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CHR study shows effects of hotel pricing strategy on revenues
Hotel News Resource    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A new study from the Cornell Center for Hospitality Research explores hotel price stability and price shifting from 2007 to 2009. The study, Strategic Revenue Management and the Role of Competitive Price Shifting, examined whether using shifting price strategies, either up or down, over time was superior to maintaining a steady price strategy. While hotels that shifted to a higher pricing band against competitors tended to see greater revenue per available room, a steady price strategy was also quite effective. More

Hotel demand not impacted by oil price hikes
Hotel News Now    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Shawn A. Turner couldn't help but think he's not the only consumer cutting out trips as gas prices creep ever higher. So with that thought in mind, Turner reached out to hotel industry data experts for their take on what effect rising fuel costs might have on hotel demand. His first call was to STR's own Jan Freitag. He said hoteliers might see some leisure travel impacted by gas prices but any overall drops aren't likely to be drastic. More

Carlson Rezidor Hotel Group opens 1st Park Inn by Radisson Hotel in California
Travel Daily News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Carlson Rezidor Hotel Group announced the further expansion of the Park Inn by Radisson brand in North America with the opening of the Park Inn by Radisson, Fresno. The 204-room hotel is located two miles from Fresno Yosemite Airport and offers complimentary shuttle service. All guestrooms are oversized with a business desk and feature flat screen televisions. More

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Women-only hotel floors tap boom in female business travel
CNN    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Walk into a room on the 17th floor of Copenhagen's Bella Sky Hotel and you'll be greeted by soft rose and burgundy toned colors, fresh flowers, fruit smoothies, fashion magazines and a bathroom stocked with exclusive products, including day and night moisturizers. This might not sound all that appealing to Joe in accounting — but that's okay because he'll never make it past the locked glass entrance to the floor. More

Top 10 things you didn't know about Hotel Check-In readers
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Over the past three years, USA Today's Hotel Check-In has dug deep into the lives of our readers' travel habits, passions and pet peeves. So, Barbara De Lollis compiled a bit of that intel in a single post. Some of these findings may surprise you. Based on polls and an admittedly unscientific analysis of reader comments mostly from the past year. More

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The millennials check in
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The hotel industry, struggling to recover from the depths of the recession, has begun to contemplate a group of travelers it sees as crucial to its economic growth — those in their 20s and 30s who are obsessed with technology, social media and design. Many hotel owners and operators are remodeling existing hotels or introducing new ones that offer free hotelwide Wi-Fi connections, large, welcoming lobbies with plush, comfortable furnishings, state-of-the-art fitness areas, in-room power consoles to plug in iPads, laptops and other devices and stylish bars that spill into the lobby. More

Investors buy California hotels at record pace
The Orange County Register    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It's a gold rush for California hotels — another sign of the regional lodging industry's rebound: record sales levels. Consultants Atlas Hospitality Group of Irvine reports that California hotel sales last year were worth a record. $5.3 billion, a 199 percent increase vs. 2010 and a pace that topped 2006's previous record of $5.1 billion. And the number of sales was up 90 percent to 316 in 2011. More

Deal could pave way for tear-down of Montecito's Miramar Hotel
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Rick Caruso bought Montecito's Miramar Hotel in 2007, it was a long-vacant, fenced-off, dilapidated eyesore. Five years later, the fences are still up, the windows boarded, the paint peeling. In a community of sky-high hedges and imposing gates, it's still an eyesore. Caruso, a celebrity developer who is considering a run for mayor of Los Angeles, was asking for a $15 million tax break that he said can speed transformation of the beachfront property into a new five-star hotel. For his part, he promised to demolish the decaying Miramar once the deal is approved. More

Amusement park rides give even bigger thrill
Los Angeles Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For most people, a 400-foot free fall from a steel tower is a hair-raising adventure. Not for thrill-ride enthusiast John Gerard, who can't wait to try what Six Flags Magic Mountain in Valencia is billing as the world's tallest vertical drop ride. "I'm really excited about this," the San Diego doctor said. "I think there are many others like me too." More

US State Department recognizes safety of La Paz and South Baja
La Paz Tourism Board via Bradenton Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In a significant move that recognizes the safety of La Paz and Baja California Sur, the U.S. State Department's latest 2012 travel update states no security concerns for the region. For the first time, the regular update includes "no advisory" in effect for La Paz and the entire South Baja region. The move reaffirms the reputation of La Paz as the city of peace and abundance on the Sea of Cortez, and one of the safest places in the world to live in and visit. More
California Hotel & Lodging Industry Headlines
Colby Horton, Vice President of Publishing, 469.420.2601
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