Budget season

Budget Season Is Here and the Gloves Are Off

For hotels, budget season is the main event of the year—a time when owners and operators battle it out in the ring over next...
Hotel insurance costs rise

Costs on the Rise: Hotel Insurance Represents a Growing Expense for Hoteliers

As of the writing of this article, we are still evaluating the long-term impact that COVID-19 is having on the U.S. lodging industry. Owners...

How Changes in Hotel Revenues Suggest Changes in Guest Preferences

From the high-tech preferences of Generation Z to the experiential bent of millennials and the health and wellness inclinations of Baby Boomers, hotels continually...
Elizabeth Randall-Winkle talks slowdown strategies

STR Strategy Officer Elizabeth Randall-Winkle Talks Slowdown Strategies

As chief strategy officer at STR, Elizabeth Randall-Winkle is responsible for the development and execution of the organization’s strategic initiatives. Randall-Winkle reviewed for LODGING...
Group Business - knowland

Showing No Shows: A Closer Look at Attrition and Cancellation Fee Revenue

Per the Uniform System of Accounts for the Lodging Industry (USALI), the income received from transient and group guests who fail to occupy a...
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