Far harsher than most investors anticipated, 2009 was the year of a new reality. As debt markets remained illiquid and fundamentals continued to deteriorate, many investors retreated to the sidelines. Americas hotel transaction volumes sunk 78 percent, totaling $2.1 billion – the lowest level of the decade.
The Americas region will face another challenging year [...]
Marriott International, Inc. (NYSE: MAR) announced today at the American Lodging Investment Summit that seven iconic hotels from The Kessler Collection will be the first to join the Autograph Collection, the company’s newest brand that features independent hotels and resorts from around the world representing upper-upscale and luxury properties with distinctive personalities. All seven hotels [...]
For the 13th year in a row, Four Seasons has been named by FORTUNE magazine as one of the 100 Best Companies to Work For, ranking 58th. Four Seasons is one of only 13 organizations to have the distinction of being recognized every year since the list’s inception in 1998 and is the highest ranked hotel [...]
Orlando’s hotel industry ended 2009 with another bad month in a string of bad months — and, by many measures, its worst year on record.
Hotels in the Orlando area were little more than 60 percent full on average in December. That was down just 2 percent from the same month a year ago, but hoteliers [...]
Hospitality eBusiness Strategies (HeBS) is proud to launch its new Interactive Scavenger Hunt for the City of Indian Wells, California. A new multi-channel marketing initiative, the Interactive Scavenger Hunt serves as a marketing and branding tool to generate buzz and actively engage customers as they interact with the renowned luxury destination online.
For ten days, entrants [...]
HolidayCheck officially launches the enhanced .com site. Usability and design have been improved, making it even easier for users to submit hotel and cruise reviews, upload their own holiday pictures and videos and share their travel experiences with others.
“The launch of the new .com site is extremely significant”, says Friedrich Scanzoni, Managing Director of the [...]