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2008-02-04 Hospitality Trends

Development

Top Ten U.S. Hospitality Development Trends
Good Hotel News Amid Uncertain Economic News In 2008 ...more

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Food and Beverage

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from September 22, 2007 to January 29, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

Food & Beverage - How to Avoid a Price War with Your Competitors - By Ken Burgin
A customer phones, and their first question is one you hate: 'How much are the main courses at your place?' or 'What are your cheapest party menus?' ...more

Restaurant Performance Index Declined for the Fourth Consecutive Month in December
Operators reported negative same-store sales and traffic, Economy is a growing concern ...more

Food & Beverage - Coffee and Dessert Contest - By Joe Dunbar
Is your dining room traffic slower due to seasonal changes, economic conditions or local competition? ...more

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Internet

What the Heck is Hotel Website PageRank, Anyway? A Hotel Marketers Guide to Understanding Website PageRank - By Neil Salerno
Among the many terms often mentioned among web site knowledgeable people is PageRank. In reality, it has great importance, although I don't think there is a popular consensus for why it is so important to a web site, nor how it functions. ...more

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Management

Six Principles for Creating the Ultimate Customer Experience - By Dr. Rick Johnson
Service excellence starts with Inside Sales? Since customers buy expectations when they do business with your company, Inside Sales must be skilled at building sales relationships. Remember, 'Perceived Value Drives Customer Expectation' - 'Performance Value Drives Customer Satisfaction'. So exactly what does that mean? ...more

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Market Reports

London Hotels Enjoy Double-Digit Profit Growth During December 2007
UK Chain Hotels Market Review - December 2007 ...more

Meeting Professionals Expect Healthy Attendance And Budget Increases In The Coming Year
Meeting Professionals International And American Express Study Forecasts Solid 2008 For Meeting Industry ...more

Fourth year of double-digit revPAR growth for Middle East hotels
The Middle East hotel industry is still one of the fastest growing regions in the world according to year-end 2007 results from the HotelBenchmark(TM) Survey by Deloitte. Out performed only by Central and South America, the Middle East saw revenue per available room (revPAR) grow 17.0% exceeding both Asia Pacific and Europe. ...more

Weekly U.S. Lodging Performance for the week of Jan 20, 2008 - Jan 26, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

Rising Inflation and Threats of a Recession: Should U.S. Hoteliers Be Worried?
Declining U.S. hotel occupancy levels should be more than offset by rising room rates in 2008 according to PKF Hospitality Research (PKF-HR). Given the recent dour economic news and talk of a potential recession, PKF-HR analyzed the historical relationships between key economic indicators and the performance of the U.S. lodging industry during times of economic stress. While a slowdown in Gross Domestic Product (GDP) growth may lead to moderation of increased demand for hotel rooms, a surge in inflation should allow hotel managers to boost their room rates. ...more

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Other Articles

Marketers Subdued About 2008 Spending
Drastic marketing budget increases are not likely this year for most marketers worldwide, based on a survey conducted by the CMO Council and sponsored by Deloitte Consulting, Marketo and TechTarget. ...more

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Travel Trends

Air Transport Association Reports 0.2 Percent Increase in Industry Cost Index
Record Load Factor Helps U.S. Airlines Offset 91 Percent Increase in Costs Since 2000 ...more

World Tourism Exceeds Expectations In 2007
The year 2007 exceeded the expectations for international tourism with arrivals reaching new record figures close to 900 million. The results confirm both the sustained growth path of the past years and the resilience of the sector regarding external factors. This development has been supported by a strong world economy, which has experienced its longest period of sustained growth for more than two decades. ...more

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. Development 1 item
. Food and Beverage 4 items
. Internet 1 item
. Management 1 item
. Market Reports 5 items
. Other Articles 1 item
. Travel Trends 2 items

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