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Traveling Sports Teams Prove Lucrative for Hotels

Traveling Sports Teams Prove Lucrative for Hotels

Working in hospitality requires being a team player. Even more so when hoteliers consider the value in courting a very specific demographic: Traveling sports teams. Programs aimed at attracting athletes and coaches of all levels allow brands to provide a ...

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Financing a Bed and Breakfast Through Unorthodox Means

Financing a Bed and Breakfast Through Unorthodox Means

One of the most challenging pieces of starting a new hospitality venture is finding funding and developing a financing system that works in tandem with that project’s vision—and all funding begins with finding the right platform to serve as the ...

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Lee Weeks Strikes Balance Between Sports and Resorts

Lee Weeks Strikes Balance Between Sports and Resorts

Tennis, surfing, swimming, golf—name a sport and Lee Weeks has probably done it. Throughout his college years, Weeks could be found lifeguarding and teaching swim lessons at local clubs. His love of sports led him to pursue a degree in ...

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Hotel Industry Likely to See Belt Tightening in 2017

Hotel Industry Likely to See Belt Tightening in 2017

Scott Silver, CEO of boutique financial advisory firm Hospitality Funding, says that while the lodging industry is currently enjoying high overall performance, tapering RevPAR growth has made lenders a little less eager to take on new projects. In preparation for ...

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Examining the Strength of the Top 25 Hotel Markets

Examining the Strength of the Top 25 Hotel Markets

As the U.S. hotel industry continues its RevPAR growth cycle, some signs of a growth slowdown are apparent. The increase in new rooms in the United States is rapidly matching with the growth in U.S. rooms demand, leading to occupancy ...

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Kimpton’s Hotel Monaco Portland Carves Out Quiet Space

Kimpton’s Hotel Monaco Portland Carves Out Quiet Space

Travel is often associated with the hustle and bustle of catching the right train or finding a rental car. Travelers often spend hours on crowded transportation and carrying their luggage through unfamiliar cities, with technology bombarding them all along the ...

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