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2008-01-28 Hospitality Trends

Development

Economy Hotel Development Trends in Mainland China - By Li Chen and Fiona Fang
Since the first opened in 1997, economy hotels in mainland China have spread far and wide, filling a need for millions of business and leisure patrons seeking a convenient, economical, and increasingly comfortable place to rest. ...more

Asian Hotel Sales Reach Record High of US$10.8 billion in 2007
Hotel transaction activity in Asia reached US$10.8 billion during 2007, more than double the previous high of US$5.0 billion recorded in 2006. ...more

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Employment

Cornell Study: Employees Must Rebuild Networks after Downsizing
Cornell Hotel Study Examines Effects of Layoffs on Hospitality Employee Communication Networks ...more

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Environmental

CFL Pricing, Quality, Technology Will Continue to Improve in 2008
Somewhere between 60 percent to 70 percent of U.S. hotels now use compact fluorescent lamps (CFLs), one lodging industry expert estimates. There is no doubt that number is going to grow. ...more

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Financial

Is a Recession on the Way?
Economists and politicians can debate all they want about whether the nation is sliding into its first recession in nearly seven years. To Chuck Rizzo, the picture is clear. ...more

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Food and Beverage

Burgers, a Universal Favorite, Are Eaten by 85 Percent of Consumers at Least Once a Month, Says Technomic
New research from foodservice consultancy Technomic found that nearly everyone enjoys burgers from time to time. In a recent survey of 1,200 U.S. consumers, the vast majority (85 percent) said they eat burgers once a month or more, only 6 percent say they never eat burgers. ...more

Food & Beverage - Manager Skills in a Recession: Are You Ready? - By Ken Burgin
Tough times need smarter managers - is your team ready for the challenge? ...more

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from September 15, 2007 to January 22, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

Technomic Shifts its Restaurant Industry Forecast Downward
Citing a larger-than-expected slowdown in discretionary consumer spending, foodservice consultancy Technomic revised its 2008 U.S. foodservice industry nominal growth forecast downward from 5.1% to 3.6%. ...more

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Internet

Does Loyalty Exist in the Online Travel World? Interview with Tom Russell, VP of Brand Marketing, Orbitz Worldwide
Suppliers are focusing on implementing tailored web strategies for their loyal members, offering a number of personalization tools and features distinctive for each member based on their membership profile. As the race for influencing and retaining consumer evolves, what does 'loyalty' stand for online travel agencies? (12/21/2007) ...more

What the Heck is Hotel Web Site SEO, Anyway? A Hotel Marketer's Guide to Search Engine Optimization - By Neil Salerno
I often wonder how many people truly understand the process of search engine optimization and what it means to have a search engine friendly web site. ...more

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Management

Leadership - What Will Happen if Nothing Changes? - By Gregg Thompson
Many of us who lead organizations go through a very similar routine this time of the year. We start by admonishing ourselves for the mistakes of the past year -the projects left undone and the opportunities not seized. We grit our teeth, clean off our desks, start a fresh notebook and resolve to make significant changes in the way we will work in the coming year. Year after year, the same resolutions are made: ...more

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Market Reports

Travel & Tourism Leaders Forecast Continued Growth for 2008
Despite repercussions of the ongoing global credit crunch, Travel & Tourism leaders today revealed that the industry will moderately be impacted and signalled continued growth rates for 2008 at a reduced pace. ...more

Meeting Planners - Resigned To A Seller's Market - By Robert Mandelbaum
Given the strength of the U.S. lodging market, it is no surprise that meeting planners appear to have accepted the fact that is it a seller's market. Meeting planners have not abandoned their efforts to control their budgets. However, rising room rates, attrition clauses, and second-tier cities are no longer the hot button issues they once were. ...more

Canadian Occupancy, ADR, RevPAR - Week Ending January 12, 2008
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

French Hotel Industry - November 2007
Monthly French Hotel Statistics ...more

Monthly U.S. Lodging Performance December 2007
Monthly summary of Occupancy, ADR and REVPar for the United States. ...more

2007 A Good Year For Hotel Performance Across Europe
First year-end 2007 data from the HotelBenchmark Survey by Deloitte reveals another good year for European hoteliers despite the lack of sport and cultural events seen in 2006. Overall revenue per available room (revPAR) grew 6.6% to reach €85. ...more

HVS Market Intelligence Report: Northwest Arkansas - By Leslie Baker
With business booming and mountainous beauty close at hand, industry thrives alongside tourism and agriculture in Northwest Arkansas. ...more

Tourism in South America is here to stay - By Arturo García Rosa
The hotel industry keeps pace with the growth of the economy at a global level, and for Latin American countries opportunities for development are many ...more

Clear Skies Ahead? Challenges and Trends Shaping the UK Hotel Industry in 2008
Russell Kett and Michael Schwarz of HVS London have looked at five major trends and factors ...more

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Other Articles

Your Input Wanted!
With your help, we hope to create a Forum for Excellence, tapping into experts, providing provocative panels, discussion, positions and opinions, offering cutting edge products and services, driving this generation of leaders into the future. ...more

Transform Your Company: Drive Results Through Performance - Traits For Success Create That Edge - By John R. Hendrie
Your people make the difference! They deliver on your Brand. ...more

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Travel Trends

Farecast 2008 Spring Break Forecast: Travelers Will Pay Over 10 Percent More
Fares for peak spring break trips are up 10-12 percent this year over 2007 ...more

Business Travelers Demand Refunds For Delayed Flights
Travel delays remain a problem for business travelers and a recent survey has found that more than 80% feel airlines should provide a sliding scale refund if flights are late. ...more

Travelport CEO sees no major travel slowdown
Travelport, a services firm owned by Blackstone Group LP, sees no major impact on travel as a result of an economic slowdown, its president and chief executive said on Tuesday. ...more

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 Departments

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. Development 2 items
. Employment 1 item
. Environmental 1 item
. Financial 1 item
. Food and Beverage 4 items
. Internet 2 items
. Management 1 item
. Market Reports 9 items
. Other Articles 2 items
. Travel Trends 3 items

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