joshua dinnerman jddmedia

Hotel View By Joshua Dinnerman Brings Changing Atmosphere Of The Industry!

Wednesday, February 4th, 2009 | HOTELS | No Comments

Joshua David Dinnerman, founder and owner of JDD Media, presents HotelView - a niche media brand for the hotel industry and travelers. Josh Dinnerman, the man behind this enterprise, visualizes it as a one-stop-shop for information on travel & tourism and hotel industry at large. According to Joshua Dinnerman, HotelView portrays the in-depth story of the hotel industry. HotelView of JDD MEDIA focuses on branding, educating those allied to the industry and providing end-to-end information of the hotel located in cities like Paris, Tokyo, Milan, New York and other tourist destination.

JDD Media has put together features in HotelView in a way that it gives the overall picture of the industry through exclusive content and lucid images that support reviews, developments, promotional campaigns and future projections of the industry. JDD Media’s HotelView keeps pace with the upbeat hospitality industry and thus includes the latest developments of the industry, in global perspective. As per Josh Dinnerman of JDD Media, HotelView keeps an eye on the changing atmosphere of the Industry and comes up with honest reviews and updates.

Despite economic downturn, 2009 brings unique business opportunities for meeting and event industry

Thursday, January 15th, 2009 | HOTELS | 1 Comment

In partnership with American Express, Meeting Professionals International (MPI) released the initial executive summary of FutureWatch 2009 on www.mpiweb.org. A forward-looking survey of its worldwide membership, FutureWatch focuses on the trends which will affect the meeting and event industry in the next twelve months. This year’s survey had record participation with over 2,700 participants. Full survey results will be available at a presentation during MPI’s 2009 MeetDifferent® conference in Atlanta, Feb. 7-10.

According to this year’s results, the meeting industry will sharpen its focus and streamline its activities, when faced with a tough global market. The economic effect on the industry is not quite as severe as first anticipated. Meeting attendance, per meeting, is expected to increase by 3% in EMEA (Europe, Middle East, and Africa) and 9% in Canada, but decline by 5% in the United States.

“After three strong years, the global meeting and event industry is coming to grips with a major paradigm shift and the FutureWatch data reveals how acute the expectations are for change,” said Bruce MacMillan, president and CEO of MPI. “Through initiatives like our Global Knowledge Plan, our objective is not only to ensure our members survive the shift, but also to find ways to thrive as the industry retrenches in an ebbing economic cycle.”

Hotel View By Joshua Dinnerman Focuses on Indepth Market Analysis!

Wednesday, January 7th, 2009 | HOTELS | No Comments

JDD Media, the publishing house of HotelView, employs in-depth market analysis, focusing on the developments, changes and projected changes, thus making it refreshingly different. HotelView, by Joshua David Dinnerman, ethos is to keep its readers abreast of the changes in hotel industry and provide vital information needed to meet the challenges ahead. Joshua David Dinnerman aspires to educate and inform the travelers, about the new openings, restaurants, location, exotic resorts, heritage hotel along with their honest reviews, atmosphere, facilities to all those who are allied with the hotel and travel & tourism industry through HotelView.

Joshua Dinnerman has publications encompassing varied sectors and industries like sports, art, health, fusion, travel, IT, pharma, films and more. The JDD Media group further endeavors to diversify its publications and bring to the readers heavy information and undiscovered stories from all parts of the world. Josh Dinnerman visualizes to drive a media group that brings journalism to a new level that effectively caters to the demands of ever-demanding international readers.

Joshua Dinnerman’s Exotic View Of Hotels

Tuesday, December 30th, 2008 | HOTELS | No Comments

JDD Media, the publishing house of HotelView, employs in-depth market analysis, focusing on the developments, changes and projected changes, thus making it refreshingly different. HotelView, by Joshua David Dinnerman, ethos is to keep its readers abreast of the changes in hotel industry and provide vital information needed to meet the challenges ahead. Joshua David Dinnerman aspires to educate and inform the travelers, about the new openings, restaurants, location, exotic resorts, heritage hotel along with their honest reviews, atmosphere, facilities to all those who are allied with the hotel and travel & tourism industry through HotelView.

JDD Media is not a new name for readers of all ages and interests. With over 35 niche publications and global reach, the Joshua David Dinnerman promoted media group has always brought the most comprehensive coverage from various industries and sectors for connoisseurs, beginners and layman. Josh Dinnerman, based in Hawaii Islands, caters to all sections of the society and believes in building a brand that does not only educates but also involves readers.

