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Independent Hotels See Higher ADRs And Faster Growth

Independent Hotels See Higher ADRs And Faster Growth

Independent hotel properties are continuing to show positive ADR growth compared to branded properties, according to a report based on Expedia’s Q1 2017 data. The data suggests an ongoing trend of strong performance by independent hotels—since Q1 2014, independent hotel ...

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When Management Fee Growth Threatens The Profits It Reflects

When Management Fee Growth Threatens The Profits It Reflects

The U.S. lodging industry’s recovery from the depths of the recent recession was characterized by strong growth in rooms revenue (RevPAR) concurrent with strict cost controls. This combination resulted in double-digit growth rates for profits—defined as income before deductions for ...

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A Look Ahead at 2017 Summer Travel Trends

A Look Ahead at 2017 Summer Travel Trends

The hospitality industry is gearing up for another profitable summer in 2017. From Memorial Day through Labor Day weekend, American spending is expected to surpass $98 billion, according to a new travel report from Adobe Digital Insights. However, flattening air and hotel ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Hotel Equities has named Joe Luck as regional vice president of business development. Based out of the company’s regional office in Dallas, Luck will focus on prospective owners for third party management and development opportunities. With over 20 years of ...

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PKF Predicts Growth Into 2016

PKF Predicts Growth Into 2016

According to PKF Hospitality Research LLC, the U.S. lodging industry continues the extremely healthy upward trend it began in 2Q10, with ongoing gains in all the major business measurements: lodging demand, occupancy,average daily rate (ADR), and revenue per available room ...

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