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2008-05-19 Hospitality Trends

Development

Caribbean: Confidence High After Record Breaking CHTIC Highlights $100 Billion In Investments
Confidence High as Investment Community Looks at Caribbean for Future Development ...more

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Employment

Filling the Gaming Industry Need for Talent - By Howard Krieger
You don't have to think outside the box, the answer may just be in a different box. ...more

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Environmental

AH&LA Survey Identifies Hotels' Top Green Initiatives and Challenges
Linen Reuse Program Most Frequently Implemented, Guestroom Thermostats Need Most Improvement ...more

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Financial

Sovereign Asia Investing in U.S Real Estate - By Robin Trehan & Jerry Cedicci
With America's ever-slowing economy, a big boost would really help to improve the financial status of the country. If an Asian fund were to invest in different U.S. companies and its real estate, the big financial slow-down would pick up speed. ...more

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Food and Beverage

Food & Beverage - Food Cost and Portion Size - By Joe Dunbar
Would your restaurant guests welcome smaller portion sizes for a similar check average? After a week on the road dining out each day, I believe the answer is yes. The weakening economy and rising commodity costs have everyone talking about costs. ...more

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from January 5, 2008 to May 5, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

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Management

Lessons from the Field - Finding Business Leads Can Be Easier Than You Think - By John Hogan
It certainly seems the cost of travel is going up these days. The cost of gas for our vehicles, of fuel for the airlines and even of food for a variety of global reasons are affecting the asking prices facing travelers. With a US Presidential election just around the corner as well, the advertising rates in certain mediums are likely to be rising as well. ...more

Hotel Sales 2.0 - Tactics to Drive Business in a 'Not So Hot' Summer - By Carol Verret
The forecasts for this summer are mixed but all agree on one thing - hotels will not be driving close to double digit REVPAR growth in summer 2008! However, wherever there is gloom there are also opportunities for those able to identify them! ...more

Food & Beverage: Creating Operational Consistency In a Nutshell - By Chris Beckler & Susan Lynn, Logan's Roadhouse
The most successful restaurants are successful because they provide consistent value to their customers. It's important to create consistency, but how does one go about it? Often restaurateurs believe that creating that consistency is very difficult, but with proper training, it's very achievable. ...more

The Role of the 21st Century Professional Sales Representative - By Dr. Rick Johnson
The role of field sales in the past focused around selling products to customers. The role has shifted rapidly to developing solutions and programs for customers that, once sold, allow product to flow through the business-to-business relationship. Today's professional sales person has an obligation to employ all the company resources necessary to create and maintain competitive advantage in their market place. ...more

Food & Beverage: New Restaurant Openings: One Man's Viewpoint - By Greg Witmer, Director of Training, 99 Restaurants
Opening a new restaurant is always a challenge for everyone involved. One can think of openings as an organizational test that involves site selection, building, legal issues, the HR department, marketing, operations and trainers. Does your organization have an overall philosophy around opening? ...more

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Market Reports

Canadian Occupancy, ADR, RevPAR - Week Ending May 3, 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

March 2008 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

Riyadh Market Snapshot
An overview of the Riyadh market ...more

Fujairah Market Snapshot
An overview of the Fujairah market ...more

Dubai Market Snapshot
An overview of the Dubai market ...more

Weekly U.S. Lodging Performance for the week of May 04, 2008 - May 10, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

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Technology

Should Your Mobile Strategy be About ROI or Brand Advocacy?
After a decade of false starts, the travel and tourism industries are beginning to embrace mobile and wireless technologies. Hotels, airlines and online agencies all are getting in on the act. But are these travel companies using mobile technology to actually drive bookings, or are they using this channel in a different way? ...more

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Travel Trends

Study Shows 'Hybrid' Airlines Edging out Traditional LCCs
Trends Shows Pure Low-Cost Carriers in Midst of New Age ...more

2008 Pet Travel Statistics Reported by BringYourPet.com
BringYourPet.com (www.bringyourpet.com), a leading pet friendly hotel, motel and lodging directory continuously polls thousands of its Web site visitors, newsletter subscribers, and random households regarding their travel and purchase habits. ...more

Chicago O'Hare is Busiest Airport Over Memorial Day Weekend for Third Consecutive Year
Orbitz Insider Index Also Reveals That Las Vegas, Orlando and Miami are the Top Three Memorial Day Weekend Destinations ...more

Survey Reveals 90 Percent of U.S. Respondents Planning Leisure Travel this Summer
73 Percent to Drive and 71 Percent to Fly - Americans Modifying Plans Due to High Gas Prices ...more

Air Transport Association Forecasts Marginal Decline in Heavy Summer Demand
Airlines, Airports and Government Have Plans for Smooth Travel and Minimized Delays - Soaring Fuel Prices Create New Challenges for Struggling Industry ...more

A Cloudy Outlook for Summer Travel?
Access America's National Survey Finds 2008 Summer Vacation Plans Down Seven Percent Compared to 2007 ...more

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Yield Management

Real Conversations Increase Reservations Conversions - By Doug Kennedy
There is no doubt that hotels across all market segments have invested heavily in reservations sales development. Besides scheduling outside training, most hotels have a regular telephone mystery shopping program in place, and the majority seem to factor results into frontline staff, management and General Manager incentive programs. ...more

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. Development 1 item
. Employment 1 item
. Environmental 1 item
. Financial 1 item
. Food and Beverage 2 items
. Management 5 items
. Market Reports 6 items
. Technology 1 item
. Travel Trends 6 items
. Yield Management 1 item

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