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Where and When Is Modular Construction Applicable?

Where and When Is Modular Construction Applicable?

The acceptance of “modular construction” is evolving. USA Today announced in June that Marriott has made the decision to strongly support franchisees’ use of modular construction in the development of appropriate brands. While largely recognized in Europe, modular construction has been ...

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U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

Durham, NH—Business activity for U.S. hoteliers held steady at the previous month reading of 118.8 in September, according to e-forcasting.com’s Hotel Industry’s Pulse (HIP) indicator—a predictive analytic which gauges monthly overall business conditions for hotels. The HIP stalled, posting a ...

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What To Consider Before Signing a Franchise Agreement

What To Consider Before Signing a Franchise Agreement

Jim Butler, Chairman, Global Hospitality Group, Jeffer Mangels Butler & Mitchell LLP (JMBM) in Los Angeles, says would-be franchisees should not be too quick to sign on the dotted line. Even before they contact an experienced hospitality lawyer like him, ...

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Hoteliers Overestimated 2016 Performance

Hoteliers Overestimated 2016 Performance

From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth. Over the six-year period, total operating revenue increased at a compound annual growth rate (CAGR) of 5.8 percent, while gross operating profits grew at a CAGR ...

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