Hotel Industry News Archive for 2012

Pro forma RevPAR for the quarter ended March 31, 2012, increased 6.1 percent to $ 60.92. Pro Forma RevPAR growth, excluding the results of the six hotels undergoing renovations during the first quarter of 2012, would have increased by an additional 220 basis points to 8.3 percent.

A new paper in the Cornell Hospitality Industry Perspectives series highlights Energy University, developed by Schneider Electric for the benefit of building managers in all industries, including the hospitality industry.

The global hospitality industry is gaining strength, but certain challenges remain, according to participants in the first International Hospitality Roundtable, produced by the Cornell Center for Hospitality Research (CHR).

The Cornell Center for Hospitality Research (CHR) has released the Restaurant Table Simulator (RTS), which gives restaurant managers a way to analyze table usage in their restaurant.

World Famous Luxury Resort Chain Puts KPIs for 22 Entities Under a Microscope Daily

Hyatt Hotels Corporation (NYSE: H), Interstate Hotels & Resorts and Carpenter & Company announce the grand opening of Hyatt Place Boston/Braintree, marking the first Hyatt Place on the South Shore and the second Hyatt Place in Massachusetts.

Lodging Interactive's Guest Review System provides an easy way for hoteliers to collect and respond to comments in real time while CoMMingle monitors social media channels such as Facebook, Twitter, Google+, YouTube and blogs; A FREE trial of Lodging Interactive's Guest Review System is available now through June 28

Average travel distance decreases significantly as holiday travelers economize by decreasing entertainment costs

Noble Investment Group announced the acquisition of the Hilton Garden Inn Boston Waltham in Waltham, Massachusetts. The hotel will undergo a comprehensive renovation to significantly enhance its amenity offerings and guest experience.

TripAdvisor announced the results of its annual summer travel survey of more than 1,800 U.S. respondents. Eighty-six percent of travelers are planning leisure trips this summer, up from 81 percent that traveled last summer.