Profit per room

U.S. Hotels Record 2018 High for Profit Per Room in October

U.S. hotels recorded their highest level of profit per room for the year in October, attaining revenue increases across all departments despite mounting costs,...
chart indicating increase

CBRE Forecasts 10th Consecutive Year of Growth for U.S. Hotels in 2019

ATLANTA—Based on an upward revised outlook for the U.S. economy, CBRE Hotels Americas Research is forecasting a 10th consecutive year of growth for the...
Fontainebleau Miami Beach

How Fontainebleau Miami Beach Retains Employees and Mitigates Turnover

Fontainebleau Miami Beach celebrated its 10-year grand reopening anniversary this November and honored the 460 employees who have worked at the hotel since the...
Professionals shaking hands - employee benefits

Employee Retention Means Benefits Done Right

“So much of employee retention is driven by effective leadership and company culture.” According to the common wisdom of today, this goes without saying. However,...
Online shopping - Cyber Week

Four Retail Marketing Tactics Hotels Can Use During Cyber Week

Black Friday is big for retailers, but with shoppers glued to their devices and heavily browsing during the five-day shopping holiday that is Cyber...
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Ben Campbell

Hospitality America Appoints Ben Campbell as President and CEO

GREENVILLE, South Carolina—Ben Campbell has transitioned from chief operating officer to president and CEO. Hospitality America Founder and CEO Chris Cargen has retired and...

Apple Hospitality REIT Acquires AC Hotel by Marriott Washington DC Convention Center

RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center for approximately $116.8 million, or...
suites brands

IHG Releases New Prototype Options for Its Three Suites Brands

ATLANTA—IHG Hotels & Resorts announced the availability of new prototype options for its three suites brands—Staybridge Suites, Candlewood Suites, and Atwell Suites. By expanding...
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