Is Your Hotel Ready for the Downturn - By Brenda Fields
Key markets, world wide have experience unprecedented occupancies, average rates, and RevPAR for over a decade. New York City and London in particular have experienced average occupancies well over 80% for the past several years, driving record average rates and RevPARs....more
Florida Gaming Corporation Terminates Agreement with Isle of Capri Casinos, Inc.
Florida Gaming Corporation (OTCBB: FGMG), announced today that the 'exclusivity period' under the Letter of Agreement ('Agreement') dated October 29, 2004, between Isle of Capri Casinos, Inc. ('Isle') and FGMG regarding FGMG's Miami Jai-Alai facility expired on July 29, 2008....more
FreshStay(R) Grows Fresher
It's no wonder FreshStay.com's ranks continue to grow - according to new research, up to 40% of all hotels are going smoke-free, and 89% of hotel guests prefer a non-smoking environment...more
Uniform System Of Accounts For The Lodging Industry - Tenth Edition - Major Changes
The Financial Management Committee of the American Hotel and Lodging Association (AH&LA), in conjunction with the Hospitality Financial and Technology Professionals (HFTP), published the tenth edition of the Uniform System of Accounts for the Lodging Industry (USALI) in the fall of 2006....more
Trump Entertainment Resorts Reports Second Quarter 2008 Results
Mark Juliano, Chief Executive Officer of the Company, said, The weakened economy - driven by tight credit markets, declines in consumer confidence and rising oil prices - has had a significant impact on the gaming industry across America. ...more
Hitwise July 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
Ice Portal Forms Strategic Partnership With Go World Productions
When it comes to hotel marketing, few things help capture an audience more than a professionally produced video. Together, Go World Productions and ICE Portal are offering hoteliers and travel suppliers the opportunity of taking promotional videos to a new level with a full-screen, hi-resolution video option....more
HSMAI's 2nd Annual Hotel Sales Strategy Conference will focus on Maximizing Revenue and Resources in a Changing Economy. Held September 9, 2008, in conjunction with HSMAI's Affordable Meetings(R) National in Washington DC.
Senior executives from Hotels, Casinos and Resorts convene for an annual update on the latest Revenue Management, Pricing and Profit optimization strategies.