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2009 NYU International Hospitality Industry Investment Conference

Thank you for visiting www.HotelWorldNetwork.com/nyu for updated coverage of the 2009 New York University International Hospitality Industry Investment Conference, which took place May 31 - June 2.

NEWS COVERAGE

LIIC: New indicators for a new economy
By Stephanie Ricca, editor, Hotel & Motel Management
NEW YORK—A year ago, members of industry think tank the Lodging Industry Investment Council forecasted a financing slowdown. Six months ago they were deep in solution-seeking mode, and today they are debating what microindicators might start the turnaround.

CEOs: Recovery around the corner
By Jason Q. Freed, senior editor, Hotel & Motel Management
–There was a general consensus at the NYU International Hospitality Industry Investment Conference in June that, as far as the lodging industry is concerned, the worst is behind us and we’ve flat-lined at the bottom of a trough. But no one could agree on when a recovery will begin or how long it will take. And this time, hoteliers weren’t willing to make guesses.

Numbers tell a ‘depressing’ story
By Jason Q. Freed, senior editor, Hotel & Motel Management
–As many industry experts anticipate an upturn in the market, data researchers continue to study how drastically the industry fundamentals have fallen over the past year.

NOTEBOOKS

NYLO’s Russell gets creative in tough times
By Jason Q. Freed, senior editor, Hotel & Motel Management
–Industry veteran John Russell, fully aware the economic meltdown has been detrimental to franchising a new brand, has looked to an outside partnership to supplement growth of NYLO Hotels.

New prototype, growth plans for La Quinta
By Stephanie Ricca, editor in chief, Hotel & Motel Management
Growth is in the air at La Quinta as the brand moves into Panama for the first time and launches its Urban Design prototype, the first new prototype since 2001.

First Best Western Atrea opens in San Antonio
By Stephanie Ricca, editor in chief, Hotel & Motel Management
Mark Williams, VP, North American development for Best Western, said 30 Atreas are signed up; nine are under construction and about half of the remaining 21 still need financing.

Embassy Suites unveils one-room prototype
By Jason Q. Freed, senior editor, Hotel & Motel Management
–For 25 years, Hilton Hotels Corp. has banked on its Embassy Suites brand being perfect for the transient family looking to stay at an upscale hotel. For the most part, it has worked. Now, Embassy Suites executives are hoping the parents from those families become return guests when they travel for business.

Aimbridge: Zero to 57 in six years
By Jason Q. Freed, senior editor, Hotel & Motel Management
–Although the recession has slowed portfolio growth for many hotel management companies, Aimbridge Hospitality sees it only as a speed bump and is again pressing the accelerator.

PHOTO GALLERIES

NYU 2009
A photo gallery from events taking place at the 2009 New York University International Hospitality Industry Investment Conference.

SOCIAL MEDIA

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