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Happy Employees Make for Happy Guests

In hospitality, a healthy workplace culture fosters an environment where staff members can learn, grow, and take pride in their work. Research shows that a healthy work culture is essential in the hotel industry; to put it simply, happy employees ...

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Price Influencers in Hotel Real Estate

New research in the Journal of Real Estate Finance & Economics looked at 5,000 U.S. hotel transactions to see how certain factors, like relative height and media coverage, impact a property’s value. Among other findings, the study showed that upper ...

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The Last-Minute Cancellation Problem

In urban hotspots like New York City, where occupancy is sky-high and rooms are limited, more hotels are taking steps to prevent last-minute cancellations through increased fees and smaller cancellation windows. Hilton is the latest to announce a minimum penalty-free ...

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Modest Growth Expected for U.S. Hotels

As travel demand remains high, outlook for the nation’s hotels is looking better for the remainder of 2017, according to Zacks Equity Research. Consumer confidence and increased spending is bolstering hotels’ bottom lines, and business travel is expected to improve ...

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Despite Slowdown, Hotel Industry Remains Optimistic

After achieving record performance metrics in 2016, the lodging industry has begun to show signs of deceleration. According to experts, however, anticipated pro-business policies from the current presidential administration will be positive for the hotel sector. Read more about 2017 ...

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