The article briefly outlines the challenges that food and beverage outlets in hotel have faced in the past, as well as recent and current trends that are occurring to address these challenges.
Strata hotels, otherwise known as condo hotels, are hotel properties where investors can purchase individual units of the hotel itself.
The performance of upscale and luxury hotels in Downtown Denver made a strong rebound in 2010, buoying investor confidence in the market. This trend continues in 2011, with a rise in RevPAR and transactions for the city’s top-tier hotels.
By examining trends in visitation, occupancy, average rate, and transactions, this article illustrates the resiliency of certain submarkets of the Miami hospitality industry. This is the first of a quarterly update on hospitality markets in Florida.
Steve Rushmore's June 2011 article for Lodging Hospitality magazine.
New demand-generating developments and attractive investment parameters are putting the Nashville hotel market on track for an impressive recovery.
Colorado Springs’ hotel industry has been in business for more than a century, with a wide spectrum of entities driving demand. The market wasn’t hard hit by the recent recession, and major events this summer should bode well for local hotels.
The hotel industry has seen great benefits from the increase in hotel education however, the industry is struggling to recruit and retain these educated professionals in traditional operational roles.
This article is the third of a three-part series that explores the rationale, methodology and results related to RevPAR-adjusted budgets. Such budgets are proposed as a tool to measure management’s performance that is superior to unadjusted budgets.
Steve Rushmore's May 2011 article for Lodging Hospitality magazine.