Tag: finance
Analysis: Are Franchise Fees Worth the Cost?
In the current market environment’s modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses. Per the June...
How the Components of Labor Costs Affect Hotels’ Bottom Lines
Per the Bureau of Labor Statistics, the average hourly compensation for a hospitality industry employee increased by 3.6 percent in 2016. In the hotel...
Study: Bed Bug Infestations Cost Hotels Thousands
ATLANTA–A new study from pest control company Orkin finds that eight of 10 hotels have dealt with bed bugs in the past year, and...
Mission Capital Arranges $15 Million Loan for Staybridge Suites Houston
HOUSTON—Mission Capital Advisors has arranged a $15.26 million acquisition loan on behalf of Midas Hospitality to purchase the newly constructed Staybridge Suites Houston–Medical Center, a 120-key extended...
U.S. to Top $100 Billion in Vacation Spending This Summer
U.S. vacationers are spending more on summer travel this year, topping $100 billion for the first time, according to the eighth annual Allianz Travel Insurance Vacation...