Hotel Tech Report · 6 May
Hotel Tech Report released the 2021 HotelTechIndex™: Hotel Software Market Leaders Report, the most comprehensive view of technology solutions aiding
ProfitSword · 5 May
ProfitSword, a premier developer of business intelligence and data integration software, has announced the publishing of a white paper focusing on ho
JMBM · 5 May
PACE financing guidelines are finally available for New York City, and while the program has not officially launched yet, hotel owners and developers in the area should start planning how to use these loans to retrofit their properties. My Partner David Sudeck discusses the program requirements, below.
IHG · 5 May
A new paper co-authored by international property consultancy Gleeds, global engineering and design consultancy Arup, global hospitality company IHG
CoStar · 4 May
The COVID-19 pandemic is making hotel owners reevaluate their strategies either because of the challenges the pandemic has caused or the opportunitie
Guestline · 4 May
To satisfy post COVID-19 emerging market demands and improve guest satisfaction while maintaining business operations and sustainability, hoteliers s
Scandic · 4 May
Scandic's President & CEO Jens Mathiesen has acquired a total of 155,000 stock options from Scandic's larger shareholders Stena Sessan and Formica. T
Hotel Law Blog · 4 May
Over the past five years, PACE financing has gained wider acceptance, and moved from a novel technique to a mainstream practical solution for financi
HVS · 3 May
HVS Asia Pacific Hospitality Newsletter - Week Ending 30 April 2021 : Singapore and Hong Kong Inaugurates Travel Bubble Officially
Hotelogix Blog · 3 May
Hotel operation runs without breaks – 24 hours every day for seven days. Maintaining the load of check-ins and check-outs, catering to different kind
The Hotel Financial Coach · 3 May
Practice is what we are missing. Practice with the financial piece is somehow a foreign concept. But in the hotel world practice is everywhere, right?
EHL · 3 May
Profit, People, Planet – the triple bottom line 'Holy Grail' that many companies preach – but how many practice it?
CBRE Hotels · 1 May
In 2019, 86% of the hotels that participated in CBRE Hotels Research's annual Trends® in the Hotel Industry survey of property-level operating statements reported the payment of a management fee. On average, these hotels paid management fees equal to 3.6% of total operating revenue. The management fee to revenue ratio was the highest for convention hotels (4.1%) and lowest for resorts and full-service hotels (3.5%). Relative to the bottom line, total management fees averaged 13.9% of profits. For this analysis, profits are defined as earnings before interest, taxes, depreciation, and amortization (EBITDA).
JMBM · 30 Apr
After a year of economic upheaval in the hospitality industry, hotels are making big changes as they look ahead to recovery. Oftentimes these changes involve a complete rebrand, and this leads to questions about what is negotiable in a franchise agreement. In the article below, Bob Braun, senior member of JMBM's Global Hospitality Group® and Co-Chair of the Firm's Cybersecurity & Privacy Group, talks about 5 important franchise terms that can usually be negotiated.
JMBM · 30 Apr
As coronavirus cases drop and economic activity starts to return to normal, the hospitality industry will soon be able to begin replacing workers who were laid off due to the pandemic. Some cities in California, and now the entire state, have enacted requirements for how hotels and other businesses can fill open positions; my partner, Travis Gemoets, has summarized the new law below. - Jim Butler
Hotel Law Blog · 30 Apr
PACE financing guidelines are finally available for New York City, and while the program has not officially launched yet, hotel owners and developers
HAMA · 30 Apr
The Hospitality Asset Managers Association ("HAMA") today released the results of its bi-annual survey of asset managers' thoughts, experiences and f
Hotel Law Blog · 28 Apr
After a year of economic upheaval in the hospitality industry, hotels are making big changes as they look ahead to recovery. Oftentimes these changes
Hotel Law Blog · 27 Apr
As coronavirus cases drop and economic activity starts to return to normal, the hospitality industry will soon be able to begin replacing workers who
Aptech · 27 Apr
PITTSBURGH - Prior to the 2020 pandemic, Arbor Lodging Management made a critical financial decision; the hotel management group operating Marriott,
Are Morch - Hotel Blogger & Social Media Manager · 26 Apr
A business proposal can help lenders and investors assess your idea’s potential. If you present your hospitality business properly in a clear and wel
Over the past five years, PACE financing has gained wider acceptance, and moved from a novel technique to a mainstream practical solution for financi
Hotel Law Blog · 23 Apr
Over the past five years, PACE financing has gained wider acceptance, and moved from a novel technique to a mainstream practical solution for financi
Hotelogix · 22 Apr
To thrive in an unpredictable business environment is no mean feat. The dynamic nature of things makes it imperative for entrepreneurs to keep a cons
CAL Poly Pomona · 22 Apr
The COVID-19 vaccination rate is climbing steadily in the U.S. At its current rate, three in four