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Navigating the Realities of the New Financial Landscape

Navigating the Realities of the New Financial Landscape

The past few years have seen some of the strongest growth ever for the hotel industry. New properties, new brands, massive renovations, mergers, acquisitions—money has been flying. But good times can’t last forever, and lenders are starting to prepare for ...

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Five Keys To Conducting A Procurement Audit

Five Keys To Conducting A Procurement Audit

Hotel owners and managers may be missing a cost savings opportunity by not taking a closer look at the supplies they are selecting for their properties—such as cleaning supplies, paper goods, soaps, and other items. However, rather than looking for ...

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August 2017 GOPPAR Levels Hit a 2017 Low

August 2017 GOPPAR Levels Hit a 2017 Low

Despite recording a 0.6 percent increase in RevPAR, GOPPAR at U.S. hotels fell to a year-to-date low of $71.01 in August 2017 as demand levels slowed during the summer, according to the latest worldwide poll of full-service hotels from HotStats. ...

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Independently Minded: The Power of Soft Brands

Independently Minded: The Power of Soft Brands

So far in 2017, two major hotel chains have announced the addition of a new soft brand to their brand portfolios. In January, Hilton’s Tapestry Collection joined the chain’s Curio Collection, and in June, Wyndham announced the launch of the ...

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