Hospitality Industry News
BETHESDA, Md., May 14, 2014 /PRNewswire/ — ? Host Hotels & Resorts, Inc. (NYSE: HST) announced that its board of directors authorized a regular quarterly cash dividend of $0.15 per share on the Company’s common stock, representing the 14th consecutive quarterly dividend increase. The dividend is payable on July 15,
Hospitality Industry News
1Guests are demanding more data than ever, but according to recent research, infrastructure in the?United States?is having difficulty keeping pace with the rest of the world in terms of broadband speed and price. ?The Global Competitiveness Report 2013 ? 2014? by the World Economics Forum ranked the U.S.
Hospitality Industry News
1 CANCUN — Hotel conversions, expansions and openings, coupled with the increase in the upper-end sector of all-inclusive resorts and the strength of Mexico’s visitor numbers in Q1, fueled the mood of confidence among buyers and sellers at Tianguis Turistico, Mexico’s annual travel trade event, held this
Hospitality Industry News
Hong Kong, 12 May 2014 ? Mandarin Oriental Hotel Group has announced the appointment of Jeremy McCarthy as Group Director of Spa. Mr McCarthy who will be based at the Group?s corporate offices in Hong Kong, has been appointed to lead and manage the global activities of Mandarin Oriental?s
Hospitality Industry News
1(Reuters) – Recent partnerships by Google Inc with hotel chains have raised concern among others in the travel industry that the search giant is trying to grab more advertising dollars. “To the extent that the travel industry is spending advertising dollars with Priceline or Expedia or TripAdvisor, Google is well
Hospitality Industry News
1KUALA LUMPUR, Malaysia ? Before the year is over, China will eclipse the United States as the country with the largest number of residents traveling internationally, according to a new study by Oxford Economics commissioned by the travel technology company Amadeus. Similarly, Asia, the Middle East and South America are experiencing
Hospitality Industry News
1At year-end 2013 the total construction pipeline in Europe stood at 734 projects/126,249 rooms, down 5 percent and 1 percent respectively from the previous year (Chart 1). Widespread austerity measures have slowed the region?s overall economic recovery and contributed to a sluggish pipeline. The economic recovery
Hospitality Industry News
1Your brand is no longer defined by your marketing strategy. Your messaging and market position are only reflective of the words you choose to describe your brand. And while knowing who you are and what you want your organization to be is a necessary first step, your market message is
Hospitality Industry News
STATE logistics group Transnet?s master plan for the development of SA?s ports includes proposed terminals for cruise liners in Cape Town and Durban, the doubling of exports of motor vehicles from Port Elizabeth, and a berth for oil rigs in Saldanha Bay. The Transnet National Ports Authority (TNPA)
Hospitality Industry News
1The travel industry is set for a robust recovery as confident consumers increase leisure spending and c-suites send more employees on the road to meet clients. This is expected to accelerate the pace of growth of the global multi-trillion-dollar industry, directly and indirectly responsible for 9.5%
Hospitality Industry News
1 For a long time, the only specialist low-fare airlines flying the Atlantic were charter affiliates of large tour operators, mostly European carriers hauling vacationing Europeans to the Unites States. Only a few airlines tried low-fare trans-Atlantic flying without package-tour-market backup, including PeoplExpress and World
Hospitality Industry News
1(Denver, CO) For well over a decade, the members of the hotel industry?s preeminent think tank, ?LIIC ? The Lodging Industry Investment Council?, are annually surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year. This exhaustive survey results in the LIIC