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Issue 2010-05-10
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Comparative Capitalization Rate Study - By Anne Lloyd-Jones

A review of the differentials in capitalization rates based on location and property type over a ten year period. ...more

Canada’s Hotel Investment Industry Still Shaken by Recession’s Aftershock: Colliers International Hotel’s Annual Report Finds

Canada’s Hotel Investment Industry Still Shaken by Recession’s Aftershock: Colliers International Hotel’s Annual Report Finds ...more

What is Really Happening with the Recovery and How Will It Affect the Hotel Industry? Insightful Perspectives from the Experts at Meet the Money® - By Jim Butler, Author of Www.HotelLawBlog.com

What is really happening with the recovery and how will it affect the hotel industry? Insightful perspectives from the experts at Meet the Money® ...more

Baker & McKenzie Comments on Performance Tests in Contemporary Hotel Management Agreements - By Graeme Dickson, Baker & McKenzie

In this article, we explore currently available performance tests in hotel management agreements, identify the most significant defects in these tests, outline the only viable alternative that is currently considered, without cause termination clauses, and offer an alternative approach to solving these issues, via expert determination. ...more

Q1 2010 - United States Construction Pipeline

In Q1, hotel operations showed continued improvement, with more positive gains in demand and occupancy than initially expected. The economy has improved, as GDP has bounced back significantly in the last two quarters. ...more

Middle Eastern and North African Hoteliers Look to the UK for Growth

In a report released today (2 May 2010) by international law firm DLA Piper on the first day of the 2010 Arabian Hotel Investment Conference (AHIC) in Dubai, it is revealed that the UK has been identified as a key target for investment opportunities by hotel financiers in the Middle East and North Africa (MENA) region. This follows a difficult year, when average room rates in the region were discounted by up to 60%. ...more

Association of Gaming Equipment Manufacturers Releases April 2010 Index

Pushing upward, the AGEM Index closed the month of April 2010 at 116.19, an increase of 8.1 percent from the 107.45 posted in March. The latest report places the AGEM Index with an annual gain of 54.5 percent, well above the broader United States equities markets including: NASDAQ Composite (+45.3 percent); S&P 500 Index (+37.0 percent); and the Dow Jones Industrial Average (+36.3 percent) which broke the 11,000 mark during the month of April. ...more

Planning, Budgeting, and Forecasting Should Put Value Back in the Business

For most consumer products (CP) executives, the process for planning, budgeting, and forecasting (PBF) is inconvenient at best and irrelevant at worst. Time is spent and resources wasted, on an overly complicated process. For what? ...more

Hotel Profits Decline Record 35.4 Percent According to PKF Report

According to survey results in the recently released Trends® in the Hotel Industry report issued by PKF Hospitality Research (PKF-HR), the average U.S. hotel suffered a 35.4 decline in profits in 2009. This is the greatest annual fall-off in the bottom line since PKF-HR began tracking the industry in the 1930s. ...more

Restaurant Trends - Growing And Emerging Concepts - Data Reflects Change and Activity from December 26, 2009 to April 26, 2010

Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

Restaurant Industry Outlook Continues to Improve As Restaurant Performance Index Tops 100 for the First Time in More Than Two Years

Same-store sales and traffic levels turned positive; Operator optimism continued to gain strength April 30, 2010 ...more

Cornell and SAS Webcast Urges Hospitality Firms to Make Wise Use of Social Media

The hospitality industry has been plunged into the world of social media, and a new webcast from the CHR and SAS outlines the challenges that the industry faces, including finding your voice, interacting with your guests, and analyzing comments for market information. Webcast participants focused on the way the industry can work with the rapid growth and evolution of social media to make the best possible use of them. ...more

Best Practices for Responding to Online Hotel Reviews, Part I - By Daniel Edward Craig

As a hotel manager, when a guest comes to the front desk to register a complaint, do you: 1) look busy; 2) skulk out the back door; or 3) handle the matter personally? ...more

Consumer Reports Survey: 52 Percent of Social Network Users Post Risky Information

Annual State of the Net Survey Found Around $4.5 Billion Lost to Viruses, Spyware and Phishing; Tests of Security Software Reveal that Free Options Offer Ample Protection ...more

New WatchMouse Product Detects Online Brand Abuse

Initial Research Reveals 81% of Top 100 Global Brands Are Being Exploited in Search Engine Ads ...more

Hotel Workouts, Hotel Bankruptcies, Hotel Receiverships - Great New Resource for Troubled Hotel Assets- By Jim Butler, Author of Www.HotelLawBlog.com

Quick! Can you name the alternative strategies for troubled hotels? Do you have analytical tools to identify, evaluate and select from the range of options? ...more

Hotel Management Agreement Terminations - Is There a Better Way? - By Jim Butler, Author of Www.HotelLawBlog.com

Terminating Hotel Management Contracts when the manager-owner relationship fails ...more

