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Shifts in Revenue and Expenses Boost Hotel F&B Profits

Shifts in Revenue and Expenses Boost Hotel F&B Profits

Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service ...

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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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Cost Controls Drove Hotels’ Profit Growth in 2016

Cost Controls Drove Hotels’ Profit Growth in 2016

U.S. hoteliers enjoyed a seventh consecutive year of increasing profits in 2016 despite a slowdown in the rate of revenue growth. According to the 2017 edition of Trends in the Hotel Industry, total operating revenue, driven by a 0.2 percent ...

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Paying the Intermediaries: An Analysis of Hotel Commissions

Paying the Intermediaries: An Analysis of Hotel Commissions

The increasing incidence of intermediaries selling hotel rooms and other services is a major topic of discussion among U.S. hotel owners and operators. From online travel agents to convention housing companies, third parties are placing themselves in between hotels and their ...

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