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Finance
The Science of Sorting; Secur Higher Page Positions on Sorted Search Results
REVPAR GURU | July 23, 2013
By Jean Francois Mourier Many hotel revenue managers live and die by their page position on OTA default searches. From Expedia¹s Most Popular picks, to Orbitz¹ Best Bets, to Agoda¹s Recommended, all of these listings are at the top of search results because the specific OTA made a (very subjective) decision based on a million possible factors, including the relationship that a property has with their OTA market manager, the commission that a property is paying, payment status (paid in full, late payments, etc.), amount of inventory (including last-minute inventory) listed on the site and the pictures included in your property¹s list...
Euro Building Hotel Group Debuts in the U.S. with the Opening of 133-room EB Hotel Miami in Florida
EB Hotel Miami | July 22, 2013
Miami, FL - (July 21, 2013) - A uniquely appointed luxury hotel geared specifically for the frequent business traveler, the 133-room EB Hotel Miami opened its doors this summer, welcoming business travelers who fly through Miami every day. Just a few steps from Miami International Airport, the new EB Hotel Miami aims to bring a modern luxury hotel experience to the business traveler. Featuring cutting-edge design, personalized service, world class dining, modern conveniences and contemporary amenities, the EB Hotel Miami is the first property to open in the US market. Part of the Eurobuilding Hotel Group, which owns and operates several...
Hotel Assets Group Involved in 127 Hotel Transactions Over Last 12 Months
Hotel AG | July 22, 2013
ATLANTA - July 22, 2013 - Hotel AG announced today the firm has been involved in 127 hotel transactions over the past 12 months. In the past 6 weeks, the firm has closed 10 transactions that range from select service hotels including Hilton Garden Inn and Courtyard brands to full service assets. The hotels are located throughout the major US regions and cover most brand families. Currently, Hotel AG has 196 hotels on the market with 41 hotels under sale agreement expected to close within the next several months. H. Keith Thompson, principal of the firm, stated, "The hotel real estate market today is at a fevered pitch and we are seeing ...
Indianapolis Hotel Moves Forward After Stalling In 2010
BuildCentral | July 15, 2013
Hotel-Online and BuildCentral Add/Update 185 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. July 15, 2013 - Hotel-Online and BuildCentral have added or updated 185 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: Mission Bay, Hotel and Apartments (San Francisco, CA) Arc of Indiana Hotel (Muncie, IN) Synergy Bus...
Davidson Hotels & Resorts Partners with M3 Accounting + Analytics to Develop Accounting Platform
Davidson Hotels & Resorts | July 12, 2013
GAINESVILLE, Ga. and TAMPA, Fla. (July 12, 2013) -- Facing a pivotal decision as part of its strong growth, Atlanta-based Davidson Hotels & Resorts recently considered whether to upgrade its existing accounting system platform or to migrate to another package to support its 46-hotel portfolio. Davidson CFO Barry Wabler described a user-focused decision-making process that resulted in partnering with M3 Accounting + Analytics, the national leader in hotel-specific accounting software, operations reporting, and business analytics. With M3's help, Davidson aims to enhance transaction visibility, improve workflow, and drive efficiencies. ...
Budgeting for 2014? Remember Reputation Management Plus Social Media / Web / Mobile Marketing
Lodging Interactive | July 12, 2013
Lodging Interactive, the award winning full-service digital marketing and social media engagement agency exclusively servicing the hospitality industry, says digital marketing must be a priority in the coming year to maintain loyalty, revenues and an impeccable image PARSIPPANY, N.J. - JULY 12, 2013 - If there is one thing hoteliers can't forget to budget for in 2014, it is digital marketing. Keeping website and mobile web content fresh, scrutinizing the property's reputation via the web and social media channels, plus responding to guest reviews is critical for operational success and true customer-relationship management. The good new...
FairBridge Hotels Opens 98-room Brookside Resort in the Great Smoky Mountains of Tennessee
FairBridge Hotels International | July 11, 2013
SPOKANE, WASHINGTON, July 12, 2013 - The hospitality firm headquartered in downtown Spokane, FairBridge Hotels International, today announced the opening of its newest hotel 1900 miles away in the mountain resort city of Gatlinburg, Tennessee. The 98-room Brookside Resort by FairBridge is located at 463 E Parkway at the entrance to Great Smoky Mountains National Park. The rustic resort offers stream-side rooms and cozy cabins with access to quiet nature trails while still being only a half-mile from Gatlinburg's main strip. Brookside goes above and beyond the standard amenities expected at a FairBridge, like free hot breakfast and wi-fi...
