In the March Edition of Hotel Horizons, PKF Hospitality Research forecasted a 10.5 percent growth in revenue per available room in 2012, which represents the first double-digit RevPAR increase since the early 1980s.
The board of directors for the American Society of Association Executives & The Center for Association Leadership has approved a name change to simply ASAE with the tag line, The Center for Association Leadership.
The San Diego convention center corp. has secured an adjacent six acres for a major expansion of the facility. The addition, to open in 2015 at a cost of $752.7 million, will add 200,000 square feet of exhibit space, 100,000 square feet of meeting rooms and 80,000 square feet of ballroom space.
Now Open in L.A. are the 123-room Ritz-Carlton, Los Angeles, and the 878-room JW Marriott Los Angeles. Both are part of the new $2.5 billion downtown sports, entertainment and hotel district known as L.A. Live.