Deloitte Analysts Weigh In on the Future of the Travel Industry
Deloitte recently released its 2018 Travel and Hospitality Industry Outlook on the state of restaurants, hotels, and airlines and how these industries will perform...
Wyndham to Buy La Quinta for $1.95 Billion
PARSIPPANY, N.J. and IRVING, Texas—Wyndham Worldwide Corporation and La Quinta Holdings Inc. announced today that they have entered into a definitive agreement under which...
Implications of the Rising Cost of Customer Acquisition
On a superficial level, the implications of the rising costs of customer acquisition are easily identified. Increased costs lead to a decline in profitability,...
How the Composition of RevPAR Growth Impacts Changes in Profits
To project changes in profits, we obviously need to look at the expected relative changes in revenues and expenses. Profit growth can only be...
Hotels Seek Diverse Development Teams for a Fresh Perspective
One way to inject a fresh perspective into the hotel industry is to seek out diverse development teams. This is a strategy that Choice...