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When Management Fee Growth Threatens The Profits It Reflects

When Management Fee Growth Threatens The Profits It Reflects

The U.S. lodging industry’s recovery from the depths of the recent recession was characterized by strong growth in rooms revenue (RevPAR) concurrent with strict cost controls. This combination resulted in double-digit growth rates for profits—defined as income before deductions for ...

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The Enormity of Events for Boosting Occupancy

The Enormity of Events for Boosting Occupancy

Large-scale events enjoyed a banner year in 2016. A reemerging travel economy—combined with more lodging options than ever before and a bevy of events ranging from state fairs to business expos—resulted in a continually prosperous travel market. Moreover, primary markets, ...

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Paying the Intermediaries: An Analysis of Hotel Commissions

Paying the Intermediaries: An Analysis of Hotel Commissions

The increasing incidence of intermediaries selling hotel rooms and other services is a major topic of discussion among U.S. hotel owners and operators. From online travel agents to convention housing companies, third parties are placing themselves in between hotels and their ...

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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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