“Hotelsin.com offering lodging in Columbus” plus 3 more |
- Hotelsin.com offering lodging in Columbus
- Video: Positive Sign for Hotel Industry | Interview with Hotels.com president David Roche
- Host Hotels & Resorts, Inc. Announces Quarterly Dividend on Common Stock
- Research on Marriott and Starwood Hotels & Resorts -- The Seventh Successive Month in Positive Territories
| Hotelsin.com offering lodging in Columbus Posted: 16 Sep 2010 08:23 PM PDT Go to Hotels.com to find lodging in Columbus, and the website offers you a room for just $41 a night — at the Travelodge in Opelika, Ala. "Hotels.com does not offer hotel reservations in Columbus, Georgia," the website says. "We apologize for any inconvenience. The hotels listed below can be found within 30 miles of Columbus, Georgia." Staying 30 miles away from the place you're visiting is inconvenient, but that's what happens when the Columbus Consolidated Government files suit against an online travel service for city lodging taxes: The service drops Columbus from its listings. Expedia.com doesn't even acknowledge Columbus exists — not Columbus, Ga., anyway. Search for that, and you get this: "Please help us with a little more information. We found more than one location matching Columbus, Georgia. Please select a location from the list." Listed are Columbus, Miss.; Columbus, Ohio; Columbus, Ind.; and Columbus, Texas. Thus cyberspace travelers might get the impression Columbus, Ga., has vanished into a lodging void. Into this online gap now comes Hotelsin.com with its web link www.hotelsincolumbus.com, offering accommodations at hotels located right here in Columbus. "This special site is devoted to Columbus, Georgia, making Hotelsin.com the only national hotel reservation company to list hotels in Columbus, Georgia," said a news release, which quotes the online service's marketing director saying of Aflac and Fort Benning, "It is only right that a city that has one of the country's largest insurance companies and a major military base be visible on travel sites." Chief Executive Officer Natasha Kalina said in a telephone interview Thursday that her business has joined the American Hotel and Lodging Association, whose members are familiar with the issue of cities seeking lodging taxes from online reservation services. "It's an ongoing discussion amongst hoteliers," she said. That local municipalities are trying to get what revenue they can in a sour economy is "unfortunate but understandable," she said, but the hotels and the travelers are caught in the middle: "It's hurting communities. It's just not right." Kalina said customers making reservations through Hotelsin.com pay a flat fee for each transaction. She believed it to be about $5. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php | |||
| Video: Positive Sign for Hotel Industry | Interview with Hotels.com president David Roche Posted: 16 Sep 2010 07:39 AM PDT |  16 September 2010 Hotels.com®, the largest provider of lodging worldwide, released their biannual Hotel Price Index (HPI™) illustrating an increase in average hotel room rates for the first time since the end of 2007. Despite the 2% increase, hotel room rates are still markedly lower than rates at the peak of the market. As the Hotels.com 2009 HPI predicted, 2010 continues to be another great year for great travel values. Las Vegas topped the list of top five most popular domestic destinations for the second time this year, with New York, Orlando, Chicago and San Francisco following close behind. Popular cities for international travelers include New York, Las Vegas, San Francisco, Orlando and Los Angeles. "We're seeing travel bookings pick up around the world," said Victor Owens, vice president of marketing, North America for Hotels.com. "It's stimulating to see not only the breadth of travel both domestic and international, but also the steady rise in hotel prices which is helping reinvigorate the industry. There are, of course, still deals to be had, especially in international destinations like Abu Dhabi, Dubai and Reykjavik which each saw a major drop in hotel prices during the first half of 2010." Click http://www.hotel-price-index.com for a look at the entire report, featuring infographics and a detailed state-by-state and city-by-city breakdown. Key Findings and Report Highlights: Some of the greatest price rises for rooms among the world's top cities in the second quarter of 2010 versus the second quarter 2009 were tied to major events for films, including: film festival famous Cannes (60%); Eat Pray Love locale Bali (57%) and World Cup host Cape Town (53%). More travelers are hitting the road in style during the first half of 2010, and they did it for less. A host of cities around the world saw average prices for top-end rooms drop over a tenth, making luxury in these cities a far more attractive proposition for travelers. Domestically, a 5-star hotel dropped 13 percent in Orlando ($259-$225) and San Francisco ($323-$280). U.S. residents with the travel bug have been hitting up capitals around the world, including London, Paris and Rome. Chicago's rates have stayed steady with an average room rate of $137, making it ideal for business travelers and one of the best locations for meeting planners to book their next event. The Big Apple was the most expensive domestic city of those tracked in the global list; but, U.S. and overseas travelers continued to flock to NYC. Prices averaged $224 per room per night during Q2 2010 – an increase of 14 percent compared to 2009. A Gradual return of business travel and an increase in domestic travel fuelled this rise. The biggest loser is Abu Dhabi, which fell by 46 percent between Q2 2009 and Q2 2010. This means a hotel room that would have cost a U.S. traveler $304 during the first six months of 2009 cost a traveler just $163 this year – a drop of $141. This was fuelled by various factors, including a growth in the number of rooms, as new hotels opened, and a drop in the number of corporate travelers visiting the Emirate, due to the economic situation. This influential city of commerce was affected by the fall of international business travel, as was its larger neighbor, Dubai, which saw a 10% decrease in hotel room prices. city breakdown, international travelers, hotel room rates, peak of the market, travel bookings, domestic destinations, attractive proposition, infographics, hotel price, travel values, hitting the road, cities around the world, international destinations, price index, Hotels.comwww.hotels.com 8140 Walnut Hill Lane, Suite 800 USA - Dallas, TX 75231 Tollfree: (800) 964-6835 Phone: (214) 361-7311 Follow us on:   All Articles from Hotels.com | This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php | |