Excellent Opportunity in Atlanta, GA for CORPORATE Regional/Portfolio Director of Revenue Management
Interstate Hotels & Resorts | July 10, 2013
CORPORATE Regional/Portfolio Director of Revenue Management - Interstate Hotels & Resorts Atlanta, GA. Corporate Office Corporate / Portfolio Regional Director of Revenue Management leads the development, implementation and measurement of all Revenue Management activities ensuring multi-property execution of the reservations sales process, adherence to policies, and development of strategies that optimize revenue capture from existing demand. Requirements include: A minimum of 3+ years hotel experience with focus on multi-property, multi-brand, multi-market Revenue Management. Interstate is an EEO/AA/M/F/D/V employer. This position ...
Are Your Sustainability Initiatives Missing a Critical Component? A Perspective on Risk
Kevin A. Goldstein & HVS Sustainability Services | July 9, 2013
by Kevin A. Goldstein This article provides a perspective on key areas of risk relating to investment into utility efficiency projects and sustainability initiatives, and how owners / operators can minimize exposure during all phases of investment into their properties. Since re-launching our Sustainability practice in late 2011, HVS has contended that sustainability initiatives should focus on utility efficiency and be driven by the bottom line. We believe that a valid business case exists for numerous types of investments in building equipment and enhanced operating practices, and across the hospitality sector there are literally thou...
Seasoned DORM looking for a new challenge? Director Of Revenue Management - Hyatt Regency Pier 66
Interstate Hotels & Resorts | July 9, 2013
Director Of Revenue Management - Hyatt Regency Pier Sixty-Six - Fort Lauderdale Job Director of Revenue Management is responsible for: maximizing total sales and yield penetration, through proper management of inventories and public space and through analytical and technical knowledge of Hotel Reservations System, Sales and Catering Management System, and Front Office System; developing and recommending sales strategies, room mix, catering contribution, and pricing; managing the Reservation System; Sales Management System; daily operations; forecasting support and reporting; establishing transient room rate contracts; set group ceilings...
Excellent opportunity for Director Of Revenue Management - Hyatt Regency Milwaukee
Interstate Hotels & Resorts | July 9, 2013
Director Of Revenue Management - Hyatt Regency Milwaukee Director of Revenue Management is responsible for: maximizing total sales and yield penetration, through proper management of inventories and public space and through analytical and technical knowledge of Hotel Reservations System, Sales and Catering Management System, and Front Office System; developing and recommending sales strategies, room mix, catering contribution, and pricing; managing the Reservation System; Sales Management System; daily operations; forecasting support and reporting; establishing transient room rate contracts; set group ceilings and target rates; and cat...
Highlights of HSMAI Revenue Optimization Conference (ROC); Record Attendance Reported
HSMAI | July 9, 2013
July 9, 2013 - HSMAI's Revenue Optimization Conference (ROC) occurred Monday, June 24, at the Hyatt Regency in Minneapolis. The conference, in its 10th year, focused on "Leading Revenue Management into the Future" and was again co-located with HITEC, the world's largest hospitality technology show. HSMAI is pleased to announce ROC had a record 440 attendees. Hotel attendees from 102 different hotel brands, management companies and ownerships groups, with 31 percent holding corporate-level and 69 percent unit-level titles, were among those present at the conference. In addition, 55 hotel properties were in attendance. Additionally, Reven...
New Property Manager for Hilton Garden Inn Fort Myers
BuildCentral | July 8, 2013
Hotel-Online and BuildCentral Have Updated 231 Hotels in the Last Two Weeks with Changes in Personnel, Property Management or Ownership Chicago, IL. July 8, 2013 - Hotel-Online and BuildCentral have reported 231 changes in personnel, property management and ownership in the Hotel Profiles database over the last two weeks. Many hotels are getting a fresh start with a new Owner, Property Manager or General Manager. Recommend your product or service to someone who might be looking for a change. Hotels Under New Management: Hilton Garden Inn West Palm Beach Airport (West Palm Beach, FL) Embassy Suites Birmingham/Hoover (Birmingham, AL) ...
