Robert Mandelbaum
Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Research. CBRE forecast and financial benchmarking reports can be found at pip.cbrehotels.com.
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...
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...
Select-Service Hotels Prove Efficient, Profitable
The definition of “select-service” within the lodging industry may vary from person to person, but there is no doubt that properties in this segment are the most popular among developers. Using the broadest definition...
Increasing Efficiency of Hotel Retail Outlets
Historically, hotels have offered retail operations primarily for guest convenience and satisfaction. And the revenue generated by hotel retail outlets typically represents only a small part of total hotel revenue—of the properties in the...
Rising Expenses Cut into Hotel Profitability
There are a lot of “double-edged sword” issues on the minds of hotel operators these days. Hotel occupancy has reached record levels, which is attracting the attention of developers and therefore the threat of...