| Host Hotels & Resorts, Inc. Announces Quarterly Dividend on Common Stock Posted: 16 Sep 2010 01:05 PM PDT Press Release Source: Host Hotels & Resorts, Inc. On Thursday September 16, 2010, 4:05 pm EDT BETHESDA, Md., Sept. 16 /PRNewswire-FirstCall/ -- Host Hotels & Resorts, Inc. (NYSE:HST - News) announced that its board of directors authorized a regular quarterly cash dividend of $0.01 per share on the Company's common stock. The dividend is payable on October 15, 2010 to stockholders of record on September 30, 2010. (Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20060417/HOSTLOGO ) ABOUT HOST HOTELS & RESORTS Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper upscale hotels. The Company currently owns 112 properties with over 61,000 rooms in the United States, Canada, Mexico, Chile and the United Kingdom. The Company also has ownership interests in a joint venture in Europe that owns 11 hotels with approximately 3,500 rooms and a second joint venture in Asia that is developing seven properties in India with approximately 1,750 rooms. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, The Luxury Collection®, Hyatt®, Fairmont®, Four Seasons®, Hilton®, Accor®, Swissotel®and Le Meridien®* in the operation of properties in over 50 major markets worldwide. For additional information, please visit the Company's website at www.hosthotels.com. Note: This press release contains forward-looking statements within the meaning of federal securities regulations. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "plan," "predict," "project," "will," "continue" and other similar terms and phrases, including references to assumption and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: national and local economic and business conditions, including the potential for terrorist attacks, that will affect occupancy rates at our hotels and the demand for hotel products and services; operating risks associated with the hotel business; risks associated with the level of our indebtedness and our ability to meet covenants in our debt agreements; relationships with property managers; our ability to maintain our properties in a first-class manner, including meeting capital expenditure requirements; our ability to compete effectively in areas such as access, location, quality of accommodations and room rate structures; changes in travel patterns, taxes and government regulations which influence or determine wages, prices, construction procedures and costs; our ability to complete acquisitions and dispositions; and our ability to continue to satisfy complex rules in order for us to remain a REIT for federal income tax purposes and other risks and uncertainties associated with our business described in the Company's filings with the SEC. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations. * This press release contains registered trademarks that are the exclusive property of their respective owners. None of the owners of these trademarks has any responsibility or liability for any information contained in this press release. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php | |||
| Posted: 16 Sep 2010 06:18 AM PDT SOURCE: Wall Street Equity Research
Sep 16, 2010 09:10 ET JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 16, 2010) - www.wallstreetequityresearch.com offers world class analysis on lodging companies Marriott International Inc. (NYSE: MAR) and Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT). Sign up today at www.wallstreetequityresearch.com to receive free research reports on these companies. The Lodging industry is showing signs of a continual recovery, as profits for companies in the industry remain positive compared to last year. A recovering economy has led to more business and leisure travel which has bumped up revenues. Increases in demand as well as average daily rates have propelled the industry to its seventh consecutive month of growth. www.wallstreetequityresearch.com is a specialized website where investors can have full access to free reports on lodging stocks; traders looking for analyst opinions on Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/ With twenty consecutive months of contraction trailing the recent period of growth, companies are trying to take a proactive approach to keep profits climbing. Some in the industry like Marriott International Inc. have unveiled new rewards programs designed to entice and maintain clientele, with points redeemable for luxurious gifts or free accommodation. Shareholders and investors can access the free research Marriott International Inc. now by signing up at http://wallstreetequityresearch.com/September162010MarriottInternationalInc.(MAR)160910.php. Other companies have been expanding their operations in the emerging market of China. Starwood Hotels & Resorts Worldwide Inc. announced yesterday that its first St. Regis Lhasa Resort will open its doors in November of this year in China. As a large number of the Chinese population is beginning to become more affluent, companies are hoping it will translate into an increased amount of business and leisure travel. The www.wallstreetequityresearch.com has also compiled a free research on Starwood Hotels & Resorts Worldwide Inc. that can be downloaded now by signing up at http://wallstreetequityresearch.com/September162010StarwoodHotels&ResortsWorldwideInc.(HOT)160910.php. The Lodging industry has been climbing recently, and companies are hoping that an economic recovery will continue this trend. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting lodging companies in today's economic environment. About Wall Street Equity Research: Wall Street Equity Research looks to bring simplicity and highly sophisticated research to an ever-changing investing environment. Wall Street Equity Research has been partnering with a number of North American and Emerging Economies analysts to bring you the best of both continents in terms of market analysis and analytical opinions.  This is a standard press release. Learn more about press release distribution from Marketwire to find out how to get your news featured here and on thousands of targeted news outlets. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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