Rest and Relaxation: Health Movement Leads to Growth in Hotel Spas
In 2007, CBRE introduced Trends in the Hotel Spa Industry in response to the spa industry’s rapid expansion within hotels and resorts and its...
Time for a Change: Behind McKibbon Places’ Launch and New High-Tech Headquarters
Founded in 1926, McKibbon Hospitality, which owns, develops, manages, and renovates hotels, has evolved over the years to accommodate its guests, clients, and team...
U.S. Hotel Profit Growth Bounces Back in November After Downward Blip
A negative profit turn for U.S. hotels in October gave way to robust growth in November as GOPPAR climbed 6.1 percent year-over-year (YOY), the...
Rocking the Boat
Tyler Morse is CEO and managing partner of MCR, the hospitality company he founded in 2006. Although he barely mentions his degree from Harvard...
U.S. Hotel GOPPAR Turns Downward in October
U.S. Hotels
Profit & Loss Performance Indicators
October 2019 vs. October 2018
RevPAR: -2.1% to $190.93
TRevPAR: -0.9% to $300.54
Payroll: +2.3% to $98.64
GOPPAR: -2.8% to $126.97
Two consecutive months...
Most Popular
Accor to Eliminate Single-Use Plastics by 2022
This week, Accor announced its commitment to join the UN Global Tourism Plastics Initiative and to remove all single-use plastic items in guest experience...
This Week’s Comings and Goings
David Duncan has been appointed president and CEO of First Hospitality. Duncan has been an integral part of First Hospitality’s growth since he joined...
Wyndham Donates 1 Million Rewards Points to Polaris to Help Fight Human Trafficking
PARSIPPANY, N.J. — Wyndham Hotels & Resorts reinforced its commitment to help combat human trafficking at its first global Town Hall event of the...
Our View
