Overall, summer occupancy rose 6.8 percent to 65.6 percent, average daily rate increased 1.3 percent to US$98.76 percent, and revenue per available room was up 8.2 percent to US$64.78. The summer season comprises June, July and August.
Eli Zabar is the founder of an ever-evolving gourmet food empire in New York City. Next Tuesday, October 5, 2010, he will be the featured speaker in the Conversations with Entrepreneurs series presented by the Leland C. and Mary M. Pillsbury Institute for Hospitality Entrepreneurship at Cornell University.
LaSalle Hotel Properties (NYSE:LHO) today announced that it and Hans S. Weger, the Company’s Executive Vice President, Chief Financial Officer, Secretary and Treasurer, agreed that Mr. Weger’s employment with the Company would terminate no later than February 28, 2011.
This list is based on problems I’ve seen in the last 12 months, and opportunities to work with some of the best. There’s a batch of new skills needed by modern managers, plus better ways of handling the essentials: sales, staffing and expenses.