Keep Abreast With The Changes In Hotel Industry By JDD Media

Monday, December 15th, 2008 | HOTELS | 3 Comments

HotelView, a media brand from the house of JDD Media, is an educative vehicle for the hotel and travel industry executives. HotelView, owned by niche publisher Joshua David Dinnerman, is an interactive publication that caters to the need of the niche market of hospitality industry. HotelView of JDD media continues to be a publication that has something for everyone related to the hotel industry. HotelView of JDD Media, an integrated media company, serves globally through its publications featuring events, buyer’s guides, market reports, data products and marketing services.

JDD Media, the publishing house of HotelView, employs in-depth market analysis, focusing on the developments, changes and projected changes, thus making it refreshingly different. HotelView, by Joshua David Dinnerman, ethos is to keep its readers abreast of the changes in hotel industry and provide vital information needed to meet the challenges ahead. Joshua David Dinnerman aspires to educate and inform the travelers, about the new openings, restaurants, location, exotic resorts, heritage hotel along with their honest reviews, atmosphere, facilities to all those who are allied with the hotel and travel & tourism industry through HotelView.

The ability to cater to the needs of the readers with its in-depth articles, reports and news related with hotel industry has resulted in HotelView’s, pioneered by Joshua David Dinnerman, global circulation and enthusiastic response across the globe. The popularity of HotelView of jdd media can be imagined with this fact that it has become an indispensable publication for owners, managers & senior decision makers throughout the hotel industry sector.

STR reports U.S. hotel performance for the week ending 29 November 2008

Saturday, December 6th, 2008 | HOTELS | 4 Comments

The U.S. hotel industry posted large year-over-year drop-offs in each of the three key performance measurements during the week of 23-29 November, according to data from STR(Smith Travel Research).

The year-over-year decreases are in large part because of the date of Thanksgiving, which fell on 22 November 2007. This year, the holiday fell on 27 November, and historically, the Thanksgiving week is a slow week for the U.S. hotel industry.

In year-over-year measurements, the industry’s occupancy fell 22.6 percent to 41.5 percent (53.6 percent in 2007). Average daily rate dropped 12.2 percent to finish the week at US$90.84 (US$103.51 in 2007). Revenue per available room for the week decreased 32.0 percent to end the week at US$37.70 (US$55.48 in 2007).
‘The numbers certainly aren’t the greatest, but they aren’t as bad as they may look,’ said Mark Lomanno, president of STR. ‘Beyond the typical decline of the Thanksgiving holiday, the figures are in line with the downward trend the industry has been experiencing, especially when you consider the 28-day moving average.

‘The last two weeks have been a bit of a roller coaster ride because the date of Thanksgiving shifted,’ Lomanno added. ‘However, the industry appears to have settled into a pattern of declining year-over-year comparisons-a trend we expect to continue through at least the first quarter of 2009.’

Each of the six location segments experienced significant year-over-year drops for the week ending 29 November. Led by a 35.7-percent decline in occupancy at Airport locations, each segment experienced double-digit declines in occupancy rates: Urban (-32.4 percent), Suburban (-24.8 percent), Interstate (-11.9 percent), Resort (-12.9 percent), and Small Metro/Town (-13.9 percent). Hotels in the Interstate segment and the Small Metro/Town segments achieved gains in ADR of 1.3 percent and 2.3 percent, respectively. The other location segments weren’t as successful in ADR: Urban (-18.6 percent), Suburban (-13.0 percent), Airport (-21.3 percent), and Resort (-2.7 percent). All six location segments experienced drop-offs in RevPAR: Urban (-45.0 percent), Suburban (-34.6 percent), Airport (-49.4 percent), Interstate (-10.8 percent), Resort (-15.2 percent), and Small Metro/Town (-11.9 percent).

About STR & STR Global
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London.

Hotel Chain Latest Victim Of Cyberthieves

Monday, December 1st, 2008 | HOTELS | 6 Comments

The Best Western hotel chain has reportedly suffered what is being claimed as the world’s largest cybercrime, the identity theft of eight million customers.

A Scottish newspaper, the Sunday Herald, reported late last week that hackers placed a trojan on the hotel chain’s European reservation system, capturing a clerk’s password to gain entry to the group’s online booking system.

The intruders then reportedly sold details of how to gain access to the system to a Russian gang. The attack was noticed when the Best Western database, which included guests’ names and credit card numbers, was offered for sale on an underground forum.

