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2008-08-28 News Highlights

Trends

Beijing Hotel Rates, Revenue Spike During 2008 Olympic Games
A study of daily hotel performance by STR Global shows significant rate and revenue spikes in Beijing during the 2008 Olympic Games as the city posted an occupancy rate of 88.47 percent during the event. ...more

Summer events boost London hotels - hoteliers in the rest of the UK maintain steady growth
Hotels in the capital experienced a very healthy July with significant growth in both room rate and occupancy, according to preliminary monthly figures released by PKF Hotel Consultancy Services. Hotels across the rest of the country maintained steady growth. ...more

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Development

Construction Underway At Wyndham Vacation Ownership's Newest Colorado Resort
WorldMark Grand Elk Expected to Welcome Guests in 2009 ...more

IHG to open first Holiday Inn Hotel in Vietnam in 2012
IHG (InterContinental Hotels Group) has signed an agreement with MBLand (Military Bank Land) to manage the Group's first Holiday Inn Hotel in Vietnam's capital city of Hanoi. ...more

Best Western Enters Singapore With Opening Of First Hotel In December 2008
Best Western International has announced the imminent launch of its first hotel in Singapore, the Best Western Jayleen 1918, which will officially open in December 2008. ...more

Gates Buys Over 5% of Strategic Hotels Stock
Microsoft's billionaire founder Bill Gates III, through his Kirkland, WA-based firm Cascade Investment LLC, has purchased almost 3.9 million shares of stock in locally based Strategic Hotels and Resorts Inc., according to an SEC filing. ...more

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Environmental

NaturCert announces 'Local Campaign'
NaturCert is the global independent organisation which has developed the NaturCert Certification Program for the environment and society. Today NaturCert is proud to announce the 'Local Campaign' part of the new set of NaturCert's public initiatives. ...more

Doubletree Resort in Niagara Falls, Ontario Receives Three Green Key Eco-Rating from Hotel Association of Canada
The Green Key Eco-Rating Program is a voluntary program designed to recognize hotels that have taken significant steps towards sustainability through participation in environmental programs, best management practices, training programs, and engineering solutions which have benefited the environment and the local community. ...more

Hotels sacrifice a little style to go for the green
Efforts answer the mayor's call to change their ways for the DNC. ...more

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Financial

High Quality First-Half 2008 Results For Accor
Solid first-half revenue performance - up 5.2% ...more

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Internet

VFM Interactive to Power DerbySoft's media distribution
DerbySoft, a technology company at the forefront of hospitality distribution in China, and VFM Interactive, the world's leading provider of online media production and distribution solutions for the hotel and travel industry, announced an exclusive partnership to empower the thousands of hotels in DerbySoft's system to increase online bookings across a full spectrum of channels through the power of visual imagery. ...more

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Openings

Trump International Hotel & Tower Chicago Unveils 53 Luxurious Spa Guest Rooms at The Spa at Trump
On September 1, Trump International Hotel & Tower Chicago will unveil 53 spa guest rooms at The Spa at Trump. These specially designed accommodations, ranging from 600 to 900 square-feet, will provide a transformational getaway expertly guided by the Spa Attache, who will customize the guest experience from start to finish. ...more

New Four Seasons Hotel and Shoppes and ZAIA by Cirque du Soleil Ready coming to Macao
Las Vegas Sands Celebrates Opening of Second Cotai Strip(R) Property and Launch of New World-Class Retail and Entertainment Offerings ...more

Concord Hospitality Unveils Marriott's Next Generation of SpringHill Suites
Concord Co-designed New Look Showcased at Springhill Suites Chicago Waukegan/Gurnee ...more

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Other

Discovering Larnaca - the Gateway to Cyprus
Host to the main international airport in Cyprus, Larnaca is often breezed through by tourists on their way to better known destinations in the popular country. However, though Larnaca serves as a great gateway to the colourful country of Cyprus, there is much more to this port town that makes it worthy of a visit in itself. ...more

Hilton Hotels Corporation Makes $3 Million Commitment to Annual Scholarship Fund
Unveils $200,000 Donation at Hilton Baltimore Ribbon Cutting Ceremony ...more

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 Departments

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 .  Development 4
 .  Environmental 3
 .  Financial 1
 .  Internet 1
 .  Openings 3
 .  Other 2
 .  Trends 2

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