Tag: fees
The Return of Incentive Management Fees: Payments to Operators Began Reaching Pre-COVID Levels Last...
Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more...
Marriott, Hilton Announce Penalty for Last-Minute Cancellations
Effective Jan. 1, Marriott International and Hilton Worldwide will stiffen the penalty for last-minute reservation cancellations, The New York Times reports. Customers who fail...
U.S. Lodging Industry Fees and Surcharges to Continue Upward Trend
Following the record $1.85 billion amount collected in 2011, total fees and surcharges collected by U.S. hotels are increasing again in 2012, forecast to...