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NYC luxury chains finally feel recession | By Martha Lomanno STR (Hospitality Net)
In this time of economic uncertainty, luxury chains are taking a large turn for the worse. In both the United States and the United Kingdom, occupancy and revenue per available room within this segment have seen increasingly large declines. While New York City Hotels have been able to keep RevPAR positive within the luxury chain segment for a while, the city is starting to see the effects of the ...

Fighting reported at Mumbai Jewish center (CNN)
More than a day after gunmen stormed ashore and attacked at least seven locations in Mumbai, killing 125 people, members of India's premier counterterrorist force early Friday were seeking to end standoffs at the two luxury Hotels and Jewish center that were attacked late Wednesday.

Bombay attacks: an attack on the Taj, the Tata Group and the West (Times Online)
On the face of it the terrorists struck in hotels at the heart of India?s business capital because they simply wanted to kill as many westerners as possible. But targeting the Taj Mahal Palace, an hotel owned by the Tata Group, had a deeper symbolism.

Thousands stranded in Thailand (Philippine Daily Inquirer)
BANGKOK, Thailand?Thousands of travelers remain stranded in Thailand after four days of unrest that have shut down Bangkok?s two main airports, disrupted exports worth tens of billions of dollars a day and tarnished the kingdom?s image as the ?land of smiles.?

Doubletree® Makes Debut in Central London; Brand Celebrates Development Milestone of More Than 200 Hotels Worldwide (Hospitality Net)
LONDON & BEVERLY HILLS, Calif. | Doubletree by Hilton?, the upscale, full-service brand that is part of the Hilton Family of Hotels, today celebrated the debut of its first hotel in central London with the re-branding of the 112-room Courthouse Doubletree by Hilton London-Regent Street. This opening marks a brand development milestone of more than 200 hotels and resorts now welcoming travellers ...

Scotland Yard team to probe British link in terror attack (rediff.com)
The United Kingdom will investigate the reports claiming two of the eight terrorists arrested in the Mumbai terror attack are British nationals.A nine-member team from Scotland Yard has left for Mumbai to probe the British links of the arrested terrorists.

European Chain Hotels Market Review | October 2008 | TRI Hospitality (Hospitality Net)
The Berlin hotel market put in a punchy performance in October, according to the latest European HotStats survey of 10 European cities by TRI Hospitality Consulting. Daily profit per available room ? as expressed by income before fixed charges (IBFC) ? increased by 8 per cent to ?95.08, making Berlin the third most profitable city in the survey. Berlin?s profitability was driven by rate growth, ...

Benchmarking Europe's Biggest: After The Crash, Corporate Buyers' Perspective (Business Travel News)
NOVEMBER 17, 2008 -- Four travel buyers?Mark Avery, U.K. head of business services for PricewaterhouseCoopers; Bernadette Basterfield, international head of travel for JP Morgan Chase Bank, based in the United Kingdom; Else Marie Madsen, travel manager for Lego, based in Denmark; and Peter Sijbers, director of senior sourcing for airlines and corporate card for Philips, based in the ...

UK Chain Hotels Market Review ? October 2008 | TRi Hospitality (Hospitality Net)
The UK chain hotel market reported a 9 per cent fall in profit this October, according to the latest HotStats survey from TRI Hospitality Consulting. The amount of profit generated per available room ? expressed as income before fixed charges (IBFC) ? fell to a daily figure of £49.76 compared to £54.70 the same month a year earlier. Lower profit was primarily the result of higher costs and a ...

Ramada Plaza Menam Riverside Bangkok re-opens after 800 million baht facelift (Thaipr.net)
One of Bangkok?s landmark riverside Hotels, the Menam Riverside Hotel, will re-open with a new name after an 800 million baht facelift. The newly-named Ramada Plaza Menam Riverside Bangkok Hotel boast

 

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