Room thrashers, constant complainers may be left out in the cold

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Nakheel and the Trump Organization, two of the world’s leading developers, are set to break property records in Dubai after receiving bids for an exclusive penthouse in Trump International Hotel & Tower on Palm Jumeirah.

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Japan’s lodging industry has been shaped by cultural and economic forces that have historically dissuaded many Western hotel brands from becoming participants. However, recent investment trends have opened the door for these brands.

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JAL Hotels Co., Ltd., which operates Nikko Hotels International, a group of luxury hotels, and Hotel JAL City, a mid-priced business hotel chain in Japan, announced at its annual shareholders meeting and board of directors meeting today the appointment of Katsumi Chiyo as president and CEO. He will succeed Mamoru Tsutsumi.

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Revenues Improve 43% over Prior-Year Period, Kitchen Capacity Increased 55,000 Meals per Day in Fiscal 2008

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The skyrocketing price of aviation fuel will have devastating implications far beyond new surcharges for checked bags and in-flight beverage services according to a new study prepared by the Business Travel Coalition (BTC).

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Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes occupancy and average room rates from major cities in Canada.

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In the past eighteen months, demand has remained relatively flat while rate has increased by between 7% in 2007 and almost 9% in 2006. The consumer that seemed so resilient to rising hotel rates has ‘collapsed’, in the words of Bernie Sternlicht, Chairman and CEO of Starwood, pressured by rising gas prices and the resulting cost of goods, not to mention the loss of equity in their largest investment, their homes. (BTNOnline, June 2, 2008))

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Molinaro Koger (MK) announced today that the firm’s metro-DC headquarters office facilitated the marketing and sale of the Residence Inn Boston Tewksbury/Andover, Massachusetts, on behalf of Lion ES Hotels II, LLC.

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If you want to get to know Starwood CEO Frits van Paasschen, grab your running shoes. His version of a power breakfast is a strenuous, 10-mile run at 6 a.m. He runs every day and has run 12 marathons.

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