Home / Featured (page 27)

Category Archives: Featured

Feed Subscription

Hoteliers Continue to be Sharp with Budgeting Accuracy

Hoteliers Continue to be Sharp with Budgeting Accuracy

It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive year, management’s projections of revenues, expenses, and profits contained in their budgets have been extremely accurate. ...

Read More »

La Quinta Remains Agile While Focusing on Growth

La Quinta Remains Agile While Focusing on Growth

Going public in April is just another milestone in La Quinta’s steady transformation from regional player to national brand. In La Quinta’s first earnings call since the IPO, the company reported a profit of $17.5 million and raised its full-year ...

Read More »

Shashi Group Shares Advice for First-Time Franchisees

Shashi Group Shares Advice for First-Time Franchisees

Shashi Group’s technology-savvy founders, Dipesh Gupta and Manish Gupta, recognized early on the significant hotel supply-and-demand gap in Silicon Valley, says Narayanan Karu, vice president of finance and asset management. Top Fortune 500 technology companies, including Apple, Google, Facebook, and ...

Read More »

Lodging Industry Attracts New Blood, Fresh Ideas

Lodging Industry Attracts New Blood, Fresh Ideas

Developer Tim O’Reilly may not have grown up in the lodging industry, but his family knows a thing or two about delivering good old-fashioned hospitality and first-rate customer service. In 1957, his great-grandfather and grandfather founded O’Reilly Automotive, which started ...

Read More »

Average Selling Price Per Room on the Rise

Average Selling Price Per Room on the Rise

The competition for properties in certain markets is heating up among buyers, as REITs and private equity groups with similar strategic objectives compete for large, high-end hotels in the central business districts of major cities—key areas that have experienced a ...

Read More »
Scroll To Top