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Rising Expenses Cut into Hotel Profitability

Rising Expenses Cut into Hotel Profitability

There are a lot of “double-edged sword” issues on the minds of hotel operators these days. Hotel occupancy has reached record levels, which is attracting the attention of developers and therefore the threat of new competition. Inflation and interest rates ...

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Economy Chains Face Lack of Demand

Economy Chains Face Lack of Demand

In the rapidly expanding room pipeline of the U.S. hotel industry, one segment seems to have fallen out of favor with developers. In June 2016, STR counted 166,000 rooms under construction. However, only 1,000 of these rooms were in the ...

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Slow Growth Challenges U.S. Hotel Margins

Slow Growth Challenges U.S. Hotel Margins

NEW YORK—Hotel RevPAR will turn negative in the second half of 2017 as weak corporate and decelerating group demand challenge asset owners looking to offset expense growth, Fitch Ratings says. While lodging companies have cited relative leisure strength as an ...

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RLHC to Add Hotels in North Carolina and Georgia

RLHC to Add Hotels in North Carolina and Georgia

SPOKANE, Wash.—RLHC (Red Lion Hotels Corporation) announced today that the company has entered into franchise license agreements to open a Red Lion Inn & Suites in Fayetteville, N.C. and a GuestHouse Hotel in Warner Robins, Ga. The properties are expected ...

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KSL Affiliate to Acquire Outrigger

KSL Affiliate to Acquire Outrigger

WAIKIKI, HONOLULU, HAWAII—Outrigger Hotels and Resorts (Outrigger) and KSL Capital Partners, LLC (KSL) announced today that affiliates of the companies have signed a purchase and sale agreement for an affiliate of KSL to acquire Outrigger. The transaction includes all 37 ...

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AETHOS Consulting Evaluates Hospitality CEO Performance

AETHOS Consulting Evaluates Hospitality CEO Performance

NEW YORK—Using a proprietary pay-for-performance model, hospitality advisory firm AETHOS Consulting Group has just released its 2016 report evaluating the performance of top CEOs (from the previous year) in the hospitality, travel and entertainment industries. And the results are in: ...

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