Area of Protection

Area of protection (AOP) is a negotiated geographic area of exclusivity that a new franchisee sets up with a franchisor that blocks new, competing...

Mezzanine Debt

Mezzanine loans are back in vogue with hotel investors and developers turning to this financing tool for their latest acquisitions, recapitalizations, and leveraged buyouts....

EMV Payment Processing

As many credit card issuers adopt plans to move forward with Europay, Mastercard, and Visa (EMV) payment processes in the United States, hoteliers will...

Hotel Fitness Programs are Bulking Up

A growing number of hotels are offering innovative, easy-to-implement health and fitness programs – from rooftop boot camps to outdoor running trails – that...

Hotels See Local Sourcing Pay Off

The menu at the Elements on Level One restaurant in Herndon, Va., reads like a guidebook to the surrounding area. The Meyer natural strip...

Bouncing Back After Bed Bugs

The only thing that scares hotel operators more than bed bugs is an empty hotel room, yet the two often go hand in hand....
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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...
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....
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...
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