Verdafero Inc. adds Hotel Carbon Measurement Initiative (HCMI)
Verdafero Inc. | July 1, 2013
Verdafero Inc. (www.verdafero.com), based in San Francisco, CA, is an SaaS (Sustainability-as-a-Service) software and services provider to the hospitality industry and has added the new Hotel Carbon Measurement Initiative (HCMI) methodology to its comprehensive Utility Optimization software application, thus enabling the hospitality industry to analyze and report their carbon footprint on a real-time basis. Created by the industry and for the industry, HCMI is a methodology to calculate and report on the carbon footprint of a hotel stay, meeting, or event in a comparative analysis. In June of 2012, the International Tourism Partnership ...
Architect Named for SBE Hotel Development in Seattle
BuildCentral | June 29, 2013
Hotel-Online and BuildCentral Add/Update 139 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. July 1, 2013 - Hotel-Online and BuildCentral have added or updated 139 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: Greenwich Street Hotel (New York, NY) Convention Center Hotel (Jackson, MS) Element by Westin Hotel (...
Lori Huffstutler Appointed Director of Sales, Catering and Marketing at DoubleTree by Hilton Memphis
DoubleTree Hotel Memphis - Cooper Hotels | June 27, 2013
MEMPHIS, TENN. – June 28, 2013 – The DoubleTree by Hilton Memphis on Sanderlin Avenue today announced that Lori Huffstutler has been named director of sales, catering and marketing. Ms. Huffstutler brings over 20 years of experience in the hospitality and tourism industries. She most recently served as senior catering manager at the Westin Memphis Beale Street. Prior to that, Ms. Huffstutler held regional management positions in catering and tour and travel sales at Caesar's Entertainment. Her career also includes management positions in sales, catering, public relations and marketing with multiple major hotels in Memphis. "Lori is ...
Do You Make This Revenue Management Mistake?
RevPar Guru | June 26, 2013
It's a pretty common occurrence; when revenue managers see that their property's occupancy has hit a specific, pre-determined percentage, they decide to shut off the channel with the highest commission rates. This percentage could be 50% or it could be 90% depending on a property's specific revenue management goals, but in most cases...READ MORE>>> ...
New Courtyard Miami Beach Oceanfront Tower Slated for Completion August 2013
BuildCentral, Inc. | June 14, 2013
Hotel-Online and BuildCentral Added/Updated 136 Hotel Projects to the New Hotel Construction Projects Database Chicago, IL. June 17, 2013 - Hotel-Online and BuildCentral have added or updated 136 hotel projects in the last two weeks to Hotel Construction, a nationwide database of hotel construction projects, openings, and key decision makers (Owner/Developers, Architects and Contractors). These proposed hotels are still in the planning stages. Now is the perfect time to have your product drawn into plans, or offer construction services: Main Street Mixed-Use Development (Royal Oak, MI) LaQuinta (East Syracuse, NY) Coconut Creek Hot...
Flip.to Brand Advocate Platform Drives Visitors and Direct Bookings to Cove Haven Resorts
Flip.to | June 11, 2013
All-Inclusive Entertainment Resorts turn to leaders in social marketing to increase website traffic and boost revenue Orlando, FL — June 12, 2013 — Flip.to, a brand advocate platform that helps hotels leverage the marketing power of social media by encouraging guests to spread the word about upcoming stays, has been implemented at the Cove Haven Entertainment Resorts in the Pocono Mountains. The three resorts are seeing positive trends in website traffic and direct room bookings as a result of Flip.to's technology. The Cove Haven Entertainment Resorts are open year-round and offer a perfect retreat for a Weekend Getaway or Extended ...
New Orleans W Hotel to be Converted to a Le Meridien New Orleans by 2014
BuildCentral | June 10, 2013
Hotel-Online and BuildCentral Have Updated 274 Hotels in the Last Two Weeks with Changes in Personnel, Property Management or Ownership Chicago, IL. June 10, 2013 - Hotel-Online and BuildCentral have reported 274 changes in personnel, property management and ownership in the Hotel Profiles database over the last two weeks. Many hotels are getting a fresh start with a new Owner, Property Manager or General Manager. Recommend your product or service to someone who might be looking for a change. Hotels Under New Management: Courtyard San Diego Downtown (San Diego, CA) Residence Inn Columbus Worthington (Columbus, OH) Clarion Hotel Dela...
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