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New Initiatives Come Out of Another Taxing Year

New Initiatives Come Out of Another Taxing Year

As we enter 2016, we look back to 2015 as a year filled with a whirlwind of activity related to tangible property capitalization policies in the hospitality industry. Financial executives and tax accountants alike wrestled with unfamiliar terms such as ...

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The Developing Story: Brooklyn

The Developing Story: Brooklyn

Over the past decade, Brooklyn has gone from playing second fiddle to its shinier, busier neighbor Manhattan to becoming a star of New York City in its own right. With residential, retail, lodging, and entertainment space in a state of ...

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Healthy Outlook for Hotel Spas

Healthy Outlook for Hotel Spas

Coming out of the great recession, U.S. hotel operators struggled to earn revenue from sources other than guestroom rentals. However, in 2014, the industry began to see guests spend their money in other areas of the hotel. According to the ...

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Strong Showing in 2015 for Upper-Upscale Segment

Strong Showing in 2015 for Upper-Upscale Segment

Often offering large meeting spaces and located in desirable downtown locations, full-service, upper-upscale hotel properties had a landmark 2015. Last year, this segment of the industry showed high occupancy, had a spike in average daily rate (ADR), and drove revenue ...

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FITCH: U.S. Lodging Cycle Entering the ‘Twilight Zone’

FITCH: U.S. Lodging Cycle Entering the ‘Twilight Zone’

Sixty-four months into this recovery as of December 2015, the U.S. lodging cycle entered a twilight zone—an intermediate, unsettled, and often confounding area that straddles the end of expansion and the beginning of contraction. Here, healthy economic trends and hospitality ...

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Fitch: 2016 Global Hotel Outlook Stable

Fitch: 2016 Global Hotel Outlook Stable

NEW YORK—The 2016 outlook for the global hotel industry is stable as favorable travel trends and stable financial policies should allow most issuers to operate within Fitch’s rating sensitivities, according to Fitch Ratings. Fitch expects global RevPAR growth will modestly ...

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