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Gaming Industry News Highlights

Features

Contingency Hotel Revenue Management Strategies - I Will not Cut Prices - By Carol Verret
Everyone repeat after me: 'I will not cut prices nor panic sell because it does not stimulate incremental demand and only serves to drive down prices.' (Jeff Weinstein, Editor, Hotels Magazine, February 08) Jeff has given us the mantra that all GMs, Revenue Managers and Directors of Sales should repeat every morning. ...more

Mass Appraisals May Lead to High Taxes - By Mark Hutcheson
Every year, most assessors across the nation face the daunting task of determining market value for every property in their jurisdiction. By virtue of necessity, they are required to use 'mass appraisal' techniques to value thousands of properties within a very short time frame. ...more

Destination Value Proposition Must Be Honest And Inclusive - By J. Ragsdale Hendrie
Several years ago, a Political Strategist labeled the obvious, 'It's the Economy' which was driving the turmoil, and by the end of the First Quarter 2008, we all know this inescapable fact. However, our varied Hospitality segments tend to interpret the realities quite differently. ...more

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Trends

Weekly U.S. Lodging Performance for the week of Mar 02, 2008 - Mar 08, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

Payroll Makes The Difference To London's Profitability
European Chain Hotels Market Review - January 2008 ...more

MKG Consulting - 2008 European Hotel Groups Ranking
Accor the clear European leader ...more

PKF-HR Revises 2008 Lodging Industry Outlook in New Report
Lower RevPAR Forecast Reflects Impact of Recession ...more

Canadian Occupancy, ADR, RevPAR - Week Ending March 1, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more

Developing Countries Lead Dynamic World Tourism Growth
International tourist arrivals exceeded 6% growth in 2007 on the back of strong global economic growth. Developing countries grew by 8%. ...more

Continued Growth Signalled for Travel & Tourism Industry
The Latest Research for Travel & Tourism Anticipates a Slowdown in the Industry in 2008 but Prospects are Bright for the Coming ten Years ...more

Weekly U.S. Lodging Performance for the week of Feb 24, 2008 - Mar 01, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

United States Ranks 7th among Most Competitive Countries in Travel & Tourism Sector
World Economic Forum and Booz Allen Hamilton release second international study on travel and tourism competitiveness - Switzerland, Austria and Germany top the list of the 130 countries ranked ...more

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Technology

Amadeus announces blueprint for hospitality industry's future
Globalisation and rapidly developing economies to offer great opportunities ...more

SynXis Extends Relationship with European Reseller Yeeld Solutions
German-Based Reseller Offers Integrated Distribution and Revenue Management Services Alongside the RedX(R) Distribution Management System ...more

Newmarket International to Host 5th Annual User Conference
NewmarketPLUS 2008 is a chance for hospitality industry professionals to network, learn about trends in the industry and hear from well-known experts in the space, Attendees will get in-depth knowledge of Newmarket's leading sales and catering solutions. ...more

Las Vegas Sands Corp. Selects MICROS 9700 Hospitality Management System for The Palazzo Resort-Hotel-Casino
MICROS Systems, Inc. (NASDAQ:MCRS) , a leading provider of information technology solutions to the hospitality and retail industries, is pleased to announce that Las Vegas Sands Corp. has selected MICROS 9700 Hospitality Management System (HMS) for its new luxury resort, hotel, and casino, The Palazzo Las Vegas. ...more

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Environmental

USGBC Targets Lodging Industry with LEED for Existing Buildings: O&M - By Glenn Hasek
When the U.S. Green Building Council (USGBC) announced revisions to its Leadership in Energy and Environmental Design (LEED) for Existing Buildings Rating System late last year, it was good news for hotel owners and operators. Now called LEED for Existing Buildings: Operations & Maintenance (O&M), the system is a better fit for hotels and is attracting the interest of many of the leading hotel companies. ...more

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Internet

Hitwise February 2008 Travel Category Report
The Hitwise Travel Report provides marketers an understanding of the competitive online travel landscape in terms of competitive clickstream, including traffic sources and referred destinations. ...more

Hitwise US Report: The Impact of Social Networking
How social networks will become a primary channel for targeted marketing. ...more

Congressman Calls for U.S. Trade Representative to Provide Details of WTO Internet Gambling Settlement
DeFazio questions USTR settlement of trade dispute absent Congressional mandate ...more

Flaws in Internet Gambling Law Subject of Upcoming Congressional Hearing
Momentum grows to regulate Internet gambling ...more

New Internet Gambling Legislation Would Collect Billions in New Revenue
Congressman Jim McDermott (D-WA) introduced yesterday the Internet Gambling Regulation and Tax Enforcement Act of 2008 that would ensure that taxes are collected on regulated Internet gambling activities. ...more

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Other

HotelSafeGuard.com signs up over 7,800 hotels in first month
Startling Revenue Losses Inspires Success of Web-based Hotel Community ...more

EU Opens Investigation Into US Internet Gambling Laws
The European Commission has today decided to launch an investigation into United States measures affecting foreign suppliers of Internet gambling services, within the framework of its Trade Barriers Regulation (TBR). ...more

Baha Mar Takes Issue With Recent Harrah's Action
Baha Mar Resorts today announced that it has received a notice from Harrah's Entertainment purporting to terminate their joint venture arrangements. Baha Mar has notified Harrah's that it disputes Harrah's ability to unilaterally terminate the arrangements. ...more

Hotel guests and their sticky fingers
Industry insider dishes on the funny - and surprising - things people lift ...more

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Environmental : 1 new
Features : 3 new
Internet : 5 new
Other : 4 new
Technology : 4 new
Trends : 9 new

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