construction

CBRE: Demand Will Continue to Exceed New Supply Levels in 2019

ATLANTA—New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply...
Dual-Branded Hampton Inn & Suites and Homewood Suites Teaneck NJ

Dual-Branded Hotels: Beware Expectations of Significant Operating Efficiencies

For the past four years, the opening of dual-branded properties has been very popular among hotel developers. The perceived benefits of building a property...
Decline

HotStats: U.S. Hotels Suffer Profit Plunge in November

Hotels in the United States did not have much to be thankful for in November as they posted a 5.2 percent year-on-year drop in...
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,...
Asheville, N.C.

Third-Tier Growth Spurt

With suburban hotel performance surpassing the growth rate for urban properties, many hoteliers are turning to secondary and tertiary markets to meet the demand...

Examining Hotel Labor Costs

As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...
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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...
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....
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....
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