The Hotel Times - September 2008 - (Page 14) COVER STORY: RUSSIA & THE CIS … or we will hear of projects in the process and contact the developers and request an opportunity to make a proposal. “The most important thing, really, is to move slowly and establish a relationship with the developers of hotels—to gain their confidence, to learn the cultural challenges—before trying to implement our own cultures or the cultures of that particular company,” he said. Yilmaz recommends a successful local partner to make a development work. “Be selective with local partners; [find one] who has international experience, standards and history. If you have a good local partner, it will make it much easier to overcome specific local challenges,” he said. Moscow January 2004-May 2008 600 500 400 300 200 100 Occupancy ADR RevPAR $476.22 £369.16 77.5% Jan. 2006 Jan. 2004 May 2006 May 2007 Sept. 2004 Jan. 2008 May 2004 Jan. 2007 Sept. 2005 Sept. 2006 Sept. 2007 Jan. 2005 May 2008 May 2005 0 pheney@questex.com Source: Smith Travel Research http://www.ihrco.com http://www.ihrco.com
Table of Contents Feed for the Digital Edition of The Hotel Times - September 2008 The Hotel Times - September 2008 Business Outlook Editorial Outlook Contents In The News Transactional Facts Hurry Up and Wait Capital Outlook Development Outlook Brokerage Outlook International Litigation: Who gets sued? Insurance Outlook Economic Crisis: Stress or Opportunity for Franchisees? Franchise Outlook Ad/Edit Index In Closing The Hotel Times - September 2008 The Hotel Times - September 2008 - The Hotel Times - September 2008 (Page Cover1) The Hotel Times - September 2008 - The Hotel Times - September 2008 (Page Cover2) The Hotel Times - September 2008 - Business Outlook (Page 1) The Hotel Times - September 2008 - Editorial Outlook (Page 2) The Hotel Times - September 2008 - Editorial Outlook (Page 3) The Hotel Times - September 2008 - Contents (Page 4) The Hotel Times - September 2008 - Contents (Page 5) The Hotel Times - September 2008 - In The News (Page 6) The Hotel Times - September 2008 - In The News (Page 7) The Hotel Times - September 2008 - Transactional Facts (Page 8) The Hotel Times - September 2008 - Transactional Facts (Page 9) The Hotel Times - September 2008 - Hurry Up and Wait (Page 10) The Hotel Times - September 2008 - International Litigation: Who gets sued? (Page 11) The Hotel Times - September 2008 - International Litigation: Who gets sued? (Page 12) The Hotel Times - September 2008 - International Litigation: Who gets sued? (Page 13) The Hotel Times - September 2008 - International Litigation: Who gets sued? (Page 14) The Hotel Times - September 2008 - International Litigation: Who gets sued? (Page 15) The Hotel Times - September 2008 - Capital Outlook (Page 16) The Hotel Times - September 2008 - Capital Outlook (Page 17) The Hotel Times - September 2008 - Development Outlook (Page 18) The Hotel Times - September 2008 - Development Outlook (Page 19) The Hotel Times - September 2008 - Brokerage Outlook (Page 20) The Hotel Times - September 2008 - Brokerage Outlook (Page 21) The Hotel Times - September 2008 - Brokerage Outlook (Page 22) The Hotel Times - September 2008 - Brokerage Outlook (Page 23) The Hotel Times - September 2008 - Brokerage Outlook (Page 24) The Hotel Times - September 2008 - Brokerage Outlook (Page 25) The Hotel Times - September 2008 - Insurance Outlook (Page 26) The Hotel Times - September 2008 - Insurance Outlook (Page 27) The Hotel Times - September 2008 - Economic Crisis: Stress or Opportunity for Franchisees? (Page 28) The Hotel Times - September 2008 - Economic Crisis: Stress or Opportunity for Franchisees? (Page 29) The Hotel Times - September 2008 - Franchise Outlook (Page 30) The Hotel Times - September 2008 - Ad/Edit Index (Page 31) The Hotel Times - September 2008 - In Closing (Page 32) The Hotel Times - September 2008 - In Closing (Page Cover3) The Hotel Times - September 2008 - In Closing (Page Cover4)
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