Tag: finance and development
Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee...
SureStay Hotel by Best Western San Antonio West SeaWorld to Open
SAN ANTONIO, Texas—The SureStay Hotel by Best Western San Antonio West SeaWorld will open its doors in San Antonio, Texas, on May 6, 2022....
Marriott, Hilton, and IHG Lead the U.S. Hotel Construction Pipeline
PORTSMOUTH, New Hampshire—In the recently released Q1 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest...
Urban Villages Begins Construction on Populus, a Carbon-Positive Hotel
DENVER—Urban Villages announced the start of construction on Populus, the first carbon-positive hotel in the United States. Opening in late 2023, the 265-room hotel...
STR: Weekly U.S. Hotel Performance Lowered During Easter Week
HENDERSONVILLE, Tennessee—Aligned with historical patterns, U.S. hotel performance came in lower during the week of Easter, according to STR's latest data through April 16,...