market Study, some casinos and regions are faring better.

  • Chartres Lodging Group Completes $70 million Renovation of Colorado’s Largest Hotel, the 1,231-room Sheraton Denver Downtown

    Published: 2009-11-24 14:49:29

    Sheraton Hotels & Resorts announced today the culmination of a $70 million renovation to the Sheraton Denver Downtown Hotel, Colorado’s largest hotel. Sheraton Denver’s extensive renovation is part of a $6 billion brand-wide global revitalization effort, which includes upgrading 100 hotels in the U.S., renovating 50,000 guest rooms and re-designing more than 100 new lobbies. To mark the celebration, Starwood CEO Frits van Paasschen will present a $5,000 contribution to Mayor John Hickenlooper to benefit Denver’s Road Home, whose mission is to end homelessness in the city.

  • Maestro PMS Certified for PCI Compliancy, PA-DSS Standards

    Published: 2009-11-24 14:36:04

    NORTHWIND-Maestro PMS, provider of Maestro™ enterprise Property Management hotel software and reservation software solutions for the hospitality industry, announced that the PCI Security Standards Council certified the Maestro PMS as fully compliant with the Payment Card Industry’s Payment Application Data Security Standard (PA-DSS) and added Maestro to their website List of Validated Payment Applications.

  • STR releases updated forecasts through 2011

    Published: 2009-11-24 09:10:22

    As part of its monthly forecast program, STR is projecting the U.S. hotel industry will report increases in all three key metrics in 2011. STR’s forecast projects 2011 occupancy to be up 2.4 percent to 56.2 percent, average daily rate to increase 3.0 percent to US$96.81, and revenue per available room to jump 5.5 percent to US$54.41.

  • Houston, venue of Expo Destinos Latinos 2010

    Published: 2009-11-24 08:27:20

    Abstract: Expo Destinos Latinos - The Latin Destinations Show presents to the tourist markets of the United States, Canada and rest of the world a selected tourism offer of Latin America and the Caribbean to enrich the traveler experience in Houston, Texas, USA.

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