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Extended-Stay Segment Remains Strong, Despite New Supply

Extended-Stay Segment Remains Strong, Despite New Supply

Conversations in the hospitality industry in 2017 revolved around the impact of new supply and slowing average daily rate (ADR) growth. The extended-stay segment has not been spared from new supply, but it has continued to post strong performance results. ...

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Overhauling Other Operated Departments in a Hotel

Overhauling Other Operated Departments in a Hotel

In lodging industry parlance, other operated departments are frequently referred to as minor operated departments. Based on recent trends in other operated department revenues and profits, these sources of income have become less consequential to both the top and bottom ...

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