The Global Hotel Construction Pipeline Tops 11,000 Projects

April 6, 2016 – PORTSMOUTH, NH – According to the latest Global Construction Pipeline Trend Report from Lodging Econometrics (LE), the worldwide Pipeline is at 11,130 Projects/1.9 million Rooms, the highest level LE has ever recorded. The Global Pipeline is up 9% Year-Over-Year (YOY) by both projects and rooms, led by significant growth in the [...]

Mövenpick Hotels & Resorts Reaches New Heights

Doha: The world isn’t short of beautiful resorts, but the upcoming Mövenpick Dharamshala Resort & Spa in Northern India is poised to take the design and delivery of upscale remote properties to a whole new sustainable level.
The 124-room resort, due to open in 2013, will be located 2,400m above sea level in the upper reaches [...]

Global Hotel Rates Climb in February

Global hotel rates climbed in February according to data released today byPegasus Solutions in The Pegasus View. Business travel rates rose a remarkable +7% over February 2010, and rates paid by leisure travelers for hotel rooms increased +3.6% over the same period.
Global reservations through the mostly leisure alternative distribution systems (ADS), or online channels, declined from [...]

Price more important than destination, says Travelzoo

A new Survey from Travelzoo has found that 64% of people say hotel prices are more important than the destination when choosing holidays. The survey, which examined consumer behaviour, found that most holiday planning was based on price and user reviews.
Of those surveyed, 93% compared prices before booking and 81% used hotel review sites.
Conversely, only [...]

Facebook hotel booking conversions growing, for some higher than TripAdvisor

Facebook is fast becoming more than a customer relationship tool for many independent properties and chains. Many hotels now offer room-booking technology on their Facebook pages, which is leading to incremental sales.
“Over the course of 2009, we saw the volume of direct referrals from Facebook to hotel websites grow. The conversion rate was higher for [...]

Offline travel now growing faster than online

In 2010, offline travel distribution will grow faster than online for the first time since the rise of online travel, according to a new report, PhoCusWright’s “US Online Travel Overview Tenth Edition.”

Another perhaps surprising finding: Corporate travel led the US travel market’s 2009 plummet and is now fueling its recovery, in a dramatic swing that [...]

Are your hotel rates perceived as fair?

In the lodging industry revenue managers set prices. Customer-centric revenue managers, go further. They make sure their prices are fair. The difficulty comes in deciding exactly what constitutes a fair hotel price.

The difficulty for them, and for you if you are responsible for setting prices in your organization, comes in deciding exactly what constitutes a [...]

Mobissimo to bring travel search to Facebook

Travel search engine Mobissimo has launched the first vertical travel search application available within Facebook. Now, users can access Mobissimo’s travel search engine directly from Mobissimo’s Facebook page and get real-time results from over 172 different travel websites worldwide.

This new capability is part of an aggressive strategy to leverage Facebook’s growing importance in online travel [...]

Mr. P.R.S. Oberoi Named 2010 Corporate Hotelier of the World

Mr. P.R.S. Oberoi, Chairman of The Oberoi Group, has been presented with the ‘2010 Corporate Hotelier of the World’ award by HOTELS magazine.  In its 29th year, the annual ‘Hotelier of the World’ award is determined by votes cast by readers of the magazine in more than 150 countries.
Mr. Oberoi received the award at a reception [...]

Announcing the New Forbes 5-star Hotels and Restaurants

Hotel and restaurant ratings from Forbes Travel Guide (former Mobil Travel Guide) were announced this morning, and here’s a first look.
Making it to five-star status this year: Falling Rock at Nemacolin Woodlands Resort in
Farmington, Pa. (the resort is shown at right; Falling Rock is a small luxe part of it); the Island Shangri-La Hong Kong. [...]