Tag: 2023
New Labor Challenges: Analyzing the Impact of Higher Wage Rates and Workforce Trends in...
The scarcity of employees has long been the primary labor concern for U.S. hoteliers, even before the onset of the COVID-19 pandemic. Historically, jobs...
Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion...
Knowland: San Diego Has Highest Meeting Volume Improvement
ARLINGTON, Virginia—Knowland released the top market performance numbers for December, citing San Diego as having the highest meeting volume improvement with 29.2 percent year-over-year...
CoStar: U.S. Hotel Performance Increases But Comparisons Lower With Calendar Shift
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons were skewed downward due to a calendar shift, according to CoStar’s latest data...
8 Pro Tips for a Pest-Free Property: From Thorough Inspections to Proper Food Storage...
Although hotels strive to offer their patrons an unforgettable experience, pest problems can ruin even the most beautiful settings. With various amenities all on...