Luxury Hotels

North America Remains the Largest Consumer Market for Luxury Hotels

In 2017, the global luxury hotel market size was $171 billion and it is expected to reach $232 billion by the end of 2025,...
Growth Chart - TrevPAR

U.S. Hotels Are Operating at the Highest Level of Efficiency Since 1960

Atlanta–U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the...
Overall Performance

How Soft Brands Stack Up

The number of soft-branded hotels has risen dramatically over the last decade, growing from just two brands and 22 properties in 2010 to 12...
revenue management

Why Revenue and Marketing Managers Should Work Together

“You might feel a slight sting.” These are the last words we hear before the prick of the needle, but with that little sting comes...

Accounting for Sales Incentives

The economic recession has had an overwhelming impact on many industries that vie for the consumer dollar, among them the lodging segment of the...

Five Keys To Conducting A Procurement Audit

Hotel owners and managers may be missing a cost savings opportunity by not taking a closer look at the supplies they are selecting for...
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Four Seasons Hotels and Resort - Fortune Best Companies to Work For

Five Hotel Companies Among Fortune’s 100 Best Companies to Work For

Five hotel companies made the recently released 21st annual Fortune 100 Best Companies to Work For list, which is based on surveyed employee ratings...
New York City

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...
Hotel security

12 Ways To Increase Hotel Security

Even when hotels have strong security policies and procedures in place, they are still vulnerable to cyber attacks, break-ins, theft, fraud, and other crimes....
Linens

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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