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Pets Offer Hotels a Solid Source of Revenue

Pets Offer Hotels a Solid Source of Revenue

For an increasing number of Americans, leaving behind their furry friends when traveling is no longer an option. The American Pet Products Association estimates that Americans will spend more than $60.5 billion on their pets in 2015. In addition, the ...

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How Michelle Russo Built HotelAVE from the Ground Up

How Michelle Russo Built HotelAVE from the Ground Up

After leaving her job as a leisure analyst at Deutsche Banc, Michelle Russo started driving around New England in her Jetta, looking for small roadside hotels she could afford to buy. During her three years on Wall Street, Russo garnered ...

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Concord Hospitality is Confident About Cambria

Concord Hospitality is Confident About Cambria

Even though Concord Hospitality’s franchising relationship with Choice Hotels is still in the early stages, Nick Kellock, chief operating officer of Concord, is confident the Cambria Hotels & Suites brand is well on its way to joining the ranks of ...

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Hotel Earnings More Robust as Transactions Increase

Hotel Earnings More Robust as Transactions Increase

The halfway point of 2015 marked further growth for the lodging industry. Hotel transaction volume increased modestly during the first half of 2015 as privately held equity funds and hotel companies continued their disposition strategies. From January to June of ...

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Hotel Budget Accuracy Benefits All

Hotel Budget Accuracy Benefits All

Since 2001, PKF Hospitality Research, a CBRE Company (PKF-HR), has assessed the accuracy of hotel budgets. Over the past 14 years, a trend has become very predictable: In times of industry prosperity, hotel budgets are consistently accurate. During the depths ...

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