Tag: finance
Sporadic Business Demand Increases Booking Competition
NEW YORK—As hoteliers in major North American markets round out 2016 and prepare for the New Year, the pace of new bookings, especially in...
Apple Leisure Group Signs 10 Deals in 10 Months
PHILADELPHIA—Apple Leisure Group has reported that it has signed 10 resort deals over the last 10 months, growing the company’s resort brand management portfolio...
Best Practices: Room Service and Upselling
From airlines to fast food restaurants, all kinds of businesses use upselling and cross-selling to increase their business’ growth and profitability. However, these are...
Upscale Chains Experience Strong Year
The U.S. lodging industry is in the later part of the economic cycle and questions about the longevity and health of the industry are...
Beating the Budget
Hotel managers achieved the winning formula in 2015—they exceeded their budgeted revenue projections while concurrently spending less than expected to operate their hotels. The...