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Numbers ‘spectacular’ for lodging in Vicksburg (The Vicksburg Post)
Attendance was down, but Vicksburg Convention Center and Vicksburg Auditorium managers said their quarterly financial picture was “spectacular” due to an increase in events at the convention center and revenue from the city’s lodging tax.
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FelCor Lodging Trust shares tumble (AP via Yahoo! Finance)
Shares of FelCor Lodging Trust Inc. tumbled Wednesday afternoon, after the real estate investment trust was downgraded by KeyBanc Capital Markets.
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Uniform System Of Accounts For The Lodging Industry | Tenth Edition – Major Changes (Hospitality Net)
The Financial Management Committee of the American Hotel and Lodging Association (AH&LA), in conjunction with the Hospitality Financial and Technology Professionals (HFTP), published the tenth edition of the Uniform System of Accounts for the Lodging Industry (USALI) in the fall of 2006. The first edition of the USALI was published in 1926 by the Hotel Association of New York City. The purpose ...
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Labor Day air and lodging packages (MSNBC)
If you prefer to remain stateside this Labor Day but don’t necessarily want to stay at home, there are plenty of wallet-friendly options available on the domestic front.
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2 Hyatts will enhance Avondale lodging (The Arizona Republic)
Avondale's high-end hospitality industry is expanding. Two proposed Hyatt hotels will go up just a few miles from two new Hilton hotels.
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Per diem rates for 2009 rise in large cities (Federal Times)
Starting Oct. 1, federal travelers will get more money for trips to many big cities, such as New York, Washington, Boston and San Francisco. About 400 locations will have higher per diem rates than the national standard, which is $70 for lodging and $39 for meals.
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Lodging Econometrics Announces Total US Construction Pipeline of 5,883 Projects/785,547 Rooms at Mid-Year (Hospitality Net)
Lodging Econometrics (LE), the Global Authority for Hotel Real Estate, has released its US Construction Pipeline Report for Q2 2008, announcing 5,883 projects with 785,547 guestrooms in the Total Pipeline. Showing only a moderate quarter-over-quarter (QoQ) increase, project and guest room counts in the Total Pipeline are at new peak levels, but appear to be cresting. New visibility on the ...
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B'KLYN INN FOR TROUBLE (New York Post)
More than half of the 5,000 new hotel rooms once planned for Brooklyn may never see the light of day because of the nation's dwindling economy, a top industry expert says. Sean Hennessey, CEO of Lodging Advisors, said that of the roughly 25 borough...
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AH&LA Webinar Provides Millennials C-level Industry Insight (Hospitality Net)
Hosted by the American Hotel & Lodging Association’s (AH&LA) recently-launched Under 30 Gateway membership category, next week’s interactive Webinar, ‘What Your Boss Knows, But Hasn’t Shared – With You,’ offers hospitality professionals of all ages candid insight on the industry from seasoned high-level executives. This first sponsored initiative of the Gateway will be held on Wednesday, August ...
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Care To Share Seeking Donations (The Suncoast News Pinellas)
The Rev. James Warren wants to take about 20 youngsters from Tarpon Springs to visit a Georgia state prison to learn, first-hand, why they should stay on school, away from drugs and crime. Warren, founder of the nonprofit Care to Share organization, said he needs donations so he can pay for gas, lodging, meals and the van needed to transport the youngsters.
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