HotelChatter - Tag: Hotel Industry

HotelChatter - Tag: Hotel Industry http://www.hotelchatter.com/ Hotel Reviews, Hotel Ratings, Hotel Openings en-us Copyright 2008 - SFO Media 2012-02-14T15:26:46Z HotelChatter HotelChatter HotelChatter http://www.hotelchatter.com/images/hcwhite.jpg http://www.hotelchatter.com/tag/Hotel%20Industry In These Dark Times, An Aloft Hotel Might Be Hard (But Not Too Hard) To Find http://www.hotelchatter.com/story/2008/7/31/155044/158 <![CDATA[<img src="http://www.hotelchatter.com/files/admin/funny_pictures_sad_cat_blackandwhite.jpg" class="imgborder"> Did you hear? Everything sucks! Gas prices are high! The economy is not doing so well! And really, really scary stuff is <a href="http://www.jaunted.com/story/2008/7/31/141452/064/travel/Staycation+Travel%3A+The+Ultimate+Bus+Horror+Story">happening</a> on Greyhound buses. Things ain't good, folks, and the New York Times assures us today that the hotel industry isn't going to get out of all this suckiness unscathed. In <a href="http://www.nytimes.com/2008/07/31/business/31hotel.html?pagewanted=1&ei=5087&em&en=90628ef356f193e7&ex=1217649600">"Terrible Timing for a Hotel Boom,"</a> the Times gently points out that it's kind of ironic (in the sad "rain on your wedding day" way that Alanis sings about -- so more like unfortunate) that the hotel industry saw high occupancy rates over the last few years but now, in the year so many hotel chains have chosen to expand at a Jenna 2008-07-31T17:00:02-05:00 Andaz, Another New Hyatt Brand http://www.hotelchatter.com/story/2007/4/16/1096/37677 <![CDATA[<img src="http://www.hotelchatter.com/files/3930/great_eastern.jpg" class="imgborder"/>We highlighted a report last week that hotel chains had launched <a href="http://www.hotelchatter.com/story/2007/4/11/10012/0100/hotels/You_re_Staying_Where_Hotel_Chains_Launch_24_New_Brands">24 new brands</a> in the past 24 months, but Hyatt doesn't want to slow down the pace. They just announced the launch of new brand <a href="http://www.hotelchatter.com/tag/Andaz%20Hotels">Andaz</a>, with the first opening slated for this September in London. Another Andaz brand will open across from New York's Public Library on Fifth Avenue but no opening date has been set. It seems Andaz is another case of out with the old (that's the Great Eastern Hotel atrium pictured here) and in with the new--some word that they say means "personal style." Have you just yearned for a hotel that is not quite a Hyatt and not quite a Tim L. 2007-04-16T10:24:27-05:00 You're Staying Where? Hotel Chains Launch 24 New Brands http://www.hotelchatter.com/story/2007/4/11/10012/0100 <![CDATA[<img src="http://www.hotelchatter.com/files/3930/confused_map.jpg" class="imgborder"/>If you are feeling out of it because you don't recognize all those hotel brands on display in the U.S. city you're visiting, you're not alone. It's hard to keep track when an average of one new brand a month gets slapped on building signs. According to <a href="http://www.pwc.com/extweb/ncpressrelease.nsf/docid/7BEBE3DDAF6A70778525729F00650914">a study from PriceWaterhouseCoopers</a> released last month, "there were a total of 24 new hotel brand launches in the U.S. in 2005 and 2006, which is the largest number of brand introductions in a two-year period since 1989." The Wall Street Journal picked up on this interesting facet: "In luxury hotels alone, 11 brands have been launched, including the Waldorf-Astoria Collection by Hilton Hotels Corp., and LXR by an affiliate Tim L. 2007-04-11T10:45:39-05:00 Hilton Hotels' Earnings Point to a Fountain of Cash http://www.hotelchatter.com/story/2007/1/31/52258/1456 <![CDATA[<img src="http://www.hotelchatter.com/files/admin/money_hotelbed.png" class="imgborder"/>Don't feel sorry for the Hiltons any time soon. <a href="http://www.hotelchatter.com/tag/hilton%20hotels">Hilton Hotels</a> released its earnings this morning and we wouldn't blame the execs if they called it a week and went partying in the Caribbean like <a href="http://www.hotelchatter.com/story/2007/1/26/101821/486/hotels/CNN_Suits_Partying_It_Up_At_the_Atlantis_Beach_Resort">CNN execs did last week.</a> Hilton Hotels posted a greater than expected rise in earnings for the fourth quarter, exceeded profit projections for 2006, and the company expects everything to keep looking rosy for the coming year. If you're the type that likes to decipher financial-speak, you can get the whole <a href="http://biz.yahoo.com/bw/070131/20070131005467.html?.v=1">Hilton press release here</a>. But we'll supply the condensed version. 1)Room rates were sky-high in 2006, so 2)Profits were sky-high in 2006, and 3)Rates and profits are expected to Tim L. 2007-01-31T12:21:19-05:00 It's Official: You Paid More for a Hotel Room in 2006 http://www.hotelchatter.com/story/2007/1/26/1040/81784 <![CDATA[<img src="http://www.hotelchatter.com/files/admin/money_wallet.png" class="imgborder"/>We ran a few different stories throughout the year about hotel rates going up noticeably, especially in markets with ongoing high occupancy, such as New York, D.C, and Boston. Turns out the rates really did go up--all over the U.S.Smith Travel Research, a number-crunching company that gets quoted in just about every story about the lodging industry, has released its <a href="http://www.hospitalitynet.org/news/154000320/4030077.html">year-end 2006 report</a>. Last year was a banner year for hotels, not such a great year for frugal consumers. <blockquote>Average room rate increased 7.0 percent to $97.31 and revenue per available room (RevPAR) --- the combination of occupancy and average room rate and a key industry productivity measure --- gained 7.5 percent to $61.69. Industry room supply Tim L. 2007-01-26T10:35:06-05:00 Search HotelChatter Search HotelChatter string http://www.hotelchatter.com/search/