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Red Lion Reports Franchise Gains in Q1 2017 Results

Red Lion Reports Franchise Gains in Q1 2017 Results

Red Lion Hotels Corporation (RLHC) reported in its first quarter 2017 results that the company executed 34 franchise agreements and opened 21 new franchised hotels in the first quarter of 2017, increasing its franchise segment revenues to $10.9 million, up ...

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A Look Ahead at 2017 Summer Travel Trends

A Look Ahead at 2017 Summer Travel Trends

The hospitality industry is gearing up for another profitable summer in 2017. From Memorial Day through Labor Day weekend, American spending is expected to surpass $98 billion, according to a new travel report from Adobe Digital Insights. However, flattening air and hotel ...

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Hotel Prices Skyrocket During Kentucky Derby Weekend

Hotel Prices Skyrocket During Kentucky Derby Weekend

With the Kentucky Derby just around the corner, the price of one-night in a hotel room during the weekend of the big race is 340 percent higher than the weekend before the race, according to hotel price comparison platform HotelsCombined. ...

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Select-Service Hotels Prove Efficient, Profitable

Select-Service Hotels Prove Efficient, Profitable

The definition of “select-service” within the lodging industry may vary from person to person, but there is no doubt that properties in this segment are the most popular among developers. Using the broadest definition of select-service, this category comprised an ...

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Why Independent Hotels Are Thriving

Why Independent Hotels Are Thriving

The data has spoken. In 2016, sweeping uptakes in occupancy, average daily rate (ADR), and revenue per available room (RevPAR) revealed that independent hotel properties outperformed their branded brethren. Now, we find ourselves at the point in the lodging cycle ...

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The Rising Cost of Rooms

The Rising Cost of Rooms

Changes in rooms revenue per available room (RevPAR) and RevPAR penetration receive a lot of attention from hotel managers. Obviously, this is because renting guestrooms is the major source of revenue across all property types in the United States. According ...

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