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October 16, 2012News for hotel and lodging professionals

  Front Desk 
  • Accor sells majority stake in 15 hotels in India
    Accor Hotels Worldwide has agreed to sell 60% of its stake in 15 hotels in India to private equity firm Samhi Hotels for an undisclosed amount. The sale is for two hotels under the budget Formule 1 brand and 13 properties in development. Accor will retain management rights over the hotels as well as the rights to own and develop further hotel projects under the Formule 1 brand. Travel Weekly (10/15), (10/15) LinkedInFacebookTwitterEmail this Story
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  Business Update 
  • Marriott is major player in U.S. convention-hotel market
    Marriott's recent acquisition of four Gaylord Entertainment hotels means that the company controls 17 of the 100 biggest convention hotels in America. According to Marriott, it projects that the $210 million acquisition will raise annual earnings by 2 cents a share beginning next year. Travel Weekly (10/14) LinkedInFacebookTwitterEmail this Story
  • 6 properties join Healing Hotels brand
    Healing Hotels of the World has added six properties to its roster: Raffles Paris and Singapore sites, the Park Hyatt Dubai, the Metropolitan in London, Aqua Wellness Resort in Nicaragua, and the Park Hotel Borjomi in Georgia. Co-founder Anne Biging says the company is experiencing 30% growth annually. TravelPulse (10/14) LinkedInFacebookTwitterEmail this Story
  • Other News
  Market Trends 
  • Column: Do alliances work in the hotel industry?
    Joseph Fischer says that hotels may want to look to the airline industry and take advantage of partnerships the way that sector has done. "Call it Code-Share, Global Alliance or marketing partnership -- it is a viable solution as long as there are clear criteria and standards in place," he writes. 4Hoteliers (10/15) LinkedInFacebookTwitterEmail this Story
  • Resorts in Hawaii move to erase cultural misconceptions
    Several resorts in Hawaii are taking steps to introduce authentic Hawaiian activities to their offerings while educating tourists about themes and activities commonly misattributed to their culture, this feature says. The move aims to present tourists with a true image of Hawaii and its rich traditions. "It's about having that sense of place -- understanding who went before us, understanding that Waikiki is a place where we are so deep-seated in our culture," said Kehaulani Kam, Starwood Hotels and Resorts Waikiki's cultural services director. USA TODAY/The Associated Press (10/14) LinkedInFacebookTwitterEmail this Story
  • Strong hotel-transactions volume is reported for Denver
    The Denver hotel market maintained a strong pace of transactions this year through competitive pricing and strong investor interest, a study by Jones Lang LaSalle Hotels has found. The city's hotel-transactions volume reached $217 million year-to-date compared with a record-setting $389.9 million in the previous year. "[W]e expect occupancy rates to hold steady while the inventory diversifies even further. Denver has become the whole package -- a modern, year-round, four-sport, convention-oriented leisure city," said Jones Lang LaSalle executive Greg Hartmann. The Denver Post (10/15) LinkedInFacebookTwitterEmail this Story
  • Other News
  Spotlight on Technology 
  • Column: How to leverage online consumer trends to boost sales
    Hotel operators can maximize their marketing efforts by tuning into travelers' evolving consumer behavior, writes Tim Gunstone of EyeforTravel. Tapping into social media and the mobile marketing space will help bring a hotel's marketing message to a wider audience and increase bookings, Gunstone writes. Hospitality Net (10/15) LinkedInFacebookTwitterEmail this Story
  Best Practices 
  • Column: Creating a motivated workforce starts with communication
    Employees will find the motivation to work harder if their manager creates a working environment that displays open communication, trust and appreciation for their efforts, Alan Fairweather writes. "Your team members want to know that you care about them, that you're interested in them from a personal, and business point of view. They want to believe that you trust them, and want them to succeed," Fairweather writes. (10/15) LinkedInFacebookTwitterEmail this Story
  • Vegas gaming firms express interest in proposed Toronto casino
    Oxford Properties CEO Blake Hutcheson said major casino companies Caesars Entertainment, Las Vegas Sands and MGM Resorts International are interested in the $3.1 billion gaming facility proposed by the commercial real estate developer for Toronto. "There are a number of operators who have approached us and think that this site would be a bull's-eye for their needs," Hutcheson said. The development would include a casino, an extended convention center, a hotel and an urban park. Bloomberg Businessweek (10/12) LinkedInFacebookTwitterEmail this Story
  • Other News

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  AH&LA News 
  • AH&LA launches election resource center
    With less than a month to go before the 2012 presidential election, explore the AH&LA Election Center and join AH&LA in an effort to Get Out the Vote! The AH&LA Election Center contains valuable resources, including a Legislative Tracker to brush up on key issues and Voter Resources. LinkedInFacebookTwitterEmail this Story
  • Distribution Channel Analysis: A Guide for Hotels
    This special report, released by AH&LA and STR and published by the HSMAI Foundation, discusses the effects of channel mix on profitability and what the industry can expect in the future. It's based on interviews with hundreds of industry executives and data from more than 25,000 hotels and 100 brands. You'll gain insight for determining your optimal channel mix. LinkedInFacebookTwitterEmail this Story
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It is only in sorrow bad weather masters us; in joy we face the storm and defy it."
--Amelia Barr,
British novelist

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