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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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AHLA Stands Up for Brand USA

AHLA Stands Up for Brand USA

Since the Trump Administration first released their 2018 budget proposal, the U.S. travel industry has balked at the Administration’s intention to eliminate funding for Brand USA, a public/private organization dedicated to marketing the United States as a premier travel destination. ...

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Hoteliers Continue to be Sharp with Budgeting Accuracy

Hoteliers Continue to be Sharp with Budgeting Accuracy

It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive year, management’s projections of revenues, expenses, and profits contained in their budgets have been extremely accurate. ...

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Hotel Industry Urges Congress to Pass Budget Deal

Hotel Industry Urges Congress to Pass Budget Deal

A bipartisan deal was announced on Dec. 10 that would set spending levels for the federal government for two years and partially replace unpopular spending cuts of the sequester with other savings. The negotiations were led by House Budget Chairman ...

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Right On Schedule

In the fall of 2010, when U.S. hotel managers were preparing 2011 budgets, most industry participants were pleasantly surprised at the strong pace of the recovery in lodging demand. By year-end 2010, the occupancy level for U.S. hotels increased by ...

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