New SBA rules expand opportunities for hotel investment

FINDING MONEY TO buy or build a hotel these days is like a treasure hunt. While many lenders are pulling back, the U.S. Small...
Labor costs make up most the expenses faced by hotels, according to CBRE hotels' Americas Research.

CBRE: Labor still highest cost for hotels

However, most rooms departments remain profitable LABOR AND RELATED expenses remain the largest expense faced by hotels, according to CBRE Hotels’ Americas Research. But recent...

Wayfair and Wyndham join forces

SIXTEEN YEARS AGO, Wayfair Inc.'s Niraj Shah and fellow Cornell graduate Steve Conine bet American homesteaders would grow as comfortable with shopping for furniture...

Study: Brand’s online reputation most important to travelers

TRAVELERS CONSIDER A hotel’s brand more than chain scale segment or location in writing reviews that influence the hotel’s online reputation, according to a...

March metrics ‘good indicator’ of pricing power, says STR

Tuesday, April 22, 2014 – REVPAR AT U.S. hotels increased an average of 7.2 percent to $75.31 in March, reports STR. Occupancy was up 2.9...

J.D. Power index measures increases in hotel guest satisfaction

HOTEL GUESTS ARE increasingly satisfied with their experience, according to the J.D. Power 2018 North America Hotel Guest Satisfaction Index. The guests’ overall satisfaction...

Hotel asks guests to name its mattresses

A Gujarat-born disc jockey turned hotel developer has launched what he hopes is an attention-getting promotional campaign for his new property in Brooklyn, N.Y. The...

President Trump ‘keen listener’ during hotel industry CEOs’ visit to White House

CHIEF EXECUTIVES OF major hotel companies on Sept. 4 met with President Donald Trump and members of his administration in the White House. The White...

Surveys show consumer views on Airbnb

IN WHAT MAY be a case of “Know thy enemy” for some, a pair of recent surveys reveal what consumers like, and what they...

Gig economy booms in hospitality industry

FREELANCERS AND CONTRACTORS could represent more than half of the country’s workforce by 2019, according to a recent study. It’s a trend from which...