Chad Sorensen - CHMWarnick

Getting Assets in Gear: Checking In With CHMWarnick’s New COO, Chad Sorensen

Chad Sorensen, who in June became chief operating officer for the hotel asset management and owner advisory firm CHMWarnick, recently spoke to LODGING about...
Manor House

Life House Secures $100 Million From Blue Flag for Continued Expansion

NEW YORK—Life House, the vertically-integrated hotel company with a growing collection of lifestyle boutique hotels, has secured $100 million in equity commitments (approximately $250-$300...
Decrease - GOPPAR

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...
Data Visualization, record growth

U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose

BROOMFIELD, Colo.—Industrywide, U.S. hotel house profit reached a record-breaking $80 billion in 2018, even as labor costs grew at a higher rate than revenues,...
Signing a manchise agreement

Manchise Agreements: What To Know and Consider

When selecting a brand and manager for a hotel, owners are faced with a choice: either hire the “brand” to manage their asset or...
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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...
Women in LODGING 2018

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...
A diverse team holds hands, representing diversity and workplace culture

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...
cockroach pests

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...