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U.S. Hotels in Profitable Portion of Recovery Cycle

U.S. Hotels in Profitable Portion of Recovery Cycle

Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in net operating income (NOI) during the year. Looking forward, the combination of rising average daily rates ...

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The New ABCs of Hotel Financing

The New ABCs of Hotel Financing

The fundamentals of hotel investing have never been better, and opportunities abound for getting deals done. The current funding landscape isn’t as crazy as the Wild West days of 2007, but a rebounding economy and rosy RevPAR optimism, coupled with ...

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HRI Lodging Names VP of Finance and Analytics

HRI Lodging Names VP of Finance and Analytics

Craig Devine has been named vice president of finance and analytics at HRI Lodging LLC (HRIL) and its affiliated joint venture company, MetWest Terra Hospitality (MWTH), announced Gary Gutierrez, president of both companies. “Craig brings a wealth of diverse experience ...

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Hotels Continue to Invest in People and Technology

Hotels Continue to Invest in People and Technology

The introduction of technology has influenced the duties of on-site hotel sales personnel over the years. The Internet, sophisticated revenue management programs, and social media provide marketing professionals with an array of new tools. Investment in technology is often justified ...

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