Lodging Daily News

Greening the Bathroom

Posted by LODGING Staff on  June 30, 2011
Comments Off on Greening the Bathroom
Category: Uncategorized
It’s often said that the key to a good hotel room is a good bed and good shower. Just as bedding has morphed from merely comfortable to comfortable and eco-friendly, so too are the bathrooms. These days, hotels are offering up more than just a hot shower; they’re offering bathrooms with efficiency, sustainability, and a sense of the eco- conscious design that consumers are finding increasingly more important when making their choice of stay. As

Meet the New Meetings

Posted by LODGING Staff on  June 30, 2011
Comments Off on Meet the New Meetings
Category: Uncategorized
It’s been a tough couple of years in the meeting business: the finally fading AIG effect that placed a stigma on luxury meetings in particular; the reluctance of corporations to spend money on business travel; and the emergence of technologies that promise low-cost substitutes for face-to-face events. A turnaround does seem to be in place, but the meetings landscape has been permanently transformed by all of the above. Some meetings industry leaders see a silver

Price Begets Profits

Posted by LODGING Staff on  June 30, 2011
Comments Off on Price Begets Profits
Category: Uncategorized
In the March 2011 edition of our monthly Hospitality Market Update newsletter, PKF Hospitality Research (PKF-HR) made the following observation: “The driving force behind revenue growth in 2011 is clearly price positioning. The higher the room rate, the greater the projected growth in ADR and, consequently, RevPAR.” After analyzing the results of the 2011 Trends® in the Hotel Industry survey, the relationship between price positioning and profits appears to be as strong as the correlation

Positive Performance

Posted by LODGING Staff on  June 30, 2011
Comments Off on Positive Performance
Category: Uncategorized
As the recovery of demand for the U.S. lodging industry takes hold, a detailed look at the data reveals a more mixed result when looking at specific locations. The good news first: Hotels in all location types reported strong demand increases when compared to the first four months of 2010. These vary from 7.2 percent for suburban hotels to 5.2 percent for airport properties—certainly a great showing and an indicator that business and leisure travel

Property Insurance Coverage

Posted by LODGING Staff on  June 30, 2011
Comments Off on Property Insurance Coverage
Category: Uncategorized
Property insurance is a valuable asset that can protect businesses in the hospitality industry from both natural and man-made disasters. Such insurance may provide coverage not only for physical damage to and loss of property, but also economic losses resulting from the interruption of your business and during the time your business is recovering. When a policyholder submits a claim for coverage following a loss, however, insurance companies often refuse to pay the claim based