Tag: labor
Profit Per Room at U.S. Hotels Bounced Back in May
After a negative turn in April, profit per room at U.S. hotels bounced back in May, increasing by 2 percent year-over-year (YOY) and buoyed...
Holding the Line: Profit Growth Becomes Harder To Achieve for U.S. Hotels
U.S. hoteliers enjoyed a ninth consecutive year of profit growth in 2018; however, it is becoming increasingly difficult for managers to accomplish this task....
What Will It Take To Close Hospitality’s Labor Gap?
It’s been a decade since the U.S. hospitality industry rose from the ashes of the economic recession. Ten years of consecutive growth has led...
Investing in Human Capital Is Essential for a Successful Hotel
In the hotel industry, investment can mean many things. Financial transactions like the purchase of a property or a brand-mandated PIP are typically top-of-mind,...
At NYU, Loews CEO Jonathan Tisch Urges Leaders to Strengthen Talent Pipeline
NEW YORK—Jonathan Tisch, chairman and CEO of Loews Hotels & Co., today urged travel and hospitality leaders to fill their talent pipelines to sustain...