Divamboo Hotels Newspaper – Travel and HotelnewsNews for the Hospitality Executive – Search and compare over 2.000.000 hotel deals
Tsunami memories fade for hoteliers
“Five years have passed by… time is flying, isn’t it?” murmurs Pamuke Achariyachai, president of Kata Group Resorts Thailand, a Phuket-based hotel group, as if our question about the tsunami had reawakened his memories of the tragedy.
His three hotels on Phuket beaches — Kata Beach Resort, Karon Beach Resort and Phuket Orchid Resort — were [...]
Hotel Industry Leading Indicator shows promise
Economic research firm e-forecasting.com in conjunction with Smith Travel Research announced their U.S. Hotel Industry Leading indicator—HIL—went up in November, the eighth consecutive month of increase for the indicator. HIL went up 1.4 percent in November after increasing 0.6 percent in October.
HIL, a monthly leading indicator for the U.S. hotel industry, is a composite leading [...]
Savvy Hoteliers To Steal A Bigger Share of The Market in 2010
The economy will slowly improve in 2010, but just getting your fair share of business will not be nearly enough. Less business in the marketplace means your fair share is less, too. Hotels need a bigger piece of the smaller economic pie to dominate in the marketplace.
The best way to measure your hotel’s sales success [...]
Macau Hotelier Wins Bid For Michael Jackson’s Glove
Macau’s Ponte 16 casino will display next year ten pieces of iconic Michael Jackson memorabilia, including the cream leather rhinestone glove he wore for his first Moonwalk performance on television.
Michael Jackson’s glove was sold to Hoffman Ma, deputy chief executive of the casino, at New York’s Julien’s Auctions at a whopping US$350,000.
“We’re a bit surprised [...]
AirAsia’s $3 hotel rooms target Phuket
TuneHotels.com, the Malaysian budget hotel venture affiliated with the no-frills carrier AirAsia, is making a debut in Thailand as part of its aggressive Asian expansion that could lead to more than 100 sites becoming operational by 2014.
The company announced yesterday a strategic partnership with Evolution Capital Plc (EC), a SET-listed real estate investment and management [...]
US and UK hotels continue to suffer
Hotel room rates, occupancy levels and revenues in both the US and the UK continued to fall for the last three months of the year.
In the US, average daily rate slumped 5.9 percent in the week 6-12 December compared to the same period in 2008 to $96.04, according to data from STR.
The industry’s occupancy level [...]
Unique boutique hotel flourishes in Cairo
The concept of “a boutique hotel” also known as ‘a design hotel’ was born in the 1980s. Two of the first boutique hotels in the world opened in 1981 — Blakes Hotel in South Kensington, London fashioned by celebrity stylist, Anoushka Hempel and the Bedford in Union Square, San Francisco. In 1984, Ian Schrager opened [...]
Marriott makes changes at top: Hubennette off to London; Tatum taking helm as No. 1 Hawaii executive
Marriott’s top executive in Hawai’i, Ed Hubennette, is being transferred to London to run the hotel chain’s London-based operations that include South England and Ireland.
He’s being succeeded by Chris Tatum, a 28-year Marriott veteran who grew up in Hawai’i. The 50-year-old Radford High graduate went to college at Michigan State University and has worked with [...]
Four Palace Resorts in Mexico join Wyndham
PARSIPPANY, N.J. – Wyndham Hotels and Resorts and Palace Resorts today announced that four upscale Palace Resorts properties in Mexico will join the Wyndham® brand: Beach Palace®, Cancun; Isla Mujeres Palace®, Isla Mujeres; and Playacar Palace® and Xpu-Ha Palace®, both in Riviera Maya.
Xpu-Ha Palace will be rebranded as a Wyndham Resort while Beach Palace, Isla [...]
Thayer, Jin Jiang Hotels purchase Interstate
ARLINGTON, Va.—The first example of the all-cash, Chinese-backed acquisitions that analysts predicted would jumpstart the 2010 transactions market has taken place. Thayer Lodging Group and Shanghai’s Jin Jiang International Hotels will purchase Interstate Hotels & Resorts in a joint-venture transaction valued at approximately $307 million.
Interstate issued a statement today saying it has signed a definitive [...]
