“Vacation Trends and Deals for Brazil's Rio Janeiro by Worldwide Lodging Directory Rentalo.com (PRWeb)” plus 3 more |
- Vacation Trends and Deals for Brazil's Rio Janeiro by Worldwide Lodging Directory Rentalo.com (PRWeb)
- Themes, variations grow SFL's lodging industry (Sun-Sentinel)
- Zacks Bull and Bear of the Day Highlights: Family Dollar, FTI Consulting, Wells Fargo, Citigroup and Starwood Hotels ... (Zacks.com via Yahoo! Finance)
- AH&LA Honors Bhupen Amin of Lotus Hotels & Investments with State Leadership Award (Business Wire via Yahoo! Finance)
Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.
| Posted: 15 Mar 2010 10:35 PM PDT | Vacation Rentals versus Hotels Comparison Shopping Trends, Vacation Planning Trends, Vacation Themes Trends, and Feature Listings in Rio de Janeiro, Brazil, South America Miami, FL (Vocus/PRWEB ) March 15, 2010 -- Rentalo.com, a leading lodging and vacation rental directory, is facilitating vacation planning for millions of travelers in the US and abroad. The lodging web site reveals the findings of a recent marketing study conducted on 2,442 opted-in travelers who searched for vacation rentals in Rio de Janeiro from July 2008 to January 2010. This study validates recent forecasts by travel experts on consumers' interests in comparison shopping. In addition, Rentalo.com highlights two of its best values in vacation rental deals from its Sponsor listings in this magnificent metropolitan city in South America.
Vacation Trends for Rio de Janeiro The study revealed that 76 percent of the vacation planners who inquired for a place to stay showed interest in comparison shopping among Rio de Janeiro vacation rentals, bed breakfasts, and hotels. 23 percent were early planners who started their vacation planning 1 to 2 months in advance, 37 percent were from last minute travelers inquiring within the last 30 days prior to the arriving to their Rio de Janeiro lodging, and another 37 percent were travelers planning at least 2 months prior to arriving to Rio de Janeiro. Rio de Janeiro's most popular vacation theme is family reunions with 56 percent of the inquiries requesting accommodations for groups of more than 4 adults or families with kids, 37 percent for couples on romantic getaways, and 5 percent for people traveling alone. Special Deal: Rio de Janeiro Luxury Vacation Apartment – from US$ 100 per night Those with a taste for elegance will love this luxurious Rio de Janeiro vacation apartment. Located just two and a half blocks away from the beach and fabulous night life, this apartment is simply a delight. It has three bedrooms, two bathrooms, sleeps up to six people comfortably, and rents from $100 per night. For complete details, contact information and pictures, please visit rentalo.com, and search for ID 232791. Special Deal: Rio de Janeiro Beachfront Vacation Apartment – from US$ 165 per night Located at Rio de Janeiro's most beautiful beach, this property offers its visitors spectacular views from an excellent location. It is suitable for four people and has two bedrooms, two bathrooms, sauna, and pool, and rents from $165 per night. It has been recently renovated and reviewed by the International Traveling Magazine. For more information and pictures, please log on to rentalo.com, ID 27297. "Travel sites should facilitate vacation planning, and make it easier for travelers to compare their choices," says Alfredo Purrinos, president and founder of Rentalo.com. "Rentalo.com makes it easy for travelers to compare offers from vacation rentals, hotels, and bed and breakfasts to meet their specific lodging needs." Rentalo's free destination-based inquiry service (also called wanted ad service) offers huge time-savings to online travelers by providing direct access to quotes from inventory owners in close to 15,000 destinations worldwide. It's also a great comparison shopping tool for vacation planners find the best values in vacation rentals, bed and breakfasts, and hotels. Travel editors, experts, and other media publications interested in similar data pertaining to other vacation destinations, or additional consumer data statistics and facts such as budget, amenities, length of stays, peak seasons, and inventory data should contact Rentalo directly. About Rentalo.com Media Contact: # # # Bookmark - Del.icio.us | Furl It | Technorati | Ask | MyWeb | Propeller | Live Bookmarks | Newsvine | TailRank | Reddit | Slashdot | Digg | Stumbleupon | Google Bookmarks | Sphere | Blink It | Spurl |
