“Lodging Interactive Launches Chatter Guard Lite Social Media Sentiment Monitoring For Hotels” plus 3 more |
- Lodging Interactive Launches Chatter Guard Lite Social Media Sentiment Monitoring For Hotels
- Courtyard And Residence Inn Downtown Chattanooga Hotels Earn Green Lodging Certification
- 106 Bay Area hotels in default
- Veteran Lodging Executive Forms Blu Hotel Investors to Capitalize on Expected Upturn in California Hotel Industry
| Lodging Interactive Launches Chatter Guard Lite Social Media Sentiment Monitoring For Hotels Posted: 13 Apr 2010 12:11 AM PDT "Building on the great success of our full service Chatter Guard Social Media Monitoring service, it became clear to us that we needed to offer a scaled down social media monitoring service that combines our proprietary technology and a human review vetting process," stated Mr. DJ Vallauri, Founder & President of Lodging Interactive. "Unlike our Chatter Guard full service solution which provides comment attribute scoring and online dashboards, Chatter Guard Lite provides weekly reporting of a hotel's Consumer Generated Comment ("CGC") sentiment. Each CGC is reviewed by our staff and is scored as either Positive, Neutral or Negative." Chatter Guard Litemonitors over 80 major social media sitesincluding:
A weekly Chatter Guard Lite Sentiment report is sent to the hotel. "What sets Chatter Guard Lite apart from other competitive services that only 'screen scrape' consumer feedback sites is the combination of our proprietary technology, human review processes and comment sentiment scoring," added Mr. Vallauri. "Each consumer comment is vetted buy our staff to ensure accuracy that only a human can provide and our team applies a manual sentiment scoring for each comment." Chatter Guard Lite is offered to hotels with no long term commitment or agreement and is billed on a month-to-month basis. Hotels can register for the Chatter Guard Lite service by visiting: Hotels can register:www.ChatterGuardLite.com About Lodging Interactive | Lodging Interactive, headquartered in Parsippany, NJ, is a leading provider of Internet Marketing Services to the hospitality, spa and restaurant industries. The company provides a portfolio of effective hotel internet marketing services to hundreds of hotels, resorts, timeshares, spas and restaurants. Clients include branded hotels from nearly every major brand as well as prestigious, landmark independent hotels. Through itsCoMMingle Social Media Marketing Agencyoperating division, the Company offers hospitality focused and fully managed outsourced hotel social media marketing.
Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Courtyard And Residence Inn Downtown Chattanooga Hotels Earn Green Lodging Certification Posted: 13 Apr 2010 09:30 PM PDT Chattanooga, TN - McKibbon Hotel Management, Inc. of Tampa, Florida has announced that two of its managed properties, the Courtyard by Marriott Downtown Chattanooga and the Residence Inn by Marriott Downtown Chattanooga, have been certified as "Green Lodges" by the Chattanooga Green Lodging Program. Presently, there are only 12 hotels in the state that have earned this designation. Hotel General Manager Andrea Anderson, who also serves as the President of the Greater Chattanooga Hospitality Association, is one of the industry professionals instrumental in the implementation of the Green Lodging Program, along with GCHA member Tom Cupo. "Our goal was to provide a program to enable participants to conserve and protect our natural resources for our visitors and our residents," explained Anderson. "In addition, this program will contribute to operating our hotels more efficiently and cost effectively." Anderson's properties have incorporated several conservation practices, including offering Green Events meeting packages, the use of recyclable bags for groceries, and partnering with the non-profit Orange Grove Center to recycle aluminum, glass and paper products. The Chattanooga Green Lodging Program is an initiative to promote and support Chattanooga's vision for a sustainable city. The program encourages hotels and restaurants to be aware of their impact on the environment and to take steps to reduce their carbon footprint, while enhancing the overall sustainability of their operations. The program provides guidance and resources that will greatly reduce participants' impact by using techniques that have been proven to reduce waste and, in many circumstances, save money. To become certified, properties must undergo an on-site inspection by Skye Con, an environmental consulting firm specializing in hospitality and tourism, led by President Dobbin Callahan. The hotel must meet minimum standards for performance in five core areas of energy, water and resource conservation, as well as developing a written plan for further improvement efforts. Properties certified by the Chattanooga Green Lodging Program are also certified internationally by Green Globe, the leading certification organization for hotels and tourism worldwide. The Chattanooga program is the first program in the United States to be fully recognized by this prestigious organization. For more information, visit www.chattanoogagreenlodging.com. SOURCE: McKibbon Hotel Management, Inc. