Written by Shivam Sharma As an institutional investor, consia hotel, club, restaurant, anything. Being an investor requires knowing how to allocate the appropriate funds to the right asset at the right time.
For HFTP, the year 2022 saw the return of some of its most popular initiatives and the launch of a successful new program. It marked the bittersweet departure of some beloved HFTP leaders, and the arrival of enthusiastic individuals ready to take up their mantles.
According to CBRE’s September 2022 Hotel Horizons® forecast for the overall U.S. lodging industry, rooms revenue per-available-room (RevPAR) will exceed 2019 annual levels in 2022. This is driven by the accelerated recovery of average daily rate (ADR) which first occurred during the third quarter of 2021.
“There has to be a better way!” We hear it all the time – even in the accounting department. The truth is that we are always hardwired to want more and better. Unfortunately, we are always looking for that miraculous, game-changing “easy button,” not realizing that often we are not getting the most out of what we have right in front of us.
Written by: Jay Bhakta Glamping has taken the hospitality industry by storm over the last few years with developments occurring overnight. These remote-style stays became especially popular over the course of the Covid pandemic, as they offered the distanced retreat.
Congratulations! You have acquired a new Lodging Property. After months, or years, of due diligence, you have finally closed on your newly acquired L
In light of the tumultuous global challenges which have dramatically affected the hospitality industry, now more than ever we need to fully understan
Glion · 2 Feb
In a macro-economic context featuring several challenges including political uncertainty, rising interest rates, a surge in development costs and ESG
VENZA Blog · 1 Feb
As the cybersecurity landscape is ever evolving, so too are the laws and regulations surrounding it. To maintain compliance and avoid potential multi
The hotel sector, until the past few decades, had been largely unchanged for hundreds, if not thousands of years. But the growth of models that have
JLL · 31 Jan
As global volatility puts the debt exposures of real estate companies under sharp focus, lenders are paying greater attention to a metric that helps
Another ALIS is in the books, and a busy one at that, with nearly 3,000 in attendance. If you weren’t one of those lucky thousands, here are our take
Aptech · 31 Jan
Business at the Mountain Lodge Telluride is simply sensational, especially since the slope-side sanctuary built for adventure seekers transitioned it
As the year comes to a close, 2022 could be argued as one of the most difficult years for business sectors. But for the hospitality industry, hotel o
The Full Disclosure Principle Coming Soon - The Prosperous Hotelier Complimentary Discovery Call
Digital transformation is no longer just a buzzword. A survey by global consulting firm BCG found that 60% of companies plan to increase their spendi
Sertifi Blog · 27 Jan
In celebration of Data Privacy Week, we’re serving "alphabet soup" and covering the data privacy legislations that affect merchants.
VENZA Blog · 26 Jan
Effective January 1, 2023, California Privacy Rights Act (CPRA) effectively replaces the CCPA. It impacts many organizations that do business in Cali
TrustYou · 25 Jan
After a 5-year partnership with Recruit Group, TrustYou seizes the opportunity to buy back full ownership of company shares with a renewed vision and
TrustYou · 25 Jan
Nach einer 5-jährigen Partnerschaft mit der Recruit Gruppe ergreift TrustYou die Gelegenheit, den vollständigen Besitz von Unternehmensanteilen zurüc
JMBM · 24 Jan
The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce publication of the 5th edition of The HMA & Franc
Resolute Road Hospitality · 23 Jan
Hotel industry veteran Eric Danziger has launched a new company called Resolute Road Hospitality. The company, which was previously known as Braintre
M3 · 23 Jan
Dive in further to M3 Insight with M3’s Director of Business Intelligence, Burl Johnson! On this M3 Minutes episode, you can learn about how M3 Insig
Cendyn™ · 19 Jan
The protection of customer data is a crucial component of every hotelier’s digital strategy. Given the recent passage of new legal provisions in Cali
Accor · 19 Jan
Accor announces that it has completed the sale of its residual stake in H World Group Limited (formerly known as Huazhu Group Limited) for $460 milli
Before March 2020, hotel operations varied hugely. The sector was on a high. STR reported a record year in 2019 and, although costs and supply were b
HotelRunner · 17 Jan
HotelRunner, the fast-growing global hospitality and travel technology provider, announced today the closing of their $6.5 million Series A round. Ne
HotelNewsNow · 16 Jan
Challenges and opportunities abound in 2023 for publicly traded hotel companies, and Wall Street analysts who cover those companies say the good and
The US government first established Real Estate Investment Trusts (REITs) in the 1960s, allowing retail investors access to the nation’s vast portfol
The word “expenses” needs to be defined and refined for this article. Expense broadly refers to any cost a business has including payroll, goods and
How do we know that we’re doing well compared to competitor hotels in our area? The HSMAI Rising Revenue Optimization Leader Council grappled with me