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Author Archives: Robert Mandelbaum

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More Properties Able to Cover Their Interest Payments

More Properties Able to Cover Their Interest Payments

Much has been written about how U.S. hotel owners and operators are profiting from the current strong lodging market conditions. Revenues have returned to pre-recession levels and are expected to experience real growth through 2017. On the bottom line, net ...

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Examining Hotel Labor Costs

Examining Hotel Labor Costs

As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent of total hotel revenue. In 2013, labor costs represented 32.3 percent of total revenue, down from ...

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