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Gaming Industry News Highlights

Features

Going Green Shouldn't Increase Property Taxes - By Michael J. Shalley
The added start-up costs of going 'green' translate into higher property taxes for hotels? The answer is they can and here's how you can prevent it. ...more

Lessons from the Field - Understanding the differences between Marketing and Sales - By John Hogan
Many people use the terminology 'marketing' and 'sales' as having the same meaning. Is there a difference between Marketing and Sales? The answer is a resounding 'YES!' Both are critical to matching your hotel's features and services to the guest who wants and needs them, but the two words do not have the same meaning. ...more

Creating Effective Survey Projects - By Jim Houran and Alan Keith
Conducting surveys is a science. Since poorly designed instruments waste organizational resources, this article teaches you the fundamentals of survey strategy. Surveys are competitive advanatges only if you can act with confidence on the data. ...more

All Marketers Are Liars - Web 2.0 Strategies For Hotel Sales And Marketing - By Carol Verret
Seth Godin gets your attention in the first part of the title of his 2005 book, 'All Marketers are Liars - The Power of Telling Authentic Stories in a Low Trust World'. While he goes on to state '... marketers aren't really liars... they're just really good at telling stories that customers want to believe'. ...more

Blend Your Training Investment - By J. Ragsdale Hendrie
The trickle of our alarm during recessionary times soon becomes a veritable rumble. Everything is at risk, as we attempt to advance revenue and cut costs. We see evidence of our wariness across the landscape: development on hold, support departments, like Marketing and Human Resources, punctured, Operating Budgets slashed, projections diminished - everything on hold, under review or just erased. One of the first areas always targeted is Training and Development monies. ...more

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Trends

Canadian Occupancy, ADR, RevPAR - Week Ending April 19, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more

Are You Dynamic Yet?
Online agencies are using dynamic packaging to increased customer loyalty & profit, if hoteliers sit back they will be squeezed out of the packaging market. ...more

Lodging Econometrics' First Quarter Report Shows the Construction Pipeline Increased to 5,807 Projects with 779,307 Rooms
Developers Remain Bullish in the Face of Changing Economic Conditions ...more

Travel Industry Launches First-of-Its-Kind Web Site to Detail the Economic Power of Travel
PowerofTravel.org Features State- and National-Level Economic Impact Data in an Easy-to-Use Format ...more

Weekly U.S. Lodging Performance for the week of Apr 13, 2008 - Apr 19, 2008
Weekly summary of Occupancy, ADR and REVPar for the United States. ...more

Monthly U.S. Lodging Performance March 2008
Monthly summary of Occupancy, ADR and REVPar for the United States. ...more

Marriott CEO Says Tourism is a 'Rising Tide' for Global Opportunity, Calls for Action to Promote Travel Freedom
Also Cites Environmental Challenge: 'We're All Guests On This Planet' ...more

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Technology

Newmarket International's Delphi(R) Selected by the Al Habtoor Group for its Metropolitan Hotel
Newmarket International, Inc., the leader in sales and catering solutions for the hospitality industry, today announced that Habtoor Hotels has selected Newmarket's Delphi(R) and MeetingBrokerSM solutions for its Metropolitan Hotel on Sheikh Zayed Road in Dubai. ...more

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Development

InterAmerican Gaming Receives License to Operate in Peru
Racino Royale, Inc. (OTCBB: RCNR), a company focused on identifying and developing opportunities in the gaming industry, announced that its wholly-owned subsidiary, InterAmerican Gaming Corp. has received licensing approval from the Peruvian Ministry of Foreign Trade and Tourism to operate a gaming enterprise in that country. ...more

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Environmental

AH&LA Green Assessment Survey Identifies Eco-Friendly Hotel Operations
Member Survey Determines Baseline for Green Initiatives and Assists in Planting Trees for Arbor Day ...more

Harrah's is First Major Gaming Corporation in the United States to Earn an Environmental Quality Award
Harrah's Entertainment Atlantic City properties recognized for their commitment to environmental sustainability and six-year effort to become more environmentally friendly ...more

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Financial

Monarch Casino Reports First Quarter Results and Increase of Stock Repurchase Program
Monarch Casino & Resort, Inc. (NASDAQ:MCRI), owner of the Atlantis Casino Resort Spa in Reno, Nevada, today announced results for the quarter ended March 31, 2008 and an increase of its stock repurchase program. ...more

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Internet

VFM Interactive Inc. Announces the Completion of $13.5 Million Financing to Support its Ongoing Expansion
Lake Capital Leads Investment in VFM Interactive Inc. ...more

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Other

Record Number of Visitors at Holland Casino, but Sales Decline
Holland Casino logged a total of 7.5 million visits in 2007. That is 7.6 percent more than in 2006 and it makes Holland Casino an extremely popular entertainment venue. ...more

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 Departments

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Development : 1 new
Environmental : 2 new
Features : 5 new
Financial : 1 new
Internet : 1 new
Other : 1 new
Technology : 1 new
Trends : 7 new

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