Greetings!
November 5th is Election Day - please remember to vote!
This enewsletter is our way of letting you know the
opportunities, upcoming events and other items of interest that come
across our desks each week. Know someone else in your company who
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[email protected]
Cornell News - 2002 Hospitality News: Influence Of
Gasoline-price Fluctuations On U.S. Lodging Demand: A Study Of
Branded Hotels From 1988 Through 2000 |
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Ithaca, NY - October 2002 - A 13-year analysis of the
relationship between gasoline prices and lodging demand found
that a 1-percent increase in gasoline prices results in a drop
of rooms demand of 1.74 percent. The study, which is based on
brand-name hotels in the United States, was done at The Center
for Hospitality Research.
The researchers examined monthly room-night data from 1988
through 2000 from the Smith Travel Research database. The
researchers also factored gross domestic product into their
analysis and included a trend factor as an additional control.
All room rates were adjusted to year-2000 dollars using the
consumer- price index (CPI).
Examining the effects of gasoline-price increases on
various lodging segments, the researchers determined that the
effects of rising gasoline prices fall most heavily on
midscale and economy hotels, with a lesser effect on upscale
properties. For example, a 1-percent increase in gas prices
would reduce annual economy- hotel demand by 2.89 percent.
Midscale properties with F&B would see a demand reduction
of 4.12 percent and limited-service midscale properties would
have a reduction of 2.89 percent with every 1-percent increase
in gasoline prices.
The combined effects of hotel location and market segment
clarify the effect of gasoline-price increases on hotels
operating in various segments in different locations. The
effects of gasoline-price changes are magnified in hotels
located along highways - that is, those that depend chiefly on
automobile access.
Read
more... ยป
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Using the H2B Visa Program to Fill Your Hiring
Gap |
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On Wednesday, November 13, the Massachusetts
Restaurant Association Hospitality Institute, the Cape Cod
Chamber of Commerce, the Lower Cape Cod Community Development
Corp. and Merson & Lee, PC, will hold a seminar on
using the H2B Visa program to help meet your labor needs. In
light of the events that took place on September 11, 2001,
there will be many questions about the use of this program and
what changes, if any, may take place. This program will help
answer your questions about H2B Visas and hiring from foreign
labor sources.
Speakers
- Matthew Lee, Atty / Merson & Lee, PC
- Alice Sweeney / Mass. Dept. of Emp. & Training
- Anita Maietta / Mass. Atty General's Office
- John Tocci, Atty / Mintz & Levin
- Ray Lopez / US Dept. of Labor
- Richard Dailey / US Dept. of Labor
Time & Locations:
The program will be held twice at separate locations on
Wednesday, November 13th:
9:30 - 11:30 AM Eastham United Methodist Church, Rte
6, Eastham: after the Eastham Rotary, go through 2 lights, the
second light is for the National Seashore. The church is on
the right just past this light.
2:00 - 4:00 PM Barnstable High School, Knight
Auditorium, 744 West Main St., Hyannis: From Rte 6, take Exit
5 Centerville. When you come off the ramp, go straight across
the street, take the first right on to Old Stage Road and
follow to end. Take a left on to Race Lane. Keep left. At the
lights, take a left on to Rte 28. Bear right at the fork to
West Main St. Barnstable High School is 1/2 mile down on the
left. If traveling from the East: go through Hyannis West
Rotary on to West Main St. and follow to school on the right.
Registration:
Registration is free. To reserve a seat at either program,
please contact: Jessica Tinti, Cape Cod Chamber of Commerce,
307 Main St., Suite 2, Hyannis, MA 02601, Tel: 508.862.0700
X516, Fax: 508.790.1889.
Special thanks to Barnstable Public Schools for donating
the space for this program. |
Welcome New October's Members! |
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Member to Member / New Member Event
Where: Heritage Museums & Gardens
When: November 7th at 5:30 to 7:00
Sponsor: Yankee Magazine
Entertainment: The Java Swing Band
Complimentary Beer & Wine
Come and meet our new members. This will be a fantastic
networking opportunity
Please R.S.V.P. to Jessica (508) 862-0700 ext.516 or
[email protected]
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Diners (and closet restaurant critics) have until
Sunday, November 3rd, to plug local restaurants! |
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We're balloting for the Zagat Boston, Cape Cod and the
Islands restaurant survey. We'd like to include you among the
knowledgeable reviewers whose pithy, witty and descriptive
comments make Zagat Survey guides an indispensable resource
for consumers around the world. Complete our online survey by
the November 3, 2002 deadline and you'll receive a FREE copy
of the resulting guide as soon as it's published.
To start voting, simply click on the link below, where you
can register for free (if you have not done so already) and
begin the survey. (You can also copy the link into a browser
window.)
It's also possible to pause and return later to cast more
votes. Simply use the above link to re-enter your online
ballot and resume voting where you left off.
Thank you for taking the time to share your opinions with
us and please feel free to pass this link along to anyone you
think would be interested.
Take
the survey! |
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Upcoming Cape Cod Chamber Events: Workshops, Networking
Opportunities & more
Keeping
what's yours until the bitter end: A sensible approach to
financial strategies: November 6
Member
to Member Networking & New Member Reception: November
7
Working
with the H2B Visa (Eastham): November 13
Working
with the H2B Visa (Hyannis): November 13
Bed
& Breakfast Committee Fall Event: Interactive Destination
Marketing Workshop
Information
Session on the Commonwealth Corporation's Entrepreneurial
Training Program |
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