Travel Industry Wire - External Source News

Hotel occupancy rates are forecast to rebound this year in the U.S. and Europe. Room prices may follow in 2011, according to analysts including Patrick Scholes at FBR Capital Markets & Co. Some luxury hotels have already been able to lift rates as demand for $600 rooms, butler service and poolside cabanas recovers in cities such as Miami, New Yo... - More

Social networking has finally become something valuable for brick-and-mortar businesses. Smartphones and location-based social networks allow users to interact, share, meet up, and recommend places based on their physical coordinates. This real-world connection to social media can mean more foot traffic and profits for business owners. - More

Conversion rate optimization is the key to achieving significant ROI in online advertising campaigns - More

The University of Maryland’s Smith School of Business looked at the relationship between social media and small businesses and found that the technology adoption rates in the U.S. have doubled in the past year from 12% to 24%. - More

The industry is beginning to show signs of a recovery, with modest increases in revenue and forecasts of growing demand this year. - More

Two travel related stories are blowing out of proportion this week thanks to social media and the novelty, over-size megaphone it hands to anyone with a decent following. - More

Brands drive further into social-media arena without money-back guarantees - More

The Roger Smith Hotel may be the most social media savvy hotel in New York - if not the world. - More

Hospitality industry targeted more than financial service companies - More

Hotels in Moscow have been revealed as the world’s most expensive for a fifth consecutive year. - More