Profitability

A Six-Step Strategy for Increasing Hotel Profitability

While the rate of revenue growth has slowed nationwide, the U.S. hotel industry has seen increasing profits for eight consecutive years. Hoteliers can narrow...

U.S. Hotels Are Operating at the Highest Level of Efficiency Since 1960

Atlanta–U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the...
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,...
Dalllas, Texas

Five Cities With the Largest Hotel Construction Pipelines

Portsmouth, N.H. — According to the Q3 2019 construction pipeline trend report published by Lodging Econometrics (LE), the total pipelines for the top 25...
SureStay Hotel by Best Western North Myrtle Beach

BWH Hotel Group Adds Three U.S. Properties

BWH Hotel Group recently announced the opening of three U.S. properties: SureStay Hotel by Best Western Fairfield Napa Valley, California; Best Western Plus Champaign/Urbana...

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Charlestowne 40th Birthday

Charlestowne Executives on What Comes Next After its Milestone Birthday

Charlestowne Hotels has faced a lot of changes since beginning as owner/operators of mainly branded hotels in the Charleston, South Carolina, area. Now butting...
Profitability

Baird/STR Hotel Stock Index Rose 3.2 Percent in April 2021

HENDERSONVILLE, Tennessee, and MILWAUKEE — The Baird/STR Hotel Stock Index rose 3.2 percent in April to a level of 5,297. Year-to-date through the first...
Red Roof Inn Lake Jackson

Red Roof Opens Two Hotels in Lake Jackson, Texas

COLUMBUS, Ohio — Red Roof announced the opening of the 62-room HomeTowne Studios by Red Roof — Lake Jackson and the 70-room Red Roof...
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