12/05/2008
Fitch Revises U.S. Lodging Company Outlooks to Negative (Business Wire via Yahoo! Finance)
NEW YORK----While lodging operating trends deteriorated throughout 2008, U.S. lodging credit profiles exhibited enough flexibility to maintain ratings. However, Fitch believes that lodging operating trends weakened more significantly in fourth quarter 2008 and Fitch became more pessimistic on its Negative 2009 Outlook for the lodging sector.
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12/05/2008
Fitch Revises U.S. Lodging Company Outlooks to Negative (Centre Daily Times)
While lodging operating trends deteriorated throughout 2008, U.S. lodging credit profiles exhibited enough flexibility to maintain ratings. However, Fitch believes that lodging operating trends weakened more significantly in fourth quarter 2008 (Q4'08) and Fitch became more pessimistic on its Negative 2009 Outlook for the lodging sector. As a result, Fitch has revised Rating Outlooks to Negative ...
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12/05/2008
Tourism board reduces 2009 lodging tax revenue (The Florence Times-Daily)
Continuing tough economic times have led the Florence-Lauderdale Tourism Board to reduce its 2009 lodging tax projections by 5 percent.The board voted unanimously Thursday to approve a 2009 operating budget that projects $863,400 in revenue and $684,648 in expenses.
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12/05/2008
Cancer patient lodging gets OK from Downtown design panel (Memphis Commercial Appeal)
Downtown's design review board tentatively approved a 40-suite lodging facility for out-of-town cancer patients on Union and a 120-bed nursing home on North Second.
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12/05/2008
County proposes new lodging tax (Dothan Eagle)
Houston County officials want to impose a 5 percent lodging tax on all hotels outside the Dothan city limits, with monies going toward infrastructure and tourism.
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12/04/2008
Lodging facilities better with licensing requirements (Jackson County Chronicle)
After the state of Wisconsin found 10 Jackson County lodging facilities out of compliance with licensing requirements, county health officials say at least half are now in compliance.
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12/03/2008
Ahead of the Bell: Analyst cuts lodging estimates (AP via Yahoo! Finance)
An anticipated decline in a key revenue metric for lodging companies led a JP Morgan analyst to trim some hotel and real-estate-investment trust estimates Wednesday.
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12/03/2008
East West Partners Announces New Club and Lodging Management Division (Centre Daily Times)
East West Partners Club Management (EWPCM), a division of East West Partners (EWP), a national real estate development and management company, announce a new division. East West Partners Club and Lodging Management will focus on lodging and hospitality management.
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12/04/2008
Lodging tax revenues are up; sales tax down in September, but not bad year-to-date (Journal of the San Juans)
Friday Harbor's sales tax revenue in September was $68,792 less than in September 2007, according to figures from the town treasurer's office. September's revenue of $113,538.18 — generated that month and received in November — was the second best September ever, albeit a distant second: the town received $182,330.09 in September 2007.
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12/04/2008
Commission wants lodging tax board applications by Dec. 23 (The Gillette News-Record)
Campbell County commissioners have appointed five people to serve on county boards. - Airport Board: Penny Schild to a five-year term.
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