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| 106 Bay Area hotels in default Posted: 13 Apr 2010 08:10 AM PDT More than 100 hotels in the Bay Area are now suffering from problem mortgages, according to a new report that sketches ongoing woes for the lodging industry. During the first quarter of 2010, an estimated 106 Bay Area hotels were either in foreclosure or default on their mortgages in the first quarter, Atlas Hospitality Group reported. That was up 10.4 percent from the 96 hotels in the nine-county region that struggled with mortgage delinquencies in the 2009 fourth quarter, the October-December period. "This problem is definitely going to continue," said Alan Reay, president of Atlas Hospitality. "We are still seeing declines in room revenue. That is having a major impact on the ability of hotel owners to pay off their mortgages." During the first quarter, the Bay Area regions hammered hardest by problem mortgages were Alameda County, Santa Clara County and Sonoma County. Delinquent and foreclosed mortgages for hotels totaled 24 in Alameda County, 21 in Santa Clara County and 19 in Sonoma County, Atlas determined. Among the prominent East Bay hotels that have landed in mortgage defaults: The 335-room Fremont Marriott Silicon Valley, in default on a $38 million note; the Homestead Village in San Ramon; and the Park Plaza Hotel in Oakland, which has been struggling with a mortgage default of $14 million. Some defaults could lead to a revival of the hotel involved. The Sheraton Pleasanton Hotel, located next to Stoneridge mall, went into default, suffered a foreclosure. Then it was bought by a new owner who plans a $2 million upgrade."Something like 80 percent of the markets in California were down in terms of hotel revenue," said Reay, whose company handles hotel property transactions. "Many owners will not be able to survive at these low rates of revenue." The slump in per-room revenue for hotels could unleash a vicious cycle, he warned. "That leads to more distressed hotels and more problem loans," Reay said. Measured by percentage increase, the steepest climb during the first quarter came in San Francisco, with a 44 percent jump in delinquent or foreclosed hotel mortgages. Santa Clara County was next worst with a 16.7 percent increase, while Alameda County rose 14.3 percent. "Industries related to tourism and business travel have been hit hard," said Brad Kemp, an economist and director of regional research with Beacon Economics. "Hotels will continue to be weak and I expect foreclosures to rise." California-wide, 406 hotels were suffering from problem loans in default or foreclosure in the January-March period of this year, Atlas Hospitality reported. That was up 10 percent from the 369 hotels in California burdened by delinquent loans during the fourth quarter of 2009. "We are also seeing hotel owners who tapped reserves to feed their properties are now starting to run out of these reserves," Reay said. The number of hotels statewide that are in some sort of financial distress due to failing mortgages could actually be much higher than what can be readily determined. The defaults and delinquencies that Atlas cited in its official numbers are based on public real estate records. "We believe the real number of distress deals is much higher than shown in our report," Atlas Hospitality stated in its report. "We estimate closer to 1,000 hotels are operating under some form of forbearance agreement." Contact George Avalos at 925-977-8477 HOTEL SLUMP The number of Bay Area hotels with problem loans increased during the 1st quarter of 2010 compared with the 4th quarter of 2009 County 1st quarter 2010 problem loans % change from 4th quarter 2009 Alameda 24 14.3% Contra Costa 8 -11.1% San Francisco 13 44.4% Santa Clara 21 16.7% Bay Area 106 10.4%
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| Posted: 13 Apr 2010 09:11 AM PDT SANTA BARBARA, Calif.--(BUSINESS WIRE)--Anticipating a rebound in the hotel industry, veteran lodging executive Michael Barnard has formed two companies; Blu Hotel Investors to acquire and develop properties along the California Coast and in other high barrier markets, and Blu Lodging Group to provide management services for owned properties as well as third-party hotels. Barnard, who has 25 years in the lodging industry, most recently as President and COO of Pacifica Hotel Company, Pacifica Hotel Investors and Pacifica Design Group, will head both new companies. "We've reached an important inflection point in the hotel business that offers astute investors what we believe is a tremendous upside opportunity," Barnard said. "The recession has hurt the lodging industry more than many other industries and the inevitable result is an impact on supply. But as the economy improves and travel improves with it, we're going to see a major rebound in demand. We think that means the opportunity for acquiring strategic properties begins right now." Blu Lodging Group will focus on branded management of properties in Coastal California markets, providing value with a streamlined corporate structure, an emphasis on revenue management, sales and marketing, tight cost controls and a focus on high quality service. "Where owners and operators are in trouble, we think we can offer them a strategic change with an owner's eye on the bottom line," Barnard said. He and his team are already working on several projects with launch dates scheduled to coincide with an improved hotel market. Blu Hotel Investors is also providing advisory services ranging from deal structuring, finance, design, acquisitions, development, redevelopment, management operations, asset management, branding and franchising. "We are currently looking for acquisitions that meet our investment criteria and we will be partnering those deals with selected investors," Barnard said. "This is an extremely exciting time for me and my management team because we see an enormous window of opportunity to capitalize on our experience and expertise in acquiring, developing and managing quality properties the right way." In addition to eight years at Pacifica Hotel Company, Barnard's career includes positions as Vice President of Acquisitions and Capital Investments for Choice Hotels International in Silver Spring, MD, and five years with Marriott Corporation in various positions including finance, development finance, and feasibility. He received his BS degree in Entrepreneurship and Finance from the University of Southern California. Visit us at www.bluhotelinvestors.com Blu, where vision, experience and opportunity meet. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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