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Tag Archives: industry

Hotel revenue from phone calls, in-room movies drying…

The nation’s hotel industry, already struggling to pull out of its worst slump in decades, is now suffering from another loss in revenue because of the booming popularity of cellphones and laptop computers

Attendees of Eighth Annual Southern Lodging Summit @…

and evening cocktail party/dinner before a robust schedule that included an industry updates and outlooks from the American Hotel & Lodging Association’s chairman, David Kong, and executive vice president of public policy, Marlene Colucci, as well as Jan

Steven R. Goldman Joins Starwood Capital Group as CEO…

where he will be permanently based. An industry veteran, Mr. Goldman has been involved in all aspects of hotel acquisitions, finance, development and operations for more than 27 years. At Groupe du Louvre, Mr. Goldman will be responsible for all aspects

D.C. area hoteliers gain in gulf

Katrina devastated the Gulf Coast, the tourism industry there has struggled to come back. But several Washington area hotel companies are beginning to see a return to profit at their lodgings in the region, after contending with property damage, revenue

Budget customers call the hotel Tune

A budget hotel has officially opened its doors in the UK – becoming the latest to take the low cost airline business model to the hospitality industry. For a no-frills hotel, the decor

Westin Chosun Becomes 1st Hotel to Get Carbon Label

The Westin Chosun has become the nation’s first eco-friendly hotel to acquire a carbon footprint labeling certificate from the Korea Environmental Industry and Technology Institute, it said Sunday. Under the eco-labeling program commissioned by the

U.S. hotels expect profits to return in 2010

The nation’s beleaguered hotel industry may finally be seeing the end of a three-year nightmare. U.S. hotels should enjoy a 2.3% increase in net operating income in 2010 after a nearly 38%

Okinawa resort dreams fizzle as developers fail,…

an entirely new approach is needed to revive the tourism industry. According to the Okinawa Development Finance Corp., hotel development projects worth 420 billion yen ($4.9 billion), mostly involving new developers or investment funds on the Japanese

Belfast hotel profits drop by 45%

on the hospitality industry in Northern Ireland has shown that the recession has changed the landscape for the hotel business. While Belfast has taken a substantial hit in profits of 45%, other regions have benefited, with Londonderry in particular

Colts may give new training camp host needed boost

love affair with the auto industry are a distant memory. In their place are entry-level jobs in the hotel, food service and retail industries. There aren’t enough of those to help undo the damage. Residents are leaving the city, which expects the 2010