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Robert Mandelbaum

Robert Mandelbaum is Director of Research Information Services for CBRE Hotels’ Americas Research.
Light switch, energy, utility

Keeping the Lights Off: U.S. Hotel Utility Expenditures Drop

The pace of revenue growth is slowing for the U.S. lodging industry. Per STR, the pace of RevPAR (revenue per available room) increases has decelerated each year from 2014 through 2017. According to the...
The Marketplace at the Crowne Plaza Atlanta-Midtown - departments

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...

How the Composition of RevPAR Growth Impacts Changes in Profits

To project changes in profits, we obviously need to look at the expected relative changes in revenues and expenses. Profit growth can only be realized when the dollar value of the change in revenue...
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...
Businessman riding Snail slowly walk on arrow growth, 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...
franchise fees

Analysis: Are Franchise Fees Worth the Cost?

In the current market environment’s modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses. Per the June 2017 edition of Hotel Horizons, RevPAR growth in the United...