Archive for December, 2009

Dec 07 2009

The Hotel Yearbook

Published by HotelBlogs under Hotel Websites

The Hotel Yearbook published by Lausanne, Switzwerland-based will be available online. The 2010 edition will be available as a ‘freemium’ digital format.

Now, readers can easily download the report and save it in PDF Format or they can read it online from the comfort of their offices or homes.

James Wade, Publisher of the Yearbook and Managing Director of Wade & Company said:”Our readers say they are continually impressed with the valuable content The Hotel Yearbook’s contributors provide.”

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Dec 04 2009

HSMAI Global Has a New Official Chapter

Published by HotelBlogs under Hotel Websites

The HSMAI (Hospitality Sales and Marketing Association International) has recently launched an official chapter in the United Arab Emirates focusing on Best Practices and Ideas to Grow.

The official ceremony was hosted by Jeff Senior, executive vice president of slaes and marketing for Fairmont Raffles and global chair of HSMAI.

Robert A. Gilbert, CHME, CHA, president and CEO of HSMAI commented: “We are excited that the sales and marketing professionals in this rapidly growing region of the world are now represented by HSMAI.”

He also said: “The value of membership in the association, coupled with the programs that will be produced by this new national chapter, will ensure that hospitality companies in the UAE have access to the latest trends and resources to grow their businesses.”

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Dec 02 2009

Hyatt Hotel Will Test the IPO Waters

Published by HotelBlogs under Hotel Websites

The Wall Street Jouranl has release an article about the Hyatt Hotel testing the IPO Waters. Apparently, the system was supposed to be installed this past summer, but investors were demanding more than what they should have and the process was delayed.

Jim Rossman, head of U.S. equity capital markets at Macquarie Capital said: “We’re running into renewed volatility in the market that we haven’t seen in some time, and one essential requirement for a robust IPO market is stability in valuation.”

He also commented:”The performance of the market in the last few weeks has impacted IPOs. Buyers are more likely to sit on the sidelines when they see comparable valuations coming down.”

This week, the Hyatt Hotel will be testing the system.

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