The downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, has reduced visitation to the Las Vegas market in 2008 to levels not seen since 2004.
Unemployment rates are surging, global stock markets are crashing, commodities are collapsing, and the real estate bubble has finally burst. What moves can hotel developers make during the downturn?
Hotel owners need professional guidance in this tough economic climate. Here are some tips to help you weather the storm.
Financial Market Turmoil and Global Recession – What are the Signs for Hotels in Asia’s World City?
A hotel’s pet-friendly policies can bring both trials and rewards.
In a tough economy, when your marketing budget shrinks, you need to be careful about how you invest your money. The return on investment (ROI) for online marketing spending is faster than almost any other form of hotel marketing.
Group sales managers in hotels, convention and conference center, and CVB’s need to understand the reasons for lost business. This article presents a comprehensive approach to lost business analysis that helps increase group sales.
Layer or Top-Up - why European Hotel Investors should include Revenue Management in their Investment
The author considers that a strengthened understanding by hotel investors of revenue management principles will permit investors to make better investment decisions.
The popularity of Guadalajara has surged in recent years, attracting new businesses, residents, and developments that are positioning the city as a world-class business and travel destination.
HVS analyses the supply and demand patterns that govern the serviced apartment sector in Europe and ultimately answers the question: extended stay – where are the opportunities?