Responding to the newspaper report, Best Western issued a statement admitting there had been a breach, but claimed that on Friday, it closed the entry point in its system that allowed access to the hackers. The company also refuted claims that its data had been compromised. It also sought to reassure its customers that it is taking appropriate action.

The chain, which has more than 4,200 hotels in 80 countries, responded that the charges in the newspaper report were “grossly unsubstantiated…We have found no evidence to support the sensational claims ultimately made by the reporter and newspaper.”

It also stated that it complies with Payment Card Industry (PCI) Data Security Standard (DSS), and that to maintain that compliance, it uses a “secure network protected by firewalls and governed by a strong information security policy.”

The chain added that it only collects credit card details when processing a reservation and then encrypts that information, deleting it when the guest departs. Also, the company restricts access to that data to only those people who require it.

However, despite these appropriate information security strategies, experts point out that there are ways a hacker may have gained entry to the company’s network, most likely via a traffic-sniffing trojan.

Ed Moyle, manager at CTG, which provides IT solutions to Global 2000 clients, said Best Western may be correct in its assessment of the breach’s extent. But the news is already out and the company’s reputation could be harmed, he said.

“It’s an unfortunate outcome for what appears to be a smaller-than-reported data loss,” he said. “In an ideal world, companies ought to be looking at how they can prevent this sort of thing with the ultimate goal of not having to put out a retraction.”

Moyle said there appears to be nothing more Best Western could have done to prevent the compromise.

“Yes, they were in compliance with [PCI], it’s a useful bar to meet, but that doesn’t guarantee loss prevention,” he said. “There are always going to be breaches.”

‘Speed bumps’ In The Road To Bankruptcy For Hotels And Resorts.

Tuesday, November 25th, 2008 | HOTELS | 4 Comments

Hospitality Lawyer: Turnarounds, workouts, receiverships, bankruptcies and deeds in lieu for troubled and defaulted hotel mortgage loans. As we all fasten our seat belts for a rough ride in the Global Financial Crisis, commercial real estate has begun to feel the pain. Hotels will share the fate of the economy, commercial real estate, the airlines and consumer confidence. It does not look pretty.

Some say that after Labor Day 2008, “the hospitality industry fell off a cliff” with gross revenue declines reaching 20% or even 30% in some markets.

The implications of this kind of change are bad for the hotel industry and hotel lenders as the liquidity crisis, rising cap rates, and tighter underwriting standards have made refinancing difficult or impossible. Maturity defaults were already threatening with billions of debt coming due in 2009, 2010 and 2011, but travel cutbacks and a deepening global recession foreshadow increased loan payment defaults on hotel loan mortgages as well.

In fact, the phones have really started ringing in bankruptcy department for JMBM’s Global Hospitality Group® lawyers as creditors seek assistance in collecting or enforcing their debt, and borrowers urgently explore their options.

Hotel loans are more complex and challenging

Making hotel mortgage loans and dealing with troubled hotel loans is always more complex than with other real estate assets.

A lot has changed since the mid 1990s when there was an estimated wave of some 2,000 hotel bankruptcy filings. The veteran hotel lawyers in JMBM’s Global Hospitality Group® represented many major lenders, the FDIC and RTC, and also a number of noteworthy borrowers in cleaning up that mess.

The Bankruptcy Reform Act of 1994 adopted several substantial changes, including a “fix” to the vexatious “rents vs. accounts” issue that plagued hotel lenders through the mid 1990s. Another of these changes related to what constitutes a “single asset” bankruptcy entitling the secured creditor to expedited relief from the bankruptcy stay. While a single hotel in a special purpose entity might intuitively seem to be a single asset entity, there appear to be two views on this subject, perhaps depending on the facts, or perhaps depending upon the jurisdiction considering the issue.

Hotel Industry News Has Never Been So Engrossing!

Tuesday, November 18th, 2008 | HOTELS | 5 Comments

JDD Media, publishing house of HotelView, employs in-depth market analysis, focusing on the developments, changes and projected changes, thus making it refreshingly different. HotelView, by Joshua David Dinnerman, ethos is to keep its readers abreast of the changes in hotel industry and provide vital information needed to meet the challenges ahead. Joshua David Dinnerman aspires to educate and inform the travelers, about the new openings, restaurants, location, exotic resorts, heritage hotel along with their honest reviews, atmosphere, facilities to all those who are allied with the hotel and travel & tourism industry through HotelView.

Business Travel To Drop By 2.7% In 09

Tuesday, November 4th, 2008 | HOTELS | 4 Comments