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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
Get Creative: 10 Ways to Think Outside the Box
No matter your business, smart solutions come from out-of-the-box thinking. We all know creativity is king, but are you doing all you can to inspire and encourage creativity in your staff? Read the article and learn 10 ways to inspire creativity at your office.

  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
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.

  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
Strategic Pricing: The Secret Sauce of Executives
Most travel, transportation and hospitality industries depend on their revenue management and pricing systems to make daily decisions. But those systems can also be used to make long-term decisions and reinforce strategic goals. Tightly integrating pricing strategy throughout your operations allows executives to make more balanced decisions. Click here for the free paper

  Development 
  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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