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Hoteliers at the CHRIS conference in Miami explored investment opportunities in the Caribbean, where several factors have led to a surge in hotel performance.
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In most hotel P&Ls, usually towards the bottom, is a heading called Non-Operating Income and Expense, formerly known as Fixed Expenses. Few costs are uncontrollable in a hotel. There are simply some expenses which take longer to reduce than others!
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Presentations and conversations at the 2015 ALIS conference touched on everything from new brands and supply to how falling oil prices, a rising dollar, and stability in the capital markets are affecting prospects for U.S. hotels.
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HVS annually researches development costs of actual hotel construction budgets, industry reports, and uniform franchise offering circulars. This 2014/15 survey reports updated per-room development costs in the U.S. through the end of 2014.
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During the International Luxury Hotel Association Fast Forward 2020, three hot topics emerged: lodging, authenticity, and luxury travel trends. This article discusses takeaways from the conference regarding these items.
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The health and wellness travel segment is growing immensely, creating a market for hotels that cater to the health-conscious guest. The EVEN and Element hotel brands are pushing the envelope, with wellness built into their very design.
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With hotel performance improving, supply in check, and tourism and commercial demand on the rise, hoteliers should pay close attention to possibilities in the Florida Panhandle.
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This article responds to Heywood Sanders’ book Convention Center Follies. It argues for a more moderate picture of the state of supply and demand in the convention industry, and it critiques Sanders’ narrative of convention center development.
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As economic recovery resumes and tourism strengthens, Washington, D.C. remains a top draw for leisure, convention, and government demand, with area hotels achieving some of the highest RevPAR levels in the nation.
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The first overview of key hotel operators in Asia-Pacific. The excerpt provides information on 63 hotel operators with more than 1 million existing or pipeline rooms in 27 countries. The +450-page full version with brand details is available for purchase here.