20|20 Assessment™ Presents Results of New HSMAI Survey of Meeting Planners

The 20|20 Assessment™ team presents key findings from our recently analyzed pre-conference survey conducted for HSMAI’s Affordable Meetings® Mid-America conference. ...more

Get Your Existing Customers Selling For You - By Caroline Cooper

There’s nothing like a testimonial or referral to endorse your hotel or restaurant. Pick up any research on advertising effectiveness and you’ll see word-of-mouth at the top of the list. But they won’t say good things about you unless you meet and exceed their expectations. ...more

Complimentary Report - Workforce Scheduling: Managerial Strategies for Driving Down Costs While Escalating Customer Satisfaction

Learn the strategic approach to scheduling which enables Best-in-Class organizations to achieve greater operational efficiencies as well as ensure higher satisfaction levels among their employees and customers. ...more

Train Your Reservations Sales Team To Offer More Than 'Website Inventory Search Support' - By Doug Kennedy

As anyone who takes reservations inquiries for your hotel can tell you, the majority of today’s first time callers have visited the website prior to calling. Many are even online while they are actually on the phone. ...more

End of European Crisis in Sight

After a long series of completely negative figures, the trend of European hospitality industry has been reversed in a vast majority of countries. They are not all at the same upturn level but the reversal is noticeable in the 3 leader countries that are Germany, France and the United Kingdom. The initiation of the end of the crisis is made possible thanks to a favourable evolution of the occupancy rates since last December. ...more

STR Reports Canada Performance for Week Ending 1 May 2010

In year-over-year measurements, the industry’s occupancy increased 3.3 percent to 63.0 percent. Average daily rate ended the week virtually flat with a 0.6- percent decrease to CAD$123.72. Revenue per available room for the week was up 2.6 percent to CAD$77.94. ...more

Property Taxes in Canada - March 2010 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

Barcelona Experiences Much Needed Growth - Europe Chain Hotels Market Review - March 2010

Barcelona enjoyed a staggering 170% increase in Gross Operating Profit Per Available Room (GOPPAR) in the month of March, according to the latest figures from TRI Hospitality's HotStats. This was thanks to a revenue uplift and a tight control over costs, including a reduction of 9.8% in payroll. ...more

Canadian Occupancy, ADR, RevPAR - Week Ending April 24th, 2010

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

Deloitte French Hotel Performances March 2010

Monthly French Hotel Statistics ...more

STR Reports US Performance for Week Ending 24 April 2010

In year-over-year measurements, the industry’s occupancy increased 2.4 percent to 60.7 percent. Average daily rate dropped 2.4 percent to US$98.16. Revenue per available room ended the week virtually flat with a 0.1-percent decrease to US$59.55. ...more

Doing More With Less - Part 5

Tips to help destinations and attractions dig out of a down economy ...more

Keys to Success - How to Keep the PASSION in Your Career - By John Hogan

Passion - It is not a word that most of us think about when we used adjectives to describe our work. Yet, work is where we spend approximately 25% or more of our time each week (if we work full time) ...more

Study Projects Nearly 45-Fold Annual Data Growth By 2020

Cloud Computing To Stimulate More than $1 Trillion in Incremental Business Revenue by 2014 ...more

Greater Miami and the Beaches' International Visitors Spent Record $11 Billion in 2009

International visitors to Greater Miami and the Beaches generated a record $11 billion in economic impact in 2009 fueled by an increase in the length of stay, increased shopping, and a generally weaker U.S. dollar throughout the year. ...more

New Airfare Data Shows It Pays to Book Flights Early, Then Track the Purchase Price for Potential Refunds

Frugal Travelers That Book at Least 60 Days in Advance & Use Yapta to Monitor Their Purchase Price Score an Airline Refund Nearly 11% of the Time ...more

Consumer Reports Hotel Survey: More Than 27,000 Travelers Rate 48 Popular Chains

Ritz-Carlton, Homewood Suites, Renaissance, Drury Inn & Suites, and Microtel Inn & Suites among the top chains for their price. ...more

Healthy Growth in Global Airline Capacity in May Reports OAG

Global airline seat capacity and frequency will both experience solid growth in May, over the same month a year ago. May seat capacity will grow 6%, and the total number of flights will increase 5%, over the same month last year, reports OAG, (www.oagaviation.com), the global leader in aviation intelligence, in its monthly report on trends in the supply of airline seats and flights. ...more

Pegasus - Hoteiers Getting Back To Business

Rising occupancy rates over the first quarter, along with strong future booking volumes, substantiate that hotel demand seems to have turned the corner, especially in the business travel segment. ...more

Cornell Hospitality Reports Aimed at Building Hotel Revenues Earn Top Awards for Industry Relevance

Cornell Center for Hospitality Research web registrants and board members choose two winners and two runners-up ...more

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