- Sales & Marketing | Mexico & Latin America
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External: Brazil upgrades hotel supply as Olympics, World Cup approach | By Patrick Mayock
As they gear up for the 2014 FIFA World Cup and the 2016 Summer Olympic Games, Brazil’s Ministry of Tourism and the Brazilian Development Bank (BNDES) are looking to refresh the country’s hotel inventory with a 1-billion Brazilian reais (US$544.5-million) line of credit for property refurbishment, expansion and ground-up construction.
- HotelNewsNow.com (HNN)
- Monday, March 1 - 2010
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Cautious Optimism Returns as Hotel Operators Feel the Worst is Over | Horwath HTL Reports
Results from the latest edition of the Global Hotel Market Sentiment Survey shows that hotel operators believe that the worst of the crisis is behind them and that 2010 will be the beginning of the long road to recovery. The survey, carried out every six months by Horwath HTL the world’s foremost firm of hospitality consultants, concentrates on four key questions to gauge the level of industry fe...
- Horwath HTL Pty Ltd
- Wednesday, February 24 - 2010
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STR Global posts Americas results for Dec. '09, year-end '09
The Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for year-end 2009 and December 2009, according to data compiled by STR and STR Global. Overall for 2009, the region’s occupancy dropped 8.7 percent to 55.3 percent, average daily rate fell 9.1 percent to US$99.08, and revenue per available room dropped 16.9 percent to US$54.81.
- STR Global
- Wednesday, January 27 - 2010
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TRAVELCLICK® Launches Revolutionary Business Intelligence Application
TRAVELCLICK®, the pioneer and continued market leader in intelligence for the hospitality industry, today launches Hotelligence360™, a revolutionary suite of interactive business intelligence applications. The new solution will enable hotels to improve their financial performance by creating a platform of information that provides a foundation for greater knowledge of market dynamics and compreh...
- TRAVELCLICK
- Wednesday, January 20 - 2010
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EZYield.com Provides Lifeline for Strategy Shift at Mexico’s Camino Real Hotels
EZYield.com, the originator of automated online channel management solutions for the worldwide hospitality industry, today announced that their technology was instrumental in the recovery of Mexican hotel chain, Camino Real Hotels, following the recent Swine Flu scare’s devastation on the region’s hospitality industry. Using EZYield.com, the chain was able to quickly execute changes in revenue ma...
- EZ Yield.com, Inc.
- Thursday, January 14 - 2010
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HBSi Signs Latin America’s Leading Hotel Operator: Grupo Posadas
HBSi, an IBS Group company, has added Grupo Posadas to its network of hotel companies that use HBSi's channel management and connectivity solution. Based in Mexico City, Grupo Posadas is the largest Latin American hotelier with 110 hotels including Live Aqua, Fiesta Americana Grand, Caesar Park and Caesar Business brands.
- HBSi
- Tuesday, January 12 - 2010
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Four Palace Resorts in Mexico Join Wyndham Hotels and Resorts
Wyndham Hotels and Resorts and Palace Resorts today announced that four upscale Palace Resorts properties in Mexico will join the Wyndham® brand: Beach Palace®, Cancun; Isla Mujeres Palace®, Isla Mujeres; and Playacar Palace® and Xpu-Ha Palace®, both in Riviera Maya.
- Wyndham Hotel Group
- Monday, December 21 - 2009
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Marriott Takes Fairfield Inn & Suites Brand International, Will Add Record 36 Hotels In Mexico, Tripling Presence There
Marriott International (NYSE:MAR) today bolstered its international hotel development strategy in the Americas by signing an agreement with Pulso Hotelero of Mexico to develop 36 Fairfield Inns in Mexico, which will triple the company's lodging portfolio there. It represents Marriott's largest multi-unit development agreement ever.
- Marriott International, Inc.
- Thursday, December 10 - 2009
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HVS opens its 30th Office as it Approaches its 30th Year | 3rd Presence in South America - Lima, Peru
Steve Rushmore, President, Founder, and CEO of HVS, the global leader for hospitality consulting and services, is pleased to announce the opening of the firm’s 3rd office in South America, and 30th office worldwide -- Lima, Peru. Arturo García Rosa, an industry specialist in the region with more than 30 years of experience and leadership in South America’s hospitality and tourism sectors, and who...
- HVS
- Tuesday, December 8 - 2009
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Hotel Investing in Brazil | By Diogo Canteras
Having emerged strengthened from the global financial crisis, Brazil — in contrast with the current international economic climate — offers excellent investment opportunities, especially in the hospitality industry. Brazil is a large economy with a highly favorable medium and long-term outlook, and in fact now may be a unique moment of opportunity in the country's history. It is also true, howeve...
- HVS
- Monday, December 7 - 2009
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- Featured HSMAI Publication
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Travel Internet Marketing White Paper SeriesThe HSMAI Travel Internet Marketing Special Interest Group is pleased to present a ten-part series of white papers, as part of its mission to increase members' awareness and understanding of emerging issues, opportunities and trends; and, TIG Global is proud to sponsor the reports as part of its commitment to helping travel professionals drive revenue and profit online by making smart, strategic marketing decisions.
Read More »
- Featured Industry Publication
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How Hotel Guests Perceive the Fairness of Differential Room Pricing
View publication »
When customers perceived hotel revenue management practices to be fair, they are more likely to be satisfied with the hotel and are more likely to return to that hotel in the future. In this survey of 815 people, we examined the effects of three factors on the respondents' assessment of the fairness of hotel rate policies. Those three factors were familiarity with the practice, provision of information about the practice, and the brand class of the hotel. Of those three, we found that familiarity with a pricing practice was far and away the most important factor affecting perceived fairness. The implication is that revenue managers should focus their efforts on increasing guests' familiarity with their pricing practices. (PDF Document)
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12 -17 March 2010INTERNORGA 2010
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14 -18 March 2010ARDA 2010 Annual Convention and Exposition
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