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January 23, 2013News for hotel and lodging professionals

  Front Desk 
  • FelCor announces conversion plans for 8 Holiday Inn hotels
    FelCor Lodging Trust says it has signed a deal with Wyndham Hotel Group to rebrand eight Holiday Inn properties as Wyndham properties. "This agreement is focused on repositioning our portfolio in order to improve our portfolio quality, increase hotel operating income and create and protect long-term value for our stockholders," FelCor President and CEO Richard A. Smith said in a statement. The company intends to invest about $34 million over the next three years for the renovation and rebranding process. (1/22) LinkedInFacebookTwitterEmail this Story to sell Regency Hotel in Jackson MS, the Nation's Leading Online Real Estate Marketplace, are pleased to sell a Regency Hotel in Jackson Mississippi. This Hotel is set to be auctioned February 12 on Starting bid is $750,000. See more info about the auction.
  Business Update 
  • Best Western eyes up to 120 hotel projects in North America this year
    Best Western International has announced plans to add 110 to 120 hotel projects in its North American development pipeline in 2013. The company is aiming for more than 80% of these new hotels to open under the Best Western Premier or Best Western Plus tiers and for more than 40% to be new-build projects. "Our priority is to develop compelling hotels across all three Best Western descriptors that deliver strong revenue for hoteliers by attracting a strong mix of business and leisure travelers," said Mark Williams, a vice president at Best Western International. TravelPulse (1/22) LinkedInFacebookTwitterEmail this Story
  • Choice Hotels plans to add 9 UK hotels to its portfolio
    Choice Hotels International says it has reached a deal with Akkeron Hotels Group to reflag five of Akkeron's hotels in the U.K. under Choice's Quality hotel brand and four properties under its Clarion Collection brand. "The agreement initially will focus on rebranding nine hotels with the opportunity to discuss rebranding further Akkeron hotels in the future," said Duncan Berry, CEO of Choice Hotels Europe. (free registration) (1/22) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Market Trends 
  • U.S. hoteliers forecast strong hotel performance in 2013
    Ninety-eight percent of attendees at the Americas Lodging Investment Summit in Los Angeles this week say they expect revenue per available room to remain strong in 2013. "Growing demand in the face of very limited new supply sets the stage for very attractive room-rate increases and therefore profit growth," said R. Mark Woodworth, president of PKF Hospitality Research. Hoteliers say they expect the weak supply growth to result in four more years of strong performance. CNBC (1/22) LinkedInFacebookTwitterEmail this Story
  • STR: 2012 was a strong year for U.S. hotel industry
    Data released by STR show that U.S. hotels improved in all key industry metrics in 2012. Total revenue per available room during the year rose 6.8%, occupancy climbed 2.5%, and average daily rate increased by 4.2%, STR reports. "While the industry's resolve will continue to be tested with pockets of uncertainty, we anticipate continued growth in all industry performance metrics for 2013," said Brad Garner, chief operating officer of STR. TravelPulse (1/22) LinkedInFacebookTwitterEmail this Story
  • Digital detoxing and other 2013 wellness trends
    Wellness Tourism Worldwide has named its top 10 wellness travel trends for the new year, and digital detoxification made the list. Hotels either hold devices in a safe location for guests who want to unplug, or market technology-free trips. In addition to spas and gyms, luxury hotels are appealing to guests with measures to alleviate jet lag, improve sleep, humidify the air, and more. (free registration) (1/21) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Spotlight on Technology 
  • Hoteliers, tech firms share ideas during Thayer summit
    At Thayer Ventures' annual tech summit this week in Los Angeles, representatives from the hotel industry were able to interact with startup technology companies to discuss the expanding role of technology in travel and lodging. The event brought up leading trends and vital focus points to help strengthen hoteliers' connection with consumers and their ability to retrieve data for decision-making. Lobby blog (1/22) LinkedInFacebookTwitterEmail this Story
  • Other News

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  Best Practices 
  • Column: No-frills hotels are a prime example of targeted marketing
    The booming popularity of "no-frills chic" hotels -- which draw in millennial travelers through minimalist offerings and competitive rates -- illustrates the effectiveness of building products around the needs of a closely defined target market, writes Larry Mogelonsky, founder and president of LMA Communications. Hoteliers should continually assess their target customers and identify the specific needs of the demographic, Mogelonsky writes. (1/22) LinkedInFacebookTwitterEmail this Story
  • Las Vegas' Mandalay Bay undergoes major renovation
    MGM Resorts International's Mandalay Bay in Las Vegas is going through major upgrades, which includes the resort's casino, restaurants and entertainment venues. "As Las Vegas continues to recover, we want MGM and Mandalay Bay to be positioned to get their fair share of the business. We think these investments will make sure we attract people here for the first time and give us the best opportunity to bring back people who haven't seen us in a while," said Chuck Bowling, Mandalay Bay's president. (Las Vegas) (1/21) LinkedInFacebookTwitterEmail this Story
  AH&LA News 
  • PCI compliance 101
    Credit card standards have changed, and if you don't change your policies, you could be putting your guests' private information at risk and incurring millions of dollars in damages. In response, AH&LA's Technology Committee created a thorough manual, The PCI Compliance Process for Hotels, making this complicated matter easy to understand and implement. Funded by the Foundation, AH&LA members can download their free copy. LinkedInFacebookTwitterEmail this Story
  • Get new supervisors up to speed
    Supervisory skills can help employees move quickly up the ladder to career success. The newly published fifth edition of Supervision in the Hospitality Industry (Ninemeier/Kavanaugh) available from the American Hotel & Lodging Educational Institute, includes access to additional online learning for key supervisory skills. For more information, visit LinkedInFacebookTwitterEmail this Story
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Lend yourself to others, but give yourself to yourself."
--Michel de Montaigne,
French writer

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