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2008-06-30 Hospitality Trends

Employment

Oil-Fueled Catastrophe in the Airline Industry Would Cripple U.S. Economy and Eliminate American Jobs
The skyrocketing price of aviation fuel will have devastating implications far beyond new surcharges for checked bags and in-flight beverage services according to a new study prepared by the Business Travel Coalition (BTC). ...more

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Environmental

Hospitality leaders call sustainability a key priority
Industry, academic leaders address opportunities at panel led by Cornell School of Hotel Administration ...more

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Financial

Select Financial Performance - By Robert Mandelbaum and Steven Nicholas CHA
The great investment return that the limited-service segment can provide is probably the worst kept secret in the hospitality business. Gone are the days that any hospitality professional will say, 'No one will stay at a hotel without all the bells and whistles of a full-service hotel.' ...more

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Food and Beverage

Restaurants Attracting Stimulus Dollars - By Joe Dunbar
Based on a very unscientific survey of local restaurants, I have noticed a pickup in mid-week traffic. Parking lots have gone from nearly empty in March to spotty on slower nights. Weekends are still jammed here in Northern Virginia. ...more

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from February 16, 2008 to June 16, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

Food & Beverage - Keep It Simple Regression - By Joe Dunbar
Simple linear regression is an excellent analysis tool for sales forecasting, budgeting and cost efficiency studies. Although the name sounds inviting to many, the number of restaurant operators taking advantage of the power of regression is too small. Today, spreadsheet software performs all the complex calculations required to determine the least square coefficients. ...more

Technomic Says Restaurants Vulnerable to Long-Term Shift in Consumer Food-Spending Habits
Acknowledging the challenges currently facing many restaurant operators, speakers at a major industry conference hosted today by foodservice consultants Technomic also discussed the larger threat that consumers will develop new food-spending habits that may endure after the economy improves. ...more

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Internet

New Phocuswright Study Reveals Late Adopters Propel Online Travel
PhoCusWright Report Finds Evolution in Online Traveler Profile ...more

The Perfect Storm: Search, Shop, Buy Part 1 - By Philip C. Wolf
The successful theme of last year's PhoCusWright Conference, 'Braving the Long Tail,' and 'Travel 2.0 Confronts the Establishment' the year before, set the stage for the storm that is now brewing in the online travel space. ...more

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Management

Why Sensitivity Training Is Insensitive and Patronizing - By Simma Lieberman
I've often been asked if I 'do sensitivity training' - I found myself getting irritated by the very term 'sensitivity training', and didn't know why I had such a visceral reaction. ...more

Personalized Hospitality Excellence Still A Deliverable! - By Doug Kennedy
Despite all the negative publicity we read these days about the erosion of customer service, genuine, authentic hospitality is still being delivered daily by frontline superstars. ...more

Driving REVPAR in the Current Economy: The Shift from Managing Demand to Generating Demand - By Carol Verret
In the past eighteen months, demand has remained relatively flat while rate has increased by between 7% in 2007 and almost 9% in 2006. The consumer that seemed so resilient to rising hotel rates has 'collapsed', in the words of Bernie Sternlicht, Chairman and CEO of Starwood, pressured by rising gas prices and the resulting cost of goods, not to mention the loss of equity in their largest investment, their homes. (BTNOnline, June 2, 2008)) ...more

How to Make Safety a Marketing Plus, Not a Nuisance - By Ken Burgin
We all know about the bureauracy: forms to fill out, insurance costs, extra training and endless inspections. ...more

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Market Reports

Canadian Occupancy, ADR, RevPAR - Week Ending June 14, 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

Monthly U.S. Lodging Performance May 2008
Monthly summary of Occupancy, ADR and REVPar for the United States. ...more

May 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

HVS Market Intelligence Report: San Antonio, Texas - By Shannon Sampson
Texas' second-largest city is experiencing growth never before seen in its long and storied history. ...more

Overview of the Japanese Lodging Industry and Its Investment Trends - Past, Present, and Future - By Emily Smith
Japan's lodging industry has been shaped by cultural and economic forces that have historically dissuaded many Western hotel brands from becoming participants. However, recent investment trends have opened the door for these brands. ...more

May 2008 Global Hotel Review
This report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for selected markets and countries for February 2007. ...more

Fourth Consecutive Year of Growth in 2007 for Europe's Tourism
ETC report confirms that Europe's tourism growth has continued to exceed the long-term UNWTO forecast ...more

International Visitation and Spending Up in the First Quarter of 2008
The U.S. Department of Commerce today announced international visitation to the United States rose 15 percent, and visitor spending increased by 20 percent in the first quarter of 2008 over last year. In March 2008, visitation to the United States climbed substantially to 4.7 million, an increase of 19 percent over March 2007. ...more

Emerging Tourism Markets - The Coming Economic Boom
International tourism in emerging & developing markets has grown at an average rate of 6-8% over the past decade. Twice the rate of industrialized countries. ...more

Weekly U.S. Lodging Performance for the week of June 15, 2008 - June 21, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

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Other Articles

Mike 'Shiny' Dimond: One of the Great Hotel Sales Impresarios - By David M. Brudney
I have this great photo hanging on my office wall. It brings such a smile to my face every time I look at it. The smile will be mixed now with the pain of losing a dear friend and colleague and the memories of a 40-year relationship. ...more

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Security

AH&LA PCI Compliance Primer Provides Strategies For Securing Credit Card Operation
New Resource Defines Major Hotel Security Issue and Ways to Keep Credit Card Information Safe ...more

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Technology

AH&LA Study Reveals Current and Future Technology Trends in Hospitality
Wi-Fi and Customer Satisfaction Noted as Top Guest Demand and Motivation for Upgrades ...more

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Travel Trends

25% of Aircraft Orders at Risk, AVIATION WEEK Reports
Cancelled orders from undercapitalized startups could affect backlogs at Boeing and Airbus ...more

AAA Finds Sluggish Economy Creates Summer Travel Bargains
Despite a down economy and rising fuel prices, millions of Americans plan to travel this summer. ...more

Priceline Releases Its 5th Annual Top Destinations List For July 4th
Priceline.com (Nasdaq: PCLN) today released the results of its 5th annual survey of the 50 most-popular destinations for the upcoming Independence Day weekend. The survey is based on hotel room booking requests made by priceline.com customers for check-in between June 29 and July 4. ...more

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. Employment 1 item
. Environmental 1 item
. Financial 1 item
. Food and Beverage 4 items
. Internet 2 items
. Management 4 items
. Market Reports 10 items
. Other Articles 1 item
. Security 1 item
. Technology 1 item
. Travel Trends 3 items

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