Tag: finance
Arlo NoMad Opens
NEW YORK—A partnership of Quadrum Global, Simon Baron Development, Eagle Point Hotel Partners, and KSNY today announced the opening of Arlo NoMad, a new...
10 Traits of an Ideal Revenue Manager
With recent improvements in technology and a focus on acquisition cost, the defining characteristics of today’s ideal revenue manager have changed—and through our work...
Group Bookings Brighten Hotel Outlook
NEW YORK—Committed occupancy and average daily rates (ADR) for the first quarter of 2017 are showing major signs of growth with group travel leading...
Rising Expenses Cut into Hotel Profitability
There are a lot of “double-edged sword” issues on the minds of hotel operators these days. Hotel occupancy has reached record levels, which is...
Economy Chains Face Lack of Demand
In the rapidly expanding room pipeline of the U.S. hotel industry, one segment seems to have fallen out of favor with developers. In June...