Robert Mandelbaum
Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Americas Research.
Full-Service Boutiques Delivering More Growth Than Brands
For the past several years, limited- and select-service hotels have been extremely popular among hotel developers. According to STR, 80 percent of the properties (70 percent of the rooms) that opened in 2015 did...
Revenue Premiums Offset Great Costs in Historic Hotels
When old hotels age gracefully and purposefully, they are able to achieve “grande dame” status. These properties typically compete in the luxury or upper-upscale market segments and frequently outperform the contemporary competition when it...
Increasing Occupancy Rates Boost Labor Costs
One of the most significant findings of the 2015 edition of Trends in the Hotel Industry was the 4.9 percent rise in operating expenses (ExPAR) for U.S. hotels during 2014. This is the greatest...
Unpacking Utilities: How Consumption and Pricing Influence Costs
When managing utility costs, hoteliers need to understand how much they spend on each service. According to the 2015 edition of Trends in the Hotel Industry, hotel utility costs consist of four major components—electricity,...
Profits Rise Despite Initial Signs of Expense Growth
Results from the latest edition of Trends in the Hotel Industry reveal that U.S. hotels achieved a 12.3 percent increase in net operating income (NOI) during 2014. This marks the fourth consecutive year of...