Tag: management fees
The Return of Incentive Management Fees: Payments to Operators Began Reaching Pre-COVID Levels Last...
Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more...
Evolving Fees: The Growth in Management Expenses
In 2019, 86 percent of hotels that participated in CBRE Hotels Research’s annual Trends in the Hotel Industry survey of property-level operating statements reported...
Are Third-Party Fees and Commissions Worth the Cost?
Effectively managing and marketing hotel properties sometimes requires an outside perspective. This is why owners will frequently pay third parties fees and commissions for...