Nashville Hotel Performance Five Years After Opening Music City Center
Located in the heart of the Nashville central business district (CBD), the Music City Center (MCC) is a $623 million convention center that opened...
Budgeting Accuracy: Why U.S. Lodging Performance Fell Short of 2017 Expectations
In 2017, the actual achieved levels of
occupancy, average daily rate (ADR), total revenue, and profits for U.S. hotels were less than their respective...
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...
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...
U.S. Hotel Construction Pipeline Continues Modest Growth
In the third quarter of 2018, the total U.S. hotel construction pipeline reached 5,376 projects and a combined 650,576 rooms—up 7 percent from last...
Phoenix Hotels Recorded a Jump in RevPAR in September
Key Performance Indicators
September 2018 vs. September 2017
RevPAR: +15.6 percent to $116.82
TrevPAR: +9.8 percent to $232.14
Payroll: -2.6 points to 38.7 percent
GOPPAR: +32.6 percent to $67.22
Phoenix...
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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...
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...
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....
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....
