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PKF survey finds optimism in hotel investments
Travel Daily News
Rising profits, limited supply growth and improved access to capital make 2013 and 2014 an excellent time to invest in the U.S. lodging industry. This is the sentiment expressed by participants in the recently released 2013 edition of PKF Consulting USA, LLC's Hospitality Investment Survey.
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A trip into the North American traveler's psyche
The Booking Truth
Built upon an entirely new methodology defined by the American traveler's perspective (not the industry's), The Booking Truth identifies 65 factors driving guest experiences — everything from the disappointing to the satisfying to the truly delightful. From basic, tangible factors like beds, bathrooms and décor, to experiential considerations like staff, location and ancillary services, the factors impacting American business and leisure travel form the basis of their reviews and, therefore, what they tell other travelers.
Why do hotels keep renovating?
Hotel News Now
When a hotel announces new ownership, to support its new identity and brand integrity, a flagship renovation is not far behind. Renovation plans are announced almost daily. Is it out of necessity or is it the current marketing vogue?
Business is back for architecture, but the recession changed the game
The Denver Post
Looking around Denver these days, it's easy to see how the Great Recession changed the building environment. The forest of cranes that dominated the downtown skyline just a few years ago — as the state courts building, the Four Seasons hotel and the Colorado history museum were going up — now looks more like a few trees. Now, instead of new skyscrapers, older structures are coming back to life, like the new Hilton brand hotels, birthed creatively from the shell of a former office tower.
St. Regis is building 17 new luxury hotels; 34 projects planned by Four Seasons
The 10 best hotel groups of the world further expands their hegemonies: Starwood Hotels and Resorts are planning 17 new properties for its top hotel brand St. Regis and Four Seasons is currently developing 34 new hotels and resorts worldwide.
18 things hotels could do to be truly brilliant
Conde Nast Traveler
Marriott has invited consumers to submit their "game-changing" ideas for hotel improvement to its Travel Brilliantly microsite, and some of them are quite innovative. Before hotels start implementing such futuristic ideas, though, it would be nice if they could get the basics right.
Google Carousel: The new feature hoteliers can't afford to ignore
While there are no statistics yet on the impact Google Carousel has on traffic or revenue, a recent study from Chitika found that the top listing in Google's organic search results received 33 percent of traffic compared to 18 percent for the second position. With the new carousel feature, it is expected that branded search traffic will increase as users click on the image and enter the site through the refreshed branded search as opposed to entering the site through non-branded searches.
Hyatt Place brand to debut in Brazil
Hyatt Hotels via MarketWatch
Hyatt Hotels Corporation announced the execution of an agreement to form a joint venture between a Hyatt affiliate and FSA Group S.A., a Libra Group company, to develop and own nine Hyatt Place-branded hotels in Brazil. The total investment from Hyatt and FSA for the development of these hotels is expected to be approximately $270 million. The hotels will be located in key cities and towns that have established commercial and industrial infrastructure and will help meet the growing demand for quality accommodation across Brazil.
Skyscrapers without steel could slash footprint by 75 percent
According to the U.S. Environmental Protection Agency, buildings account for 65 percent of the electricity consumption and 30 percent of the greenhouse gas emissions in the U.S. It might surprise you to learn that a lot of this can be explained by the materials used to construct big buildings: steel and concrete. A new report by the design firm Skidmore, Owings and Merril found that by replacing this steel with timber, it could be possible to slash a skyscraper's carbon footprint by up to 75 percent.
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