News for March 2012

New Orleans hotels draw local crowd with creative bar offerings

New Orleans hotels draw local crowd with creative bar offerings

March 30, 2012 Latest News

In New Orleans, Hotels Lure a Local Fan BaseBy PABLEAUX JOHNSONThe New York TimesPublished March 29, 2012MIDWAY through a Friday happy-hour gig, the bandleader Shannon Powell started taking requests.“Anything y’all wanna hear?” he a… Read More »

Convention Center contributes $30 million to effort to spruce up tourism district

Convention Center contributes $30 million to effort to spruce up tourism district

March 29, 2012 Latest News

"We're using the Super Bowl as an opportunity to fix a ton of dissatisfiers as quickly as possible..."March 28, 2012By Jaquetta White, The Times-PicayuneThe Ernest N. Morial Convention Center-New Orleans will contribute up to $30 million to an e… Read More »

PKF revises hotel revenue forecast upward

PKF revises hotel revenue forecast upward

March 28, 2012 Key Issues

March 21, 2012Travel WeeklyPKF Hospitality Research boosted its revenue forecast for U.S. hotels this year, and said the industry is partway through the longest growth period for occupancy rates on record.U.S. revenue per available room (RevPAR) w… Read More »

Tourism spending in U.S. surged 8.1% last year to $1.2 trillion

Tourism spending in U.S. surged 8.1% last year to $1.2 trillion

March 28, 2012 Latest News

Although American travelers account for the vast majority of tourism spending, more foreign visitors are coming to the U.S. and spending more.March 22, 2012By Jim Puzzanghera, Los Angeles Times Reporting from Washington—A record number of for… Read More »

Turning historic buildings into fine botels

Turning historic buildings into fine botels

March 28, 2012 Latest News

The number of hotel conversions of historic properties is rising in the U.S. as developers steer away from new constructions due to limited lending availability, this feature says. Despite the challenges inherent in modernizing older structures, thes… Read More »