Las Vegas Sands Said to Plan Macau IPO Filing as Soon as August

July 18 (Bloomberg) -- Las Vegas Sands Corp. plans to file with Hong Kong regulators as soon as next month for an initial public offering of shares in its Macau casinos, said a person with knowledge of the plans.

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http://www.bloomberg.com/apps/news?pid=20601205&sid=aj_Z1kiGrYVM

Marriott | An unleveraged hotel chain | Economist Magazine

Good news in a recession: As many hoteliers struggle with their balance sheets, Marriott makes money on its franchises. Great brief clip from the Economist about how Marriott is surviving even in these tougher economic times

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http://www.hospitalitynet.org/news/154000320/4042524.html

Marriott Remains Committed to Hospitality in Jakarta and Around the World

http://www.blogs.marriott.com/default.asp?item=2401212

STR Global reports Middle East/Africa pipeline for June 2009

LONDON—The Middle East/Africa hotel development pipeline includes 463 hotels with 124,409 rooms, according to the June 2009 STR Global Construction Pipeline Report released last week.
“A few countries have really dominated the development in the Middle East after skyrocketing oil prices led to an upswing in hotel investment a few years ago,” said Duane Vinson, vice president of content management at STR. “The leader of course is the United Arab Emirates, where 169 projects comprising more than 58,000 rooms are in the total active pipeline. The other country that’s been very active is Saudi Arabia, which has 42 projects under development.”

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http://www.hotelnewsnow.com/articles.aspx?ArticleId=1550

STR reports Caribbean and Mexico pipeline for June 2009

LONDON and HENDERSONVILLE—The Caribbean/Mexico hotel development pipeline includes 134 hotels with 17,663 rooms, according to the June 2009 STR Construction Pipeline Report released last week.
Among the countries in the region, Mexico reported the largest amount of rooms in the In Construction phase (5,287), as well as in the total active pipeline (10,931). Puerto Rico followed Mexico with 1,163 rooms in the In Construction phase and 1,627 rooms in the total active pipeline.

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http://www.hotelnewsnow.com/articles.aspx?ArticleId=1549

STR Global reports the Asia/Pacific pipeline for June 2009

LONDON—The Asia/Pacific hotel development pipeline includes 969 hotels with 227,567 rooms, according to the June 2009 STR Global Construction Pipeline Report released last week.

“There is a lot of development in Asia, but there are a couple of countries that are dominating,” said Duane Vinson, vice president of content management at STR. “One is China, where 108,346 rooms are in the active pipeline, 77,832 of which are under construction. The second is India, which has 45,323 rooms in the total active pipeline.”

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http://www.hotelnewsnow.com/articles.aspx?ArticleId=1548

STR Global reports Central and South America pipeline for June 2009

LONDON and HENDERSONVILLE—The Central/South American hotel development pipeline includes 147 projects with 21,539 rooms, according to the June 2009 STR Global Construction Pipeline Report released last week.
“Brazil is certainly one of the hot markets that everyone is talking about right now,” said Duane Vinson, vice president of content management at STR. “We’re seeing a lot of development in mid to smaller markets with the emergence of the country’s middle class.”

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http://www.hotelnewsnow.com/articles.aspx?ArticleId=1547

STR reports U.S. pipeline for June 2009

HENDERSONVILLE, Tennessee—The total active U.S. hotel development pipeline includes 4,690 projects with 501,476 rooms, according to the June 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 4.1-percent decrease in the number of rooms in the total active pipeline compared to May 2009 and a 24.5-percent decrease compared to June 2008. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.

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http://www.hotelnewsnow.com/articles.aspx?ArticleId=1546

STR reports Canada pipeline for second quarter 2009

HENDERSONVILLE, Tennessee—At the end of the second quarter of the calendar year, the Canadian hotel development pipeline includes 223 projects comprising 26,172 rooms, according to the June 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 6.9-percent increase in the number of rooms in the pipeline compared to May 2009 and

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http://www.hotelnewsnow.com/Articles.aspx?ArticleId=1544&ArticleType=38&PageType=STRPressRelease