Tag: finance
Intricacies of the Business
While the hotel asset class generally falls into one of the top five food groups, along with multifamily, office, industrial, and retail, it is...
PwC: US Lodging Recovery Remains Intact
NEW YORK—Despite persistent economic headwinds and heightened uncertainty, an updated lodging forecast released today by Price Waterhouse Cooper US (PwC) anticipates revenue per available...
Accor Sells Two MGallery hotels in Germany and the Netherlands
As part of its asset management strategy, Accor announced a sale and lease back agreement concerning the MGallery Mondial Am Dom in Cologne (207...
July Showed Increase in Corporate and Leisure Hotel Rates
DALLAS— Hotel rates paid in July for business and leisure travel increased over last year both globally and in North America, according to data...
Staffing for Prosperity
In 2010, it was the ability of U.S. hotel managers to control labor costs that was the driving force behind the subdued 3.4 percent...
