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Management Contracts

Management Contracts

While new hotel owners can leverage the skills they developed from a different business arena, operating a hotel without previous experience is no easy task. As such, many first-timers opt to partner with management companies to help guide them through ...

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Rising Real Estate Taxes

Rising Real Estate Taxes

It’s inevitable. Hotel real estate taxes will be going up because values are increasing. That means you need to figure out how much your property’s growing value might be hampered by increasing property taxes. A tax consultant who knows hotel ...

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Disney’s MagicBand

Disney’s MagicBand

When it comes to delivering successful guest experiences to families, it’s hard to ignore the giant mouse in the room. Disney often sets the bar for the entire family leisure entertainment segment, and in 2014, it actually raised it with ...

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Letter of Intent

Letter of Intent

While not a legally binding document, a letter of intent lays out the basic requirements of a real estate transaction in clear, concise language. These documents tend to include a proposed time frame, purchase price, inspection requirements, and delivery time ...

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Bottle-Necks

Bottle-Necks

When Wi-Fi connections slow down during peak traffic hours, Kirk Hylan of San Francisco-based INsite Networks says the best way to address these kinds of bottlenecks depends on whether you’re dealing with business- or consumer-level bandwidth for your property. “If ...

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Pets Welcome

Pets Welcome

According to Time magazine, Americans are on track to spend about $60 billion on their pets in 2015, a number that has doubled from just 20 years ago. This helps explain why hotels that encourage four-legged visitors consistently score off ...

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