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2007-11-12 Hospitality Trends

Development

The Reciprocal Value of City Development - By David Bone
Major developments in the Fort Worth area are drawing new patrons to the office, retail, and lodging markets, breathing new life into the city 'where the west begins.' ...more

Despite US housing woes Canadian real estate remains upbeat
Leading real estate experts are predicting the US commercial real estate market will slow in 2008 and follow a similar pattern as the current residential market. However, according to the annual Emerging Trends in Real Estate(R) 2008 report, released by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI), their Canadian counterparts are much more upbeat. ...more

Cornell Hospitality Design Roundtable Foresees Market Changes that Will Alter Hotel Design
Changes in the hotel market will require new design ideas from the inside out and from outside in, according to participants in the 2007 Cornell Hospitality Design Roundtable, held in October at the Cornell University School of Hotel Administration. ...more

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Employment

Cornell Helps Hospitality Managers Optimize Staffing Levels
A new, web-based tool from Cornell's Center for Hospitality Research will help managers in all hospitality settings achieve the best possible staffing mix, especially in seasonal operations ...more

Employee Screening with Job-Simulation Videos - By Jim Houran
Job-simulation videos provide applicants a realistic preview of the job requirements and demands. This helps poor-fit applicants to self-select out of your recruitment process, saving you time and money. ...more

Gaming Industry - Shifts In Compensation - By Keith Kefgen and Howard Krieger
Bonuses way up, stock options way down in HVS International's 2007 Gaming Industry CEO Survey ...more

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Food and Beverage

Cornell Roundtable Looks at Local Food Sources
Restaurants at all levels are heeding customers' demand for fresh, locally produced foods, according to participants in the Cornell Food Safety and Nutrition Roundtable, held in September 2007 at the Cornell School of Hotel Administration. ...more

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from 07/01/07 to 11/01/07
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

Technomic Examines Growth, Opportunities for Restaurant Franchise Companies
Restaurant franchise companies (franchisees) are the driving force behind the growth of many restaurant chains in both limited- and full-service sectors. Pizza Hut, Burger King and Applebee's are a few of the many brands that have thrived from franchising. ...more

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Internet

Worldwide Electronic Hotel Revenue Up 14.6 Percent in Q2 2007
Quarterly eMonitor Reports Annual Growth for Room Nights at 4.4 Percent ...more

Online Travel Agents in China Challenge Conventional Agencies
With nearly seven in 10 Chinese leisure travellers accessing destination websites, and about six in 10 using online travel discussion forums to source information, travel operators and tourism promotional bodies will need an effective Internet presence to capture the opportunities presented by Chinese outbound tourism, according to a new research study conducted by The Nielsen Company in partnership with the Pacific Asia Travel Association (PATA). ...more

ICE Portal's Content Management System Now Features the Ability to Showcase Seasonal Images
Most hotels use images to successfully market and sell their properties. However, as many hoteliers know, their property's appearance can drastically change from one season to the next. In a less technologically-savvy era, hoteliers had to either display generic year-round images of their properties or choose to only showcase their hotel during their peak-season. ...more

ProfessionalTravelGuide.com Signs Strategic Content Partnerships With Leonardo And Ice Portal
New Partnerships Provide Delivery of Rich Visual ...more

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Management

R-E-S-P-E-C-T Aretha Knew What She Was Talking About - By Nektaria Hamister
Respect Your Customer, For Better Or For Worse ...more

How To Avoid The 5 Laws Of Defeat Of Business Leadership
Even the most successful business leaders make mistakes, sometimes minor missteps, other times poor judgment which sends a business reeling and forced to play catch-up to recover. Organizational strategist and leading business consultant Steven Feinberg, who has helped major companies such as Wells Fargo, Visa and Sun Microsystems, says mistakes don't 'just happen,' but are the direct result of poor timing, interaction errors, perceptual problems, and organizational deficiencies. ...more

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Market Reports

Top 10 Group Events October 2007 - North America & Selected Markets
Square Footage Meeting Space Occupied, Square Footage Catered, Estimated Number of Attendees ...more

Canadian Occupancy, ADR, RevPAR - Week Ending October 27, 2007
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

Caribbean Hotels Match U.S. Profitability
Unique Operating Environment Reduces Some Costs ...more

Kentucky Tourism Revenues, Occupancy Rates Dramatically Higher
Has become $10.1 billion industry ...more

Hotel Performance in Barcelona and Madrid
Both Cities show RevPAR improvement ...more

Weekly U.S. Lodging Performance for the week of Oct 28, 2007 - Nov 03, 2007
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

US Lodging Industry's Pre-Tax Profits Advance to $26.6 Billion in 2006
AH&LA Releases 2007 Lodging Industry Profile ...more

Canadian Occupancy, ADR, RevPAR - Week Ending November 3, 2007
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

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Other Articles

Bang For Our Buck - How To Slug Through The Advertising Miasma - By J. Ragsdale Hendrie
We spend an enormous amount of time defining our Hospitality products and services. Then, we exert our energies to establish some Marketplace credibility. We research, we learn about our perceived Market, we festoon our name attractively for entry, now ready to go to town, we think. Then, 'kaboom', we realize that the Market in which we seek to do business is really a cluttered landscape - noisy, competitive, inattentive, unresponsive, disloyal, hard to please, harder to reach. ...more

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Travel Trends

The Fiji Islands Top Choice For The Dream Honeymoon Destination
Honeymooner's Review Guide just completed a poll for couples in the process of planning their honeymoons and expressing where they would 'like' to go for their honeymoon. ...more

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. Development 3 items
. Employment 3 items
. Food and Beverage 3 items
. Internet 4 items
. Management 2 items
. Market Reports 8 items
. Other Articles 1 item
. Travel Trends 1 item

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