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121. STR Predicts U.S. Hotel Industry to Continue ADR, OR and RevPAR Growth in 2016
For the remainder of 2015, the U.S. hotel industry is predicted to report a 1.7% increase in occupancy to 65.5%, a 4.8% rise in ADR to US$120.46 and a 6.5% increase in RevPAR to US$78.90. During that same period, demand growth (+2.8%) is expected to outweigh supply growth (+1.1%). When looking at the Top 25 Markets, 22 are expected to experience RevPAR increases of 5.0% or higher f
122. HFTP seeking Nominations for Paragon Awards
HFTP seeking Nominations for Paragon Awards. Hospitality Financial and Technology Professionals (HFTP) is currently accepting nominations for the Paragon Awards, which recognizes individuals who have made a significant and lasting contribution to both HFTP and the hospitality industry. Since 1999, 11 people have been recognized with a Paragon Award, and continuing with the traditio
123. SAS Secures Financing for 4 Airbus A330-300s
SAS has signed a sale and leaseback agreement with the Chinese bank, Bocomm, to secure the financing of 4 Airbus A330-300s. The aircraft will be delivered during the latter part of 2015 and the beginning of 2016. The agreement means that SAS, at the time of delivery for respective aircraft, will sell the aircraft to Bocomm and then lease them back during a term of 12 years.
124. Kempinski Hotels Appoints Amanda Elder as VP Sales & Marketing - China
Kempinski Hotels has appointed Amanda Elder as its new Vice President of Sales & Marketing, China. Australian born, Amanda has more than 24 years of experience in the luxury hospitality industry internationally including her previous positions as Vice President Sales Europe, Africa & Middle East and Regional Director of Sales & Marketing in Australia and Asia for Starwood Hotels an
125. Smiths Detection Wins Marrakech Menara Airport Contract
Smiths Detection has been awarded a contract by the Morocco Civil Aviation Authority (ONDA) to install its high-speed hold baggage explosives detection system, the HI-SCAN 10080 XCT, in the new passenger terminal at Marrakech’s Menara Airport.
126. Official Football Fan Gear Now Available at Emirates Official Stores
Football fans in the UAE can now buy Arsenal, Real Madrid, Paris Saint-Germain and AC Milan replica kits for the 2014-2015 season at Emirates Official Stores. Fans and collectors alike can even have their replica kits personalised with official league or club fonts, a service that’s available at the Emirates Official Store at The Dubai Mall and at Emirates Group Headquarters.
127. STR Reports July 2014 Performance of Hotels in U.S.
According to data from STR, the U.S. hotel industry reported positive results in the three key performance metrics during July 2014. Overall, in year-on-year results, the U.S. hotel industry’s occupancy was up 3.9% to 73.6%; ADR rose 4.8% to US$117.81; and RevPAR increased 8.8% to US$86.71.
128. Cathay Pacific to Launch Boston Flights
Cathay Pacific is to launch a new four-times-weekly non-stop service from Hong Kong to Boston, Massachusetts, on 2 May 2015, subject to government approval. Boston will become Cathay Pacific’s sixth gateway in the United States, and eighth in North America. The airline currently serves Chicago, Los Angeles, New York (JFK), Newark, San Francisco, Toronto and Vancouver.

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