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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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Hilton Garden Inn Debuts Seven New Hotels Nationwide

Hilton Garden Inn Debuts Seven New Hotels Nationwide

MCLEAN, Va.—From America’s largest city to the desert Southwest, Hilton Garden Inn debuted a variety of new lodging options around the country just in time for the busy holiday travel season. In 2016, 150 million Americans traveled over the Thanksgiving ...

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Tips and Tricks for PIPs

Tips and Tricks for PIPs

Experts weigh in on what hoteliers should keep in mind when deciding whether to go through with a PIP. Below are three pieces of advice for hoteliers considering PIPs for their properties. 1. Proper planning is imperative. “You can’t rush ...

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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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