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Gaining Traction

The continued demand and rate increases in the U.S. lodging industry are a good sign for a continued recovery, and we expect the next 24 months to continue to show increases in revenue per available room. While all chain-scale segments ...

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Colorado Springs Goes Boutique

Colorado Springs, which sits approximately one hour south of Denver, has plenty to offer visitors seeking out natural wonders, cultural activities, and mouthwatering cuisine. But, up until this year, the city lacked a boutique hotel destination designed to capture the ...

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REITs and the Recovery

Last May, Tom Baltimore, president and CEO of RLJ Lodging Trust, and his management team were engrossed in some strategic thinking. Part of the diverse business portfolio of The RLJ Companies, founded by Robert L. Johnson, who is probably best ...

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Ritz-Carlton Opens Its First Resort In Japan

Ritz-Carlton Opens Its First Resort In Japan

The Ritz-Carlton Hotel Company L.L.C. has opened its first luxury resort in Japan on the island of Okinawa. The 97 guestrooms and two suites of the Ritz-Carlton, Okinawa have balconies or terraces that overlook the East China Sea and the ...

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The Cost of Guest Loyalty

Brand loyalty programs appear to be driving an increasing number of guests to U.S. hotels. However, this increased volume of room nights comes with an increased cost. To gain an understanding of the costs associated with guest loyalty programs, PKF ...

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Sluggish Construction

The lack of available financing and continued economic uncertainty remained major obstacles to construction pipeline growth through the third quarter of 2011. Project migration up the pipeline toward construction was sluggish in the quarter, resulting in extended timelines as developers ...

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