Extended-stay guest

Examining the Segments Within Extended-Stay Hotels

When investing in hotels, two of the metrics most frequently evaluated are recent year-over-year trends in revenues and profits, as well as current performance...
Money pile profits growth

Mostly Steady: The Outlook for U.S. Hotel Profits in 2018

Since 2014, U.S. lodging industry owners and operators have seen a steady decline in the pace of revenue growth. In 2014, rooms revenue per...
Airport Hotels

Occupancy Outlook: Airport Hotels Have a Chance to Soar

Airport hotels make up the smallest hotel location segment (as defined by STR) with 2,382 hotels that represent only 4.3 percent of hotels in...

Extended-Stay Segment Remains Strong, Despite New Supply

Conversations in the hospitality industry in 2017 revolved around the impact of new supply and slowing average daily rate (ADR) growth. The extended-stay segment...
Restaurant staff training

Measuring the Impact of Growing Labor Expenses on Training Costs

In 2016, the average property in CBRE’s Trends in the Hotel Industry survey sample spent 31.3 percent of its total revenue, or 42.8 percent...
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utility costs

Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...

Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...

The Bentley Hotel Southampton to Join JdV by Hyatt Brand

CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
technology

Gale Miami Hotel and Residences Partners With Stayntouch

BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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