New Certification to Help Legitimize Healthy Travel Destinations
Health-conscious travelers now make up more than 40 percent of the U.S. travel marketplace, and that number is trending upward. Already a $439 billion...
Carbon Monoxide
Carbon monoxide—a colorless, odorless gas—is produced from the partial oxidation of carbon-containing compounds. It forms when there is not enough oxygen to produce carbon...
Actual Share
The percentage of room nights or revenue that a hotel captures from its competitive set is called the actual share. This metric is calculated...
Equal Employment Opportunity
ADA doesn’t only address accessibility in the marketplace but also in the labor market. The ADA Amendments Act of 2008 expands protections for individuals...
What Are Your True Variable Costs Per Occupied Room?
Knowing the average, actual costs incurred per occupied guestroom enables a manager to make more prudent pricing and marketing decisions and to monitor expenses....
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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