Tag: payroll
Episode 10: Staying on the Payroll During the COVID-19 Outbreak
LODGING Editor Kate Hughes speaks with hospitality leaders about the steps they’ve taken to ensure their employees are kept on the payroll during the...
How Contract and Non-Management Employee Payrolls Rose in 2017
As the pace of revenue growth continues to decelerate for U.S. hotels, the ability of hotel operators to control costs will determine the ability...
How the Components of Labor Costs Affect Hotels’ Bottom Lines
Per the Bureau of Labor Statistics, the average hourly compensation for a hospitality industry employee increased by 3.6 percent in 2016. In the hotel...
Report: Payroll Puts Pressure on U.S. Hotel Profit Performance
Full-service hotels in the U.S. recorded a 1.2 percent increase in GOPPAR in June 2017 and faced a 2.0 percent increase in labor costs...