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Author Archives: Robert Mandelbaum

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Cost Controls Perpetuated U.S. Profit Growth in 2017

Cost Controls Perpetuated U.S. Profit Growth in 2017

U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017, despite another slowdown in the rate of revenue growth. According to the 2018 edition of Trends in the Hotel Industry, total operating revenue increased by 2 percent in ...

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Examining the Segments Within Extended-Stay Hotels

Examining the Segments Within Extended-Stay Hotels

When investing in hotels, two of the metrics most frequently evaluated are recent year-over-year trends in revenues and profits, as well as current performance values. Investors need to balance the current levels of a property’s occupancy, average daily rates (ADR), ...

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Overhauling Other Operated Departments in a Hotel

Overhauling Other Operated Departments in a Hotel

In lodging industry parlance, other operated departments are frequently referred to as minor operated departments. Based on recent trends in other operated department revenues and profits, these sources of income have become less consequential to both the top and bottom ...

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Shifts in Revenue and Expenses Boost Hotel F&B Profits

Shifts in Revenue and Expenses Boost Hotel F&B Profits

Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service ...

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