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Ask Anthony Melchiorri

Ask Anthony: What Can Hoteliers Do About Rising Expenses?

Anthony Melchiorri, hotel fixer and host of Travel Channel’s Hotel Impossible, loves dishing out advice. From sharing best practices to tackling operational issues, he’s here to...
motel

Converting an Older Property Into an Extended-Stay Hotel

Who are the players converting older properties into extended-stay hotels?  "I have an opportunity to buy a hotel property that has closed due to competition...
Hotel career development

Three Tips for Advancing a Career in Hotels

Given that Hotel Equities Chief Development Officer Joe Reardon wasn’t even aware that there was such thing as “the hotel business” when he became...
Branding

Creating a Branding Strategy in Four Steps

The consequences of failing to incorporate a property branding strategy range from off-target market positioning to uncoordinated operational efforts and significant revenue loss. Below...
La Quinta Inn & Suites by Wyndham San Luis Obispo Downtown‎ - owned by StonePark Capital, of which Andrew Firestone is a partner

Andrew Firestone’s Three Tips for Flying the Flag of an Acquired Brand

It doesn’t seem like the hotel industry is going to stop consolidating any time soon. Andrew Firestone is a founding partner at StonePark Capital,...