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Issue 2010-03-08
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LE's 2010 EMEA 2010 Outlook

At the end of Q4 2009, the total Construction Pipeline for EMEA has 1,373 proj-ects/285,770 rooms. Pipeline counts have now declined 22% by projects and 23% by rooms since the Q2 2008 peak. They are expected to decline further, as concerns about the pace of economic recovery, the industry’s operating perfor¬mance and lending issues persist and continue to impact developer sentiment. ...more

Hotel Investment Market EMEA: Transaction Volume to Increase in 2010

According to Jones Lang LaSalle Hotels the hotel investment volume in Europe, Middle East and Africa (EMEA) fell to €2.9 billion in 2009, reflecting the lowest volume of transactions since the late 1990s and a drop of 63% compared to 2008. ...more

The Nevistas Network Releases Free IPhone Application for Its Hospitality News Channels

Stay on top of the latest news, trends and developments in channels such as... hotel, travel, restaurant, airline and cruise. ...more

Carbon Offsets In A Nutshell By Susan Patel

I received an email last week with the question, 'Do you recommend any particular carbon offset company?' Great question and an even better topic to share since March 27 is all about climate change. ...more

Restaurant Trends - Growing And Emerging Concepts - Data Reflects Change and Activity from October 22, 2009 to February 22, 2010

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

Food & Beverage - 6 Price-rise Tactics: Smart Steps to Rebuild Revenue - By Ken Burgin

It's patchy, but there's an economic recovery underway - don't miss the opportunity! ...more

How Small Business Is Using Social Media

The University of Maryland’s Smith School of Business looked at the relationship between social media and small businesses and found that the technology adoption rates in the U.S. have doubled in the past year from 12% to 24%. ...more

Why Conversions Are More Important Than Clicks

Conversion rate optimization is the key to achieving significant ROI in online advertising campaigns ...more

Does Anyone Remember When A Suit Came With Two Pair Of Pants? - By Neil Salerno

Isn't That Like A Hotel Offering 3 Nights For The Price of 2? ...more

Loco Over Local: Four Trends That Are Reshaping Tourism

The travel industry has a pretty good handle on many aspects of its marketplace. For example, we know how many people in the U.S. travel, how often, what products they purchase, how they purchase them and how much they spend. We also know a great deal about the different segments of the travel industry: the transportation and accommodation elements of travel. But when it comes to the things travelers do when they get there - in-destination activities and services - we know surprisingly little. ...more

Does the New Decade Have You Anxious About Your Old Website? - By Anthony Murgio

10 essential web features lodging providers must have to surge ahead in this new decade ...more

Tranche Warfare: The Coming Litigation Among Stakeholders in CMBS Loans - By Jim Butler, Author of Www.HotelLawBlog.com

CMBS loan delinquencies - a problem growing every month at a staggering rate. ...more

Keys to Success - Managing the Intricate Challenge of Today's Hospitality Leadership - By John Hogan

As I continue to speak before hospitality associations and management groups, I have come to believe that the focus of leadership in this industry must evolve with speed and clarity. ...more

Hotel Industry Leading Takes a Step Back in January

Economic research firm e-forecasting.com, in conjunction with Smith Travel Research, announced the U.S. Hotel Industry Leading Indicator—HIL—edged down 0.2 percent in January, the first monthly decrease after nine consecutive months of increases for the indicator. HIL went up 1.4 percent in December. ...more

Cautious Optimism for India Hotel Recovery

The health of India’s hotel industry is returning as data from STR Global, the leading provider of market information to the global hotel industry, shows a concerted upward trend and recent positive year-on-year growth in revenue per available room (RevPAR). ...more

The Hotel Price Index(TM) from Hotels.ca Shows Average Price of Hotel Rooms in Canada Fell 8% in 2009

In Canada, the HPI(TM) shows that Halifax and Quebec City had the highest nightly room rates of major Canadian cities compared to 2008, at an average price per room of $154. ...more

