Last year was a year of change for Marriott International, Inc. (NYSE:MAR). In its just-issued 2011 Annual Report online at www.marriott.com/investor, see how the company embraced change as it announced the spin-off of its timeshare business as well as the third CEO in company history. Even with major transitions the company remains Marriott to the core, and that means being the world’s best hospitality company.
To view Multimedia News Release http://www.multivu.com/mnr/54177-marriott-internationals-2011-annual-report-and-video
Hotels.com®, the expert in online hotel booking and home to more than 20,000 hotel destinations worldwide, released its biannual Hotel Price Index™ (HPI®), reporting on the most popular travel destinations and the average price paid by travelers while visiting those destinations.
The HPI is a regular survey of hotel prices in major city destinations across the world, based on hotels.com bookings. Prices reported are those actually paid by customers (rather than advertised rates) during the calendar year of 2011. On a global scale, hotel prices increased by 4 percent on average in 2011 over 2010, while average prices in North America increased 5 percent year-over-year, continuing the process of steady recovery from the lows of 2008. Entering the third consecutive year of moderate price rises for guests, the global average price is still lower than it was in 2005, such was the depth of the financial crash-inspired trough.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52873-hotels-com-price-index-five-percent-rise-in-2011-in-north-america
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The relative strength of the global hotel sector can be seen as an indicator of a potential turnaround in the economic outlook with the average price of a room around the world rising 4% in 2011, according to the latest Hotels.com® Hotel Price Index™ (HPI®). The continuing strength in corporate travel, in particular, helped to push up demand and room rates, although prices were still generally lower than in 2005.
The HPI looks at prices that people actually paid for their hotel room around the world. Last year, prices fell 2% in Asia year-on-year but rose in all other areas: 8% in the Pacific, 5% in North America, 4% in Latin America, 3% in the Caribbean and 2% in Europe and the Middle East. The overall increase reflected a continuing trend of steady recovery after a 13% tumble in 2009.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53785-hotels
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On the 11th of November, Nordic hotel chain Scandic’s new lifestyle venture, Scandic Grand Central in the city center of Stockholm, Sweden, held its opening party. The hotel is the result of the hotel chain’s new drive to attract more international travelers and attract new target groups.
The hotel has 391 rooms, conference facilities, gym, restaurant, bistro and a large hotel bar/lounge open to the public. Scandic’s ambition is to develop unpretentious yet innovative hotels that are considerate of the environment as well as compassionate. Scandic Grand Central will be infused with Stockholm’s ‘downtown’ street culture and its vibrant atmosphere.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52789-scandichotels
The new Hotels at Per Diem website links U.S. government travelers with hotels offering rates at or below the U.S federal per diem allowance for their location. Its simplified interface is now easier to navigate and allows government and military staff to quickly locate and book hotels based on their requirements. Government travelers can search among top hotels by location or keyword and filter results by amenities, star ratings or other criteria. Hotel photos, descriptions and FEMA numbers assist visitors who are planning their accommodations.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53257-ubm-aviation-announces-new-hotels-at-per-diem-website
Palace Resorts – the company that sets the standard in five-star, all-inclusive resort accommodations – announces an unprecedented travel industry partnership with the launch of the exclusive Colin Cowie Wedding Collection. Available at all Palace Resorts Mexico properties and the all-inclusive Hard Rock Hotels in Punta Cana, Vallarta, Cancun and Riviera Maya, Colin Cowie is bringing his unparalleled style and innovation to destination wedding design. Previously available only to society and celebrity clients, this partnership signals the first time all couples will have the chance to wed or renew their vows in a celebration designed by Colin Cowie, one of the world’s foremost authorities in wedding planning.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53338-palace-resorts-hard-rock-hotel-properties-wedding-collection-colin-cowie
Marriott Hotels & Resorts and Host Hotels & Resorts, Inc. raise the curtain on Broadway, unveiling a multi-million dollar renovation of the brand’s flagship New York Marriott Marquis in Times Square. At the heart of the extensive renovation is the brand’s reinvented lobby, including two signature restaurants and lounges, where guests can work, socialize, relax, eat and drink. The makeover also encompasses the hotel’s nearly 2,000 guest rooms and a new, high tech 29,000 square foot Broadway Ballroom.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/marriott/51766/
In a new brand platform which launches this month, The Ritz-Carlton Hotel Company L.L.C. showcases the core service philosophy that makes them a successful luxury lodging company, with the introduction of an entirely new communications approach. Disrupting convention in the hotel category, The Ritz-Carlton poses an alternative style of question to guests, asking ‘Let Us Stay With You,’ thereby reversing the age-old approach of hotels asking guests to stay with them. Through the use of artwork, film, messaging, and digital experience platforms, guests are requested to allow The Ritz-Carlton to be much more than just a hotel; indeed to be that indelible memory that lasts a lifetime.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52201-ritz-carlton-hotel-company-introduces-brand-platform-let-us-stay-with-you
Hotel prices have experienced pronounced volatility as a result of political turmoil and natural disasters in the first half of 2011, according to the latest Hotels.com® Hotel Price Index™ (HPI®).
The average price of a room around the world rose by just 3% in the first six months of the year but this masked some steep rises and falls in regions affected by the historic events.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/hotels/50554/
