Hotel & Motel Management - March 3, 2008 - (Page 1) NEWS CONFERENCE PROMISES PRACTICAL GREEN ADVICE Page 4 SPECIAL REPORT LENDING INSTITUTIONS SURVEY Page 22 TIMESHARE VACATION-OWNERSHIP STILL STRONG IN 2008 Page 38 www.HotelMotel.com News Analysis, Trends and People Since 1875 A HotelWorld Network Publication | Vol. 223, No. 4 | March 3, 2008 Tom Corcoran, chairman of the board for FelCor Lodging Trust and chairman of the American Hotel & Lodging Association, opened the final day of the Americas Lodging Investment Summit in Los Angeles by delivering an AH&LA update and co-moderating the opening panel. Deal makers: So far, business as usual By Jason Q. Freed ASSOCIATE EDITOR LIIC identifies growth, labor as top issues By Jason Q. Freed ASSOCIATE EDITOR AH&LA Los Angeles–If a looming national recession is supposed to add momentum to the lodging industry snowball already rolling downhill, it wasn’t evident at the Americas Lodging Investment Summit in Los Angeles. A record number of deal makers came together during the last week of January at the Hyatt Regency Century Plaza to do just that—make deals. “Recession” may have been the word of the day, and many of the speakers and educational panels focused on how to prepare for it. But in talks with the everyday movers and shakers—the brand development leaders, private investors, independent property presidents, and hotel owners and operators—2008, so far, is business as usual. See Business as usual | page 44 Los Angeles–Before the opening address at the Americas Lodging Investment Summit in Los Angeles, key members of the Lodging Industry Investment Council sat down with H&MM to discuss issues See LIIC panel | page 42 INFO CONCIERGE 1. Travel metasearch 2. Mobile travel applications Digital innovations top 2008 travel industry trends Brands emerge in uncertain times NYLO’s XP targets select-service market By Jason Q. Freed ASSOCIATE EDITOR Marriott, Schrager plan latest Edition By Jeff Higley EDITORIAL DIRECTOR 3. Continued consolidation 4. Social marketing 5. Media-based pricing 6. On-plane wireless communication 7. Older travelers going online Source: PhoCusWright Los Angeles–Banking on the success of the brand’s first full-service property opening in Plano, Texas, NYLO Hotels recently launched a brand extension, XP by NYLO, and franchising opportunities are officially open for both. XP will target the select-service market and resemble the progressive urban-loft design of its parent XP by NYLO is designed to have an urban-loft feel similar to NYLO, but with lower room rates and per-key costs. The brand extension launched in January. hotel, but per-key costs, and therefore room rates, will be significantly less. NYLO c.e.o. John Russell announced the brand launch and franchise availability during the Americas Lodging Investment Summit at the end of January in Los Angeles. “We see a void in the cool, select-service market,” Russell said. “XP is for the business traveler with a budget.” Russell outlined the differences between NYLO and XP: See NYLO | page 42 Los Angeles–Bill Marriott’s latest addition is an Edition like none previously launched by the hotel giant. In a stark white room at Los Angeles’ hip Ace Gallery, Marriott and hotel icon Ian Schrager unveiled “Edition” as the name for their joint-venture boutique hotel brand. The coming-out party, held in conjunction with the Americas Lodging Investment Summit, officially brings Marriott into the boutiquehotel segment. Arne Sorenson, Marriott International’s executive v.p., c.f.o and president of Continental European Lodging, said executives were shooting for five deals by the time it named the brand, and it ended up See Marriott | page 42 NYLO http://www.HotelMotel.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - March 3, 2008 Hotel & Motel Management - March 3, 2008 Contents Embassy Suites Refreshes Look, Service F&B Concept Set to Take Off Conference Promises Perspective Letter to the Editor Legally Speaking Guest Column HSMAI Consultant's Corner On Finance Travel Trends Energy Star Update Trends & Stats Transactions Property Management Systems Carpet: Mixed Media Planting Greener Greens Transportation Vacation-Ownership Update Ad/Editorial Index Marketplace Classifieds Checking Out Hotel & Motel Management - March 3, 2008 Hotel & Motel Management - March 3, 2008 - Hotel & Motel Management - March 3, 2008 (Page 1) Hotel & Motel Management - March 3, 2008 - Hotel & Motel Management - March 3, 2008 (Page 2) Hotel & Motel Management - March 3, 2008 - Contents (Page 3) Hotel & Motel Management - March 3, 2008 - Conference Promises (Page 4) Hotel & Motel Management - March 3, 2008 - Conference Promises (Page 5) Hotel & Motel Management - March 3, 2008 - Letter to the Editor (Page 6) Hotel & Motel Management - March 3, 2008 - Letter to the Editor (Page 7) Hotel & Motel Management - March 3, 2008 - Guest Column (Page 8) Hotel & Motel Management - March 3, 2008 - Guest Column (Page 9) Hotel & Motel Management - March 3, 2008 - HSMAI (Page 10) Hotel & Motel Management - March 3, 2008 - HSMAI (Page 11) Hotel & Motel Management - March 3, 2008 - Consultant's Corner (Page 12) Hotel & Motel Management - March 3, 2008 - Consultant's Corner (Page 13) Hotel & Motel Management - March 3, 2008 - On Finance (Page 14) Hotel & Motel Management - March 3, 2008 - On Finance (Page 15) Hotel & Motel Management - March 3, 2008 - Travel Trends (Page 16) Hotel & Motel Management - March 3, 2008 - Travel Trends (Page 17) Hotel & Motel Management - March 3, 2008 - Energy Star Update (Page 18) Hotel & Motel Management - March 3, 2008 - Energy Star Update (Page 19) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 20) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 21) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 22) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 23) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 24) Hotel & Motel Management - March 3, 2008 - Transactions (Page 25) Hotel & Motel Management - March 3, 2008 - Transactions (Page 26) Hotel & Motel Management - March 3, 2008 - Transactions (Page 27) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 28) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 29) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 30) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 31) Hotel & Motel Management - March 3, 2008 - Carpet: Mixed Media (Page 32) Hotel & Motel Management - March 3, 2008 - Carpet: Mixed Media (Page 33) Hotel & Motel Management - March 3, 2008 - Planting Greener Greens (Page 34) Hotel & Motel Management - March 3, 2008 - Planting Greener Greens (Page 35) Hotel & Motel Management - March 3, 2008 - Transportation (Page 36) Hotel & Motel Management - March 3, 2008 - Transportation (Page 37) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 38) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 39) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 40) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 41) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 42) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 43) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 44) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 45) Hotel & Motel Management - March 3, 2008 - Ad/Editorial Index (Page 46) Hotel & Motel Management - March 3, 2008 - Ad/Editorial Index (Page 47) Hotel & Motel Management - March 3, 2008 - Marketplace (Page 48) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 49) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 50) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 51) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 52) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 53) Hotel & Motel Management - March 3, 2008 - Checking Out (Page 54) Hotel & Motel Management - March 3, 2008 - Checking Out (Page 55) Hotel & Motel Management - March 3, 2008 - Checking Out (Page 56)
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