| Themes, variations grow SFL's lodging industry (Sun-Sentinel) Posted: 15 Mar 2010 06:00 AM PDT When Myles Chefetz started building a small South Beach hotel next door to his popular Prime One Twelve steak house, where a rib eye costs $56, he figured the 14-room Prime Hotel would be worth about $12 million. His lenders recently disagreed, putting the value at about $7 million. ``They want a pay-down to get the loan-to-value ratio right,'' Chefetz said during a tour of the hotel's rooftop pool, which doubles as a 30-foot-long whirlpool tub. Chefetz said he doesn't worry about the upside-down mortgage because Prime Hotel's first-floor restaurant churns out enough cash to make payments on the property's $9 million debt. ``I'm not in trouble because I've got the cash flow to pay for it,'' he said. Still, the real estate math confronting Chefetz's latest venture reflects the perils of launching a hotel into a battered tourism market. But it also captures a trend in South Florida's largest industry: despite the rough conditions, the hotel market continues to expand. A string of limited-service hotels recently opened near the Fort Lauderdale-Hollywood Airport. At the start of the year, the 56-room Tempo hotel quietly debuted in the luxury Marquis condo tower near the AmericanAirlines Arena in downtown Miami. And within a few blocks of Prime Hotel's Ocean Drive location on First Street, Chefetz faces two other tiny newcomers -- Sense, an 18-room hotel also on Ocean; and the 14-room Villa Italia, slated to debut in the fall on Washington Avenue and Fourth Street. ``Hopefully we'll get open by the time the [winter tourism] season starts,'' said Luigi Vitalini, the Coral Gables architect who designed Villa Italia, as well as the Sense and Prime hotels. ``It's been a tough experience, of course.'' Developer Gregory Gerasimov initially planned to turn the former cut-rate hotel into a condominium. Once the real estate market collapsed, the plan switched back to a hotel, but far more upscale. Gerasimov said he's cheered by growing occupancy rates at South Beach hotels as the lodging market shows more signs of recovery. Smith Travel Research reported that in January, Miami-Dade hotels saw their first gain in per-room revenue since August 2008, the start of the financial crisis. ``I'm encouraged,'' Gerasimov said. ``Otherwise, I wouldn't be building anything.'' Like any new hotelier this year, he will face some of the steepest challenges once Villa Italia opens. Most new hotels borrowed money at the peak of the credit bubble, must woo travelers at a time of steep discounts by better-known rivals, and often contend with construction loans coming due at a time when lenders are loathe to refinance. ``Anybody that opens up a hotel in this market has gotta be a little lunatic,'' hotel consultant Victor Lopez said with a laugh. SLOWING IT DOWN The former Hyatt executive -- now a vice president at the Continental Cos. in Coconut Grove -- said hotels caught in a downturn mid-construction often switch to skeleton crews in order to delay opening and avoid the payroll expense of a fully-staffed property. ``With most loans, if you keep one or two workers,'' he said, ``you're still a construction site.'' None of this seems to bother Chefetz, a tanned 51-year-old veteran of South Beach's restaurant circuit.
