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2008-07-16 News Highlights

Features

The Fraud Triangle: Could it Apply in Your Business? - By Ken Burgin
Ever had a trusted employee rip you off? When I spoke with a bar owner last week, she was still in shock after uncovering a six-figure fraud carried out by a 'trusted' manager for more than 4 years. I hope that doesn't sound familiar. ...more

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Trends

Weekly U.S. Lodging Performance for the week of July 06 2008 - July 12, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

Hotel industry performance in Paris in June 2008
Paradoxically, the 1.1% decrease of RevPAR registered in last June by the Parisian hotel industry in Paris has been quite good news, meaning that there is the upmarket segment held a very strong position. ...more

International Visitation Up in April 2008, Spending at $11.6 Billion for the Month
The U.S. Department of Commerce today announced that 4.1 million international visitors traveled to the United States in April, an increase of 2 percent over April 2007. For the first four months of 2008, visitation was up 12 percent compared to 2007. ...more

May 2008 Canadian Lodging Outlook
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes occupancy and average room rates from major cities in Canada. ...more

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Technology

The iPhone Application for Hotels.com Is Not All That
The new iPhone is out and it's gone totally application crazy by installing an Apps Store where you can download a ton of new applications for your phone. ...more

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Development

eXceed Hospitality Asset Advisors Chosen to Asset Manage The Mayflower, Washington, DC - A Renaissance Hotel
eXceed Hospitality Asset Advisors, LLC (eXceed), a leading Hospitality Industry Advisory Firm, announced today that it has been chosen by the Ownership Group as the asset management team for the Historic Mayflower Hotel, Washington, DC - A Renaissance Hotel. ...more

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Financial

Host Hotels & Resorts, Inc. Reports Solid Results of Operations for the Second Quarter of 2008
Total revenue increased $34 million, or 2.5%, to $1,415 million for the second quarter and $63 million, or 2.6%, to $2,473 million for year-to-date 2008. ...more

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Internet

Fighting Back Against Hotel Internet Access Fees
I'm a cranky traveler at the best of times, and when I get charged outrageous fees for Internet access by supposedly fine hotels I get really aggravated. ...more

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Openings

Hard Rock Hotel & Casino Opens Wasted Space -- Vegas' First Anti-Club
Carey Hart, Jason Giambi, Benji and Joel Madden Serve up 'Hart Attacks' Every Night ...more

Country Inn & Suites By Carlson Opens in Albany, Ga.
A new 70-room Country Inn & Suites By Carlson has opened its doors for business at 2809 Nottingham Way in Albany, Ga. ...more

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Other

Beijing plays down worries on Olympic hotel bookings
Beijing officials on Tuesday sought to downplay worries about low hotel reservations for next month's Olympics, insisting the numbers were in line with expectations and refusing to draw a link with new visa controls. ...more

How hotels help themselves to your money
Guests need to know what to expect and how to avoid sneaky fees ...more

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 .  Development 1
 .  Features 1
 .  Financial 1
 .  Internet 1
 .  Openings 2
 .  Other 2
 .  Technology 1
 .  Trends 4

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