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Shifts in Revenue and Expenses Boost Hotel F&B Profits

Shifts in Revenue and Expenses Boost Hotel F&B Profits

Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service ...

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Miami Proves Resilient During a Year of Headwinds

Miami Proves Resilient During a Year of Headwinds

Overnight visitors to the Greater Miami area spent a record-breaking $26 billion while traveling in the destination from September 2016 to August 2017—a 2 percent increase over the same time period of the previous year. That’s according to research released ...

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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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Analysis: Are Franchise Fees Worth the Cost?

Analysis: Are Franchise Fees Worth the Cost?

In the current market environment’s modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses. Per the June 2017 edition of Hotel Horizons, RevPAR growth in the United States is forecast to remain under ...

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