Hospitality Industry News
Lukas Hartwich, analyst with Green Street Advisors, joined REIT.com for a video interview in Chicago at?1?2013: NAREIT?s Investor Forum. Hartwich focuses on the?1. He discussed whether business travel or leisure travel is better positioned in the current market environment. ?The short answer is business hotels
Hospitality Industry News
NEW YORK CITY-At the recent?NYU’s International Hospitality Industry Investment Conference, the point was continually made that it?s the?opportune time to build hotels, due to readily available construction financing and the large number of companies focused on increasing their presence in New York City. The reason
Passenger rights, safety, crime and taxes were among the topics covered at the July 24 cruise ship hearing by the Senate Committee on Commerce, Science and Transportation, chaired by Senator John D. (Jay) Rockefeller. Rockefeller said in his introductory comments that at last year?s hearing, he had been assured
BEIJING – According to the?China cruise & yacht industry association?(CCYIA), China?s cruise market capacity has increased greatly in 2012. Mainland China received international cruise ships 285 times over the year, which was an 8.8% increase compared with last year; the number of visitors by cruise was 660,
Hospitality Industry News
Despite consumers’ increasing use of the Internet as a go-to source for information, when it comes to planning and booking a vacation, travel agents remain a key part of the equation today, tourism officials say. As such, building and maintaining relationships with the travel agents is vital. Representatives of
Hospitality Industry News
Casino operators in Macau, the world?s largest wagering market, have been a safer bet than other leisure stocks since the 2007-2009 global financial crisis. The key to keeping their edge may be middle-class tourists from?1. Gambling houses with operations in the Chinese enclave accounted for four
Hospitality Industry News
A recent travel survey of over 38,000 members of leading travel social network, Where are you now? (WAYN), has revealed some interesting changes in how its users choose to travel. The introverts guide to travel? The results suggest that travellers increasingly seek solitude when on holiday, with the majority
Hospitality Industry News
The hotel industry may have risen like a phoenix from the ashes of recession, but it doesn’t mean all hotel owners are able to pay their bills on time. Bank foreclosures, in fact, still exist. The fact of which still makes it a great time to buy?particularly if
Air France
Download the press release Watch the press conference on Air France-KLM website
Swiss International Air Lines has added another destination to its Geneva-based network. The new non-stop flights to and from St. Petersburg (Russia) mark a further step in SWISS?s steady development of its services for Western Switzerland. SWISS?s first non-stop flight from Geneva to St. Petersburg
Hospitality Industry News
IHG (InterContinental Hotels Group) today announced that international investment company, Pro Invest Group, has established a $150 million fund to develop a portfolio of 15 Holiday Inn Express hotels across Australia. Pro Invest has created a property development and hotel operating company to build and operate an initial 15 Holiday
Hospitality Industry News
Barnard, Vt. (July 24, 2013)?– Twin Farms, Barnard, Vermont’s only five-star luxury resort is pleased to announce the appointment of John Graham as Managing Partner. The Relais & Chateaux resort is an intimate, inclusive country hideaway set amidst 300 acres of meadows, ponds, streams and woodlands 15 minutes
