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October 25, 2012News for hotel and lodging professionals

  Front Desk 
 
  • IHG reaches NYC development deal for first Even hotel
    InterContinental Hotels Group has announced that it has signed an agreement with ownership firm CWC to build its flagship Even hotel in New York. The new brand features a fitness theme and will offer room designs that allow for in-room workouts, fitness centers with high-end equipment and healthful menus. The 230-room hotel is scheduled to open in 2014. USA Today (10/24), The Boston Globe (tiered subscription model) (10/24) LinkedInFacebookTwitterEmail this Story
This white paper focuses on how hospitality and gaming organizations can take better advantage of the blending of social media, location-specific searches and mobile device usage. Eleven tips for using analytics to enhance customer-focused marketing are discussed, with a focus on delivering offers that are relevant, personal and immediate.
  Business Update 
  • Q3 earnings for Wyndham Worldwide fell 9.1%
    Wyndham Worldwide's net income during the third quarter slipped 9.1%, to $159 million, the hotel firm says. Revenue during the quarter went up 4.4%, to $1.27 billion. The company observed slowing growth of its revenue per available room and reported systemwide revPAR growth of 3% during the quarter. HotelNewsNow.com (10/24), MarketWatch (10/24) LinkedInFacebookTwitterEmail this Story
  • Other News
How Much Do You Really Need to Make? The Answer May Shock You
Rather than focus on what you can afford to pull out of the business to cover your living expenses, you need to focus on how much you need to earn at your business in order to afford the lifestyle you want to have. This is where the Personal Earnings Goal, or PEG, comes into play. Learn how to calculate your PEG and find out how much you really need to make.

  Market Trends 
 
  • Slow growth for September occupancy rates, STR says
    Hotels in the Americas region saw a 0.4% increase in occupancy in September, STR Global says. During the month, occupancy in San Juan, Puerto Rico, increased 9.4%, and the Chicago market grew by 8.4%. Average daily rates were up in San Francisco by 14.3%. TravelPulse (10/23) LinkedInFacebookTwitterEmail this Story
  • Atlantic City prepares to attract winter tourists with decorations
    Atlantic City officials hope to attract winter season tourists by decorating city parks and streets, reviving its holiday parade and setting up a gigantic Christmas tree. The Casino Reinvestment Development Authority has pledged $595,000 for the holiday decorations. "With the Tourism District, we want to make sure to have activities during the off-season. We also wanted to make sure we did something that brings the Tourism District and the community together," said Ali Reynolds, director of community development partnerships for CRDA. The Press of Atlantic City (N.J.) (10/24) 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.

  Spotlight on Technology 
  • Column: Owners, franchisors clash over hotel technology upgrades
    Franchisors' drive to implement brand standards at affiliated hotels have continually placed them at odds with hotel owners, particularly in the area of hotel technology, writes Timo Kettern, IT director for Westbridge Europe. "Around the world, it's David versus Goliath as franchisors are being challenged as to why certain standards are in place even though, more often than not, these investments have a negligible impact on the ability of the hotelier to bring in additional revenue," Kettern writes. TNooz.com (10/24) LinkedInFacebookTwitterEmail this Story

  Best Practices 
  Development 
  • Ameristar discloses $910M Springfield, Mass., casino plans
    Ameristar Casinos has unveiled its proposal to build a $910 million casino resort in Springfield, Mass. The company's plan calls for the construction of 150,000 square feet of gambling space, a 500-room hotel and retail space. The proposed gaming facility would include up to 3,300 slot machines and 110 table games. "Ameristar owns all 40 acres, which have been cleared and are immediately ready for construction," Ameristar CEO Gordon Kanofsky said. Boston Herald (10/23) LinkedInFacebookTwitterEmail this Story
  AH&LA News 
  • Accurate compensation data on time, every time
    Find out why your star performers are leaving or if your competition is paying more by participating in the most powerful compensation survey in the nation! WageWatch delivers detailed compensation data in easy-to-read online reports designed for HR professionals who need local, regional and national data, including 264 hospitality specific jobs delivered at less than $1 a day. Additional discounts are available for AH&LA members. For more information, please call (888) 330-WAGE(9243) or e-mail custserv@wagewatch.com. LinkedInFacebookTwitterEmail this Story
  • Get in front of meeting planners
    To reach meeting professionals when they're buying, AH&LA members receive a 20% savings on ConventionPlanit.com, a leading online search engine, to showcase their properties on listings with trackable ROI. Additional press release postings, Divine Deals, banner ads and "call to action" e-mail marketing to 50,000 planners are also available to generate new, qualified prospects. Learn more here, or contact Katherine Markham, CHME, at 301-975-9462 or katherinem@conventionplanit.com. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
In any field, find the strangest thing and then explore it."
--John Archibald Wheeler,
American theoretical physicist


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