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December 28, 2012
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News for luxury hospitality professionals

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  • Hotel transactions pace may pick up in 2013, brokers say
    The volume of hotel transactions this quarter showed steady growth across the U.S. and will likely continue to gain momentum in 2013, several hotel brokers say. "We're seeing a lot of continued buyer interest. We're seeing a lot greater investor interest [and] lender interest. Year 2013 is going to be a good year barring any unforeseen cliffs or other things that might arise," said Steve Kirby, principal at Mumford Co. Hotel Management online (12/27) LinkedInFacebookTwitterEmail this Story
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  The Concierge Desk 
 
  • Other News
The IDC Market Spotlight on Network Automation and Agility
The arrival of virtualization, cloud computing, and mobility has strained data center networks—and IT staff—like never before. This Market Spotlight explains how data center network fabrics provide a foundation for automated provisioning, configuration, and management of network-based services in a new era of IT agility. Download now.

  Hospitality Trends and Technology 
 
  • Las Vegas hotel rooms are still available to ring in 2013
    Hotel rooms in Las Vegas are still available -- though at premium prices -- as 2012 winds down and party-goers travel to Sin City for a weekend of splurging. "We're looking at an occupancy rate in the high 90s, but there will be rooms. One of the great things about Las Vegas is, you always can find rooms," said Dawn Christensen of the Las Vegas Convention and Visitors Authority. Las Vegas Sun (12/27) LinkedInFacebookTwitterEmail this Story
  • New Andaz Salon website showcases local culture
    Andaz Hotels has unveiled a new website that will expand on its Andaz Salon initiative. The website will feature notable cultural attractions in each Andaz hotel's area. The role of Cultural Insider was created to drive the initiative by providing personal insights on each hotel area's cultural scene. HotelsMag.com (free registration) (12/26) LinkedInFacebookTwitterEmail this Story
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The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

  Spotlight on Development 
  International Update 
  • Shangri-La Hotels supports panda rescue in China
    Shangri-La Hotels and Resorts has contributed to planting bamboo in China's Sichuan province for a new panda center that will rescue elderly and sick pandas. Shangri-La Hotel Chengdu plans to give guests access to the center, which will open in 2013, so they can take educational tours and prepare food for the animals. "Through planting bamboo, the panda's food source, we are proud to make a lasting, sustainable, high-impact contribution," said Patricia Gallardo, Shangri-La's director of corporate social responsibility and sustainability. Chicago Tribune (tiered subscription model)/Los Angeles Times (12/27) LinkedInFacebookTwitterEmail this Story
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  • Top spots to view New Year's fireworks
    Want to take in fireworks on New Year's? Check out these recommended hotel hot spots, which include InterContinental's New York Times Square, the London Marriott Hotel County Hall and the Four Seasons Hotel Sydney. HotelChatter (12/27) LinkedInFacebookTwitterEmail this Story
  Luxury Hoteliers News 
  • Waldorf-Astoria honors couple's honeymoon room rate years later
    A heartwarming story of how one kind deed led to Jerry and Peg Sussingham celebrating their milestone wedding anniversary at the Waldorf-Astoria for the original room rate. A lesson in good bookkeeping! Read here. LinkedInFacebookTwitterEmail this Story
Luxury Hoteliers:   LinkedIn

  SmartQuote 
If all misfortunes were laid in one common heap whence everyone must take an equal portion, most people would be contented to take their own and depart."
--Socrates,
Greek philosopher


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