The Average Price of Hotel Room Drops 14% Globally - Hotel Prices at Level Last Seen in 2003

The average price of a hotel room was 14% lower in 2009 than in 2008, according to the Hotels.com Hotel Price Index(TM). ...more

Deloitte French Hotel Performances January 2010

Monthly French Hotel Statistics ...more

European Hotel Valuation Index 2010 - By Pierre Ricord and Tim P Smith

HVS London releases the latest edition of its annual review of European hotel value trends. The Hotel Valuation Index shows that on average hotel values across Europe fell 13%, the second year in succession the index has shown a drop in value. ...more

STR Reports US Performance for Week Ending 20 February 2010

In year-over-year measurements, the industry's occupancy ended the week with a 2.4-percent increase to 55.4 percent. Average daily rate dropped 4.4 percent to finish the week at US$95.81. Revenue per available room for the week fell 2.2 percent to finish at US$53.04. ...more

STR Reports Canada Performance for Week Ending 20 February 2010

In year-over-year measurements, the industry’s occupancy increased 1.8 percent to 57.4 percent. Average daily rate increased 13.7 percent to finish the week at CAD$139.06. Revenue per available room for the week rose 15.7 percent to CAD$79.81. & ...more

Canadian Occupancy, ADR, RevPAR - Week Ending February 20, 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

Spas - Benchmarking Helpful or Harmful - By Judith L. Singer

Spa Benchmarking is one of the 'hottest' topics in the spa and hospitality industries. It is a relatively new discipline; therefore, it is filled with challenges and opportunities. While spa benchmarking studies are very much needed, not all studies are useful... some can actually be quite damaging and harmful. ...more

Lavish Hotels out of Vogue: Marriott

Luxury hotels with $1,000-a-night room rates and extravagant Caribbean resorts may face a tougher recovery than the rest of the industry, Marriott International Inc (MAR.N) executives said on Wednesday. ...more

Hilton Garden Inn Survey Reveals Americans Consider Value and Comfort Most Important When Choosing a Hotel Before a 'Big Day'

Findings Provide Insight Into Consumers' Hotel and Amenity Preferences ...more

An Outsider’s View Inside a Hotel’s Marketing Department: It’s Still About Rate and Customers, but the Tools Have Changed - By Leora H Lanz and Eydie Shapiro

To be a director of marketing in a hotel today is far more overwhelming than it was even two years ago. Marketing challenges still include rate and attracting customers, but the tools have changed. ...more

Cornell Report Profiles Innovative Companies That Exploit Technology and Market Opportunities

A new set of profiles of ten innovative service companies demonstrates the use of technology to create benefits for both customers and companies. The profiles are presented in a new report from the Cornell Center for Hospitality Research. ...more

VIDEO: The Role of OTAs in the Travel Planning Process

VFM Leonardo, the leader in online visual content distribution for hotels, has launched a new episode on VTV Channel: The Role of OTAs in the Travel Planning Process with Chris Anderson, Assistant Professor at the Cornell School of Hotel Administration. ...more

The Most Searched for Flight Destinations from the UK During February 2010

The top seven remained unchanged from January 2010, with flights to New York remaining in position seven. Amsterdam moved up two places into 8th and Dublin moved up four places into 9th, likely due to more people booking cheap flights to Ireland for St Patrick’s Day. ...more

Orlando, Las Vegas Remain Favorites for U.S. Summer Travel

ASTA’s 2010 Summer Hot Spots Survey Reveals Top 10 Choices ...more

Things Are Looking Up for U.S. Airlines

The industry is beginning to show signs of a recovery, with modest increases in revenue and forecasts of growing demand this year. ...more

Staycations on the Agenda for 2010

After a bumper 2009 for the British tourist industry, more and more people look set to stay at home for their holidays in 2010. This trend, which has been dubbed 'Staycationing' is on the rise according to family holidays specialist Haven. ...more

Airline Industry - March Passengers Set to Rise Globally by 5%

5% Globally; 10.5% in Asia/Pacific and 1.2% in North America ...more

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