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,...
Investment

10 Lodging Investment Trends and Challenges of 2019

DENVER—For the past 15 years, members of hotel industry think tank Lodging Industry Investment Council (LIIC) have taken an annual survey on the major...
Profitability

HotStats: U.S. Hotel TRevPAR Hits Record High, RevPAR Declines in March

U.S. hotel TRevPAR hit a record high in March 2019, propelled by a 6.8 percent year-on-year increase in non-rooms revenues, which offset a 0.6...
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...
Online auctions

Leveling the Playing Field: Online Auctions Remove Barriers

Former commercial real estate broker Anthony Falor is now the managing director of the National Hospitality Group of Ten-X, an end-to-end online transaction platform...
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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...
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