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Financial News ~ November 2010
HENDERSONVILLE, TN—The Canadian hotel industry reported mostly positive results in the three key performance metrics for the week of 10-16 October 2010, according to data from STR.
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Saving the world, one hotel at a time
Renewable energy has come of age. From alternative, fringe status just a few years ago to supplying the majority of some hotels’ energy needs today, renewable energy is just one example of the giant leaps being made by hotels in adopting environmentally-friendly options.
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What’s the cost of a LEED Silver hotel?
Brian Chamberlain, CEO of Chamberlain Architects—which has offices in Oakville, ON, Phoenix, AZ and Shanghai, China—recently asked his team if they, as a responsible architectural firm, could design every project to meet Leadership in Energy and Environmental Design (LEED) standards, with a minimal impact on their clients’ budgets.
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Pent-up demand bodes well for resorts
ORLANDO, FL—Nearly seven in ten leisure travellers who are familiar with the concept of shared ownership seek vacation experiences that offer alternative accommodations, such as vacation homes, condominiums, and condo-resorts.
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