Tag: market reports
Examining Hotel Labor Costs
As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...
Hoteliers Continue to be Sharp with Budgeting Accuracy
It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive...
San Francisco Hotels Make Big Economic Impact
The hospitality and tourism industry is a vital part of the U.S. economy. In 2012, it supported nearly 7.7 million jobs and generated $855.4...
Five Up-and-Coming Secondary Hotel Markets
If you’re only looking at the top markets, you’re most likely getting pushed out of an already crowded field.
PKF: Hotels Struggle to Grow Other Revenue Sources
ATLANTA, Ga.—Now that the national hotel occupancy rate is approaching its long run averages and scarcity has returned in certain markets and property types,...