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Gaming Industry News Highlights

Features

Selling Into a Bad Economy - Overcoming Fear and Stealing Share - By Carol Verret
Tough times require creative solutions not just business as usual! Not only are hotels being buffeted by the economy but also by the new competitive hotels have come online and/or are coming online in the near future. Make no mistake, there will be winners and losers in this environment - some hotels that will prosper and those that will capitulate! ...more

Lessons from the Field - Global Reader Definitions Of Hospitality - By John Hogan
I recently shared my definitions of the word HOSPITALITY in a column published in this service and asked readers to contribute their definitions. The response was very positive and I am pleased to share a sampling of the responses from a diversity of people and places. ...more

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Trends

J.D. Power and Associates Reports: Chukchansi Gold Resort & Casino Ranks Highest in Customer Satisfaction With the Casino Experience in Inaugural Northern California Casino Study
Satisfaction Levels are Considerably Higher among Members of Casino Players Clubs ...more

European Chain Hotels Market Review - September 2008
Profit falls furthest in Paris ...more

PKF Revises Forecast to Reflect Acceleration of Economic Downturn
The downward gravitational pull on the national economy resulting from extraordinary financial events currently playing out on Wall Street and in Washington has prompted PKF Hospitality Research (PKF-HR) to revise downward its hotel industry forecast for 2009 issued September 2008. The company is now expecting RevPAR and profit declines of 4.3 percent and 7.9 percent, respectively, for U.S. hoteliers in 2009, according to its updated forecast. ...more

Hotel Management Agreements: SNDAs or Subordination Agreements - By Jim Butler, author of www.HotelLawBlog.com
Hospitality Lawyer on how SNDAs or Subordination Agreements affect the value, financeability, and collateral value of a hotel. ...more

STR releases 2008, 2009, 2010 projections
No growth expected for occupancy and RevPAR, but ADR growth should hold ...more

STR Global, STR release September 2008 worldwide hotel performance results
Global markets show mixed results as two key measurements decline ...more

Canadian Occupancy, ADR, RevPAR - Week Ending October 18, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more

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Technology

Newmarket International's David Miller Selected to Present at DevLearn 2008
Newmarket International, Inc., the leader in sales and catering solutions for the hospitality industry, today announced that David Miller has been selected to present at The eLearning Guild's DevLearn 2008 Conference & Expo taking place November 11-14, 2008 in San Jose. ...more

HITEC 2010 Will Be Held in Orlando, Florida
Hospitality Financial and Technology Professionals (HFTP(R)) announced that the 2010 Hospitality Industry Technology Exposition and Conference (HITEC(R)) will be June 21-24 at the Orange County Convention Center in Orlando, Fla. ...more

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Sales and Marketing

Triptelevision Selected To Participate In The Phocus Wright Travel Innovationsummit
TripTelevision is chosen as one of thirty vendors worldwide to be featured at the first annual Travel Innovation Summit at The PhoCusWright Conference! ...more

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Appointments

Gaming Partners International Corporation Announces New Corporate Officer for North American Operations
Gaming Partners International Corporation (NASDAQ:GPIC) , announced today the appointment of Gregory Gronau as Executive Vice President and Chief Operating Officer for the company effective immediately. Gronau will assume duties that include management of the company's U.S. and Mexico operations conducted through its subsidiary, Gaming Partners International USA, Inc. ...more

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Environmental

NaturCert will attend Philoxenia 2008: 24th International Tourism Exhibition
NaturCert is the global independent organisation which has developed the NaturCert Certification Program for the environment and society. Today NaturCert announces that it will attend Philoxenia 2008:24th International Tourism Exhibition that takes place in Thessaloniki, Greece. ...more

10 Green Ways to Deal with a Tough Economy
Pineapple Hospitality offers numerous products and services to enhance your guest experience and lower operating costs ...more

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Financial

MGM MIRAGE Reports Third Quarter Results
The Company earned $0.22 per diluted share from continuing operations for the 2008 third quarter compared to $0.62 in the prior year third quarter. Results for the 2008 quarter included a non-cash write-down of $30 million, or $0.07 per diluted share, related to the 36-hole Primm Valley Golf Club and underlying land. ...more

Boyd Gaming Reports Third Quarter Results
For the quarter, the company reported income from continuing operations of $8.7 million, or $0.10 per share, compared to $31.9 million, or $0.36 per share, in the same period last year. ...more

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Internet

Destination Hotels & Resorts Tackles Web 2.0 with Avalon BUZZ Report
Avalon Report Corporation announced they have been selected by Destination Hotels & Resorts as their primary solution for monitoring of online customer reviews and ratings. The Avalon BUZZ Report(C) will empower every Destination property to easily monitor their reputation and customer satisfaction through a consolidated dashboard report of online guest ratings, reviews, pictures and video. ...more

E-Site Marketing Wins 2008 Best Hotel and Lodging Website Award
Performance is Key, Award Winning Site Sees More Than 50% Increase in Web Site Traffic ...more

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Other

No on 6 Committee, Penn National Charge Issue 6 Proponents with Defamation, Libel, Slander, Deceptive Trade Practices and False Advertising
Court filing also denies proponents' claims in earlier lawsuit ...more

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 Departments

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Appointments : 1 new
Environmental : 2 new
Features : 2 new
Financial : 2 new
Internet : 2 new
Other : 1 new
Sales and Marketing : 1 new
Technology : 2 new
Trends : 7 new

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