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March 7, 2013News for hotel and lodging professionals

  Front Desk 
 
  • $1B hotel complex will rise in Dubai, UAE
    A $1 billion project to build four towers with lodging and commercial space in Dubai, United Arab Emirates, has been unveiled by development firm Damac Properties. Damac has partnered with Paramount Hotels & Resorts for the buildings' design. Paramount will also operate the buildings when they open by the end of 2015. Bloomberg Businessweek (3/6) LinkedInFacebookTwitterEmail this Story
Competitive bidding and higher execution
Auction.com online marketplace delivers a transparent playing field, attracting local buyers, global buyers and everyone in between. The results are quicker, more certain outcomes, and ultimately, better execution. See more about the auctions and view licensing information here.
  Business Update 
  • Other News
Selling your business? Here are 7 things you should do now.
If you're considering selling your business, you should be doing everything you can to get the best possible price. In just 7 simple steps you can improve your chances of attracting buyers and getting big bucks for your business. Read the article and learn the 7 steps.

  Market Trends 
 
  • Panelists spar on hotel ownership, risk issues
    Hotel operators at the 16th International Hotel Investment Forum in Berlin got into a heated discussion Monday about brand companies that have left hotel ownership. Christian Karaoglanian, an Accor executive and the sole brand representative on the panel, said that being asset light does not protect global chains from all risk, as his company still owns or leases 20% of its properties. HotelNewsNow.com (3/5) LinkedInFacebookTwitterEmail this Story
  • Hotels go local for Earth, economy
    Hotels are going for more locally sourced products, but not only as a way to promote sustainability -- economics are a factor, too. Hotels are also pushing for quicker renovation times in order to minimize hotel down time, which has forced many of them and their contractors to source local items that cost less to produce and ship. Travel Weekly (3/5) LinkedInFacebookTwitterEmail this Story
  • Other News
Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

  Best Practices 
 
  • Hoteliers can't ignore Gen Y
    Hotels are appealing to millennials with modern amenities, new spaces to socialize and of course, plenty of plugs for technology. "Their world is so interconnected, they learn about new destinations and want to go sooner than we ever did as baby boomers... Global travel today is second nature, especially to these American consumers," said Milton Pedraza, CEO of the Luxury Institute. Hotel Interactive (3/5) LinkedInFacebookTwitterEmail this Story
How to Achieve IT Agility: A Survival Guide for IT Decision Makers
When business teams add new apps and services to already-strained networks, IT departments are accountable for making everything work. Is your team ready for this challenge? Read this eGuide to learn how IT teams are automating their networks, why they're utilizing Ethernet fabrics and SDN, and what success looks like as they regain network control and business relevance.

  Development 
 
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.

  AH&LA News 
  • Lodging CEOs talk diversity‚Ä®
    The industry's top CEOs emphasize the business case for promoting and pursuing diversity, highlighting its importance to their workforce, guests and vendors. View the video and other resources to help drive new business. LinkedInFacebookTwitterEmail this Story
  • Statistics detail industry at large
    The AH&LA Data Center, powered by Smith Travel Research, gives you access to the most comprehensive hospitality research, spanning national and state hotel statistics. There are valuable reports for hoteliers and hospitality suppliers, AH&LA property and corporate members get generous discounts on reports to optimize their operational strategy, and allied members get free reports to generate leads. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Scientific progress makes moral progress a necessity; for if man's power is increased, the checks that restrain him from abusing it must be strengthened."
--Anne Louise Germaine de Staël,
Swiss author


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