A Crash Course in Hotel Revenue Management for Non-Revenue Managers
With widespread furloughs, downsizing, and consolidation across the hotel industry, everyone is multitasking these days, and revenue management is no exception. At some hotel...
The Hotel Industry Cash Crunch
The hotel industry has found itself in perhaps the most significant liquidity crisis it has ever faced. As the industry reports second-quarter numbers, with...
New Rules: Rewriting the Hotel Development Playbook
This time last year, some of the biggest challenges facing hotel developers were high labor costs, brand fatigue, and market competition. The industry’s circumstances...
Alternative Options: Higher Education Offers Hoteliers a New Revenue Stream
In August, STR reported that U.S. hotel occupancy topped 50 percent for the first time since March. That this was a benchmark to celebrate...
Recovery Patterns From Historical Recessions
Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...
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RLH Corporation Hosts 2020 Virtual Conference and Expo
Last week, RLH Corporation hosted its 2020 Virtual Conference and Expo. The two-day event, which had the theme “United We Roar,” offered educational sessions,...
Third-Largest TownePlace Suites Opens in Nashville’s Capitol District
NASHVILLE — A joint venture development between Chicago-based The Gettys Group and Deep Cove Partners announced the grand opening of the TownePlace Suites by...
Navigating Choppy Waters
Ron Gorodesky, president and CEO of the hotel management company Refined Hospitality, first entered the hospitality industry as a 12-year-old washing dishes at his...