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| Posted: 15 Mar 2010 06:16 AM PDT For Immediate Release Chicago, IL – March 15, 2010 – Zacks Equity Research highlights Family Dollar as the Bull of the Day and FTI Consulting the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wells Fargo , Full analysis of all these stocks is available at http://at.zacks.com/?id=5506 Here is a synopsis of all five stocks: Family Dollar's strategic initiatives to improve merchandising and store operations have helped grow the top and bottom lines. The company's point-of-sale technology and store realignment initiatives are helping to drive traffic. There is tremendous opportunity to increase gross margins by a renewed effort on its store brand portfolio. These initiatives helped the company post better-than-expected second-quarter 2010 sales results, and prompted management to raise its earnings guidance. Although the intense competition and shift in demand to lower-margin consumable merchandise categories triggered by the recent economic downturn remains a concern, we have an Outperform recommendation on the stock. We are downgrading our recommendation on FTI Consulting to Underperform from Neutral as a dramatic deceleration is expected in Corporate Finance and Restructuring through the remainder of 2010. The company's fourth quarter earnings came in only a couple of pennies short of the Zacks Consensus Estimate due to disciplined expense management and fewer share count. However, any significant growth was restricted by declining revenues from Technology and Strategic Communication segments. Further, the near-term outlook on these segments remains cautious due to the ongoing market turmoil, which is also expected to adversely affect the company's primary segment, Corporate Finance and Restructuring. We believe there is no significant growth driver to pull operating leverage in the near term. Latest Posts on the Zacks Analyst Blog: Yellen Reported to Be Vice Chair Keeping the Fed Funds rate low is needed right now given the enormous amount of slack in the economy. The two key measures of this are the unemployment rate -- which on an "official basis (U-3) stands at 9.7% -- and people who have been involuntarily cut back to part-time status or are otherwise under-employed are factored in (U-6) stands at 16.8%. Capacity utilization is currently at 72.6%; 80% is more normal. Under such conditions, runaway inflation is unlikely to be a major problem. There is simply no way for the wage side of a wage-price spiral to gain any traction. A low Fed Funds rate will also keep the yield curve very steep. This is very good news for the banks, as one of their core economic functions is to borrow short (for example, take in checking deposits which can be withdrawn at any time) and lend long (say, a mortgage or a commercial term loan). The steeper the curve; the greater the margin. This is allowing banks like Wells Fargo and even Starwood's Rating Outlook Stable Yesterday, Fitch Ratings affirmed Starwood Hotels & Resorts Worldwide Inc.'s ratings. The outlook was revised to Stable from Negative. Fitch has affirmed the Issuer Default Rating (IDR) at 'BB+', $1.875 billion senior unsecured credit facility at 'BB+' and $2.7 billion of senior unsecured notes at 'BB+'. The affirmation of Starwood's ratings and its outlook revision to stable reflects the improved scenario in lodging. There is a modest recovery in industry demand trends. Additionally, the ratings reflect the company's effort to strengthen the balance sheet, the repositioning of its timeshare business and its ability to access the capital markets during difficult market conditions. Get the full analysis of all these stocks by going to http://at.zacks.com/?id=5507. About the Bull and Bear of the Day Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months. About the Analyst Blog Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=5508. About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5509. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Contact: Mark Vickery Web Content Editor 312-265-9380 Visit: www.zacks.com
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| Posted: 15 Mar 2010 06:43 PM PDT WASHINGTON--(BUSINESS WIRE)--The American Hotel & Lodging Association (AH&LA) announced today the winners of the 2009 State Leadership Awards during its annual Legislative Action Summit (LAS). This award was created to honor the many volunteers who help strengthen both AH&LA and their partner state associations. Bhupen Amin of Lotus Hotels & Investments was honored as the State Leadership Award winner from the state of California. Amin, the California Hotel & Lodging Association (CH&LA) chairperson in 2009, led CH&LA in a challenging economic environment to a record year, exceeding all membership and financial goals, including the largest reserves in CH&LA's PAC in the history of the association. Amin was also largely responsible for record attendance at CH&LA's Legislative Summit and at both the Northern and Southern California Hotel & Lodging Conferences. Bhupen, through his efforts, also solidified and expanded important strategic relationships with the Asian American Hotel Owners Association and the American Resort Development Association, and was instrumental in CH&LA having the largest representation of any partner state association at AH&LA's Legislative Summit. "This award was very much earned – Bhupen is a tireless champion not only for CH&LA, but for the entire lodging industry," said Lynn Mohrfeld, CAE, president and CEO of CH&LA. "Bhupen's leadership was instrumental in CH&LA's successes this past year and the lodging industry is so much better off for his participation and involvement." Launched in 1998, this annual award is presented to one person in each state who has greatly contributed to their hospitality programs and initiatives. Past recipients of the State Leadership Award include Jim Beazley, Pam Richardson, Tim Bridwell, Don Johnson, Sandy Parker, and Carl Winston. About CH&LA The California Hotel & Lodging Association (CH&LA) is the largest state lodging industry association in the nation and a Partner State Association of the American Hotel & Lodging Association. Its 1,500 members include all segments of the lodging industry. CH&LA is the leading resource for communicating and protecting the rights and interests of the California lodging industry. CH&LA was established in 1893. CH&LA is on the web at www.calodging.com. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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