Data and AI Are Simplifying Hotel Revenue Management
Like many hospitality job functions, hotel revenue management is extremely demanding. Travelers are searching and booking around the clock. Market changes can come suddenly...
Two New Tax Advantaged Financing Tools for Hotel Investors
Brad Elmer, managing director of Baker Tilly Capital, LLC, the wholly owned private investment banking subsidiary of Baker Tilly Virchow Krause, LLP, specializes in...
A Look Behind Hotel Transaction Growth
According to STR, 2018 was one of the best years in recent history for hotel transactions. With 707 transactions, a 25 percent increase since...
CBRE Forecasts Gradual Slowdown in U.S. Hotel Performance
ATLANTA—The U.S. lodging supply will increase at an annual pace greater than the long-run average through 2022, according to CBRE Hotels Research’s latest report....
HotStats: U.S. GOPPAR Slips for First Time in 2019
April was the first month of the year during which U.S. hotels reported a year-over-year (YOY) decline in profit per room, as a drop...
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Five Markets With the Most Hotel Construction
Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
15 Women Moving Up Hospitality’s Career Ladder
Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...
14 Hotel Companies Among 2019 Best Employers for Diversity
Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
How to Spot and Get Rid of Common Household Pests in Hotels
Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...
