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Grounds for Optimism: Lodging Conference 2014 Recap

Grounds for Optimism: Lodging Conference 2014 Recap

With hotels performing at near-peak levels across the country and projections showing this should continue for years, speakers at the Lodging Conference last week had a hard time containing their rational exuberance. During one of the opening sessions, Mark Woodworth, ...

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Here’s What’s Driving Growth at Choice Hotels

Here’s What’s Driving Growth at Choice Hotels

Like so many other hotel companies, Choice Hotels is having a great year, with several initiatives driving the company’s ongoing transformation. In last week’s earnings call Choice Choice reported a system-wide RevPAR increase of 8.8 percent for the third quarter ...

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All-Inclusive Industry is an Attractive Investment Option

All-Inclusive Industry is an Attractive Investment Option

The all-inclusive industry continues to grow, making it an attractive investment option for U.S.-based owners. As more travelers seek convenience and added value, all-inclusive resorts have been attracting approximately 12 to 12.5 million Americans per year, says Alex Zozaya, CEO ...

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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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