Revenue Management - Accounting Challenges

Rethinking Strategic Revenue Management

The main function of revenue management is to maximize income through operational decision making, primarily around price and inventory control. It has played a...
letsmakeadeal

Creative Approaches to Hotel Financing

Hotel financing is getting easier to come by in today’s recovering economic climate, but that hasn’t stopped many developers from taking creative approaches to...

The High Cost of Raising Room Rates

The highlight of the recovery from the recent recession has been the strong rebound in lodging demand. According to Smith Travel Research (STR), occupancy...

Securing SBA Loans

Small Business Administration (SBA) loans remain the main route to capital for many first-time hotel buyers and for owners looking to finance mid-tier suburban...

ARC Realty Finance Trust Makes First Portfolio Investment

NEW YORK—ARC Realty Finance Trust announced that it closed on its first portfolio investment—a $6.5 million mezzanine loan originated as part of a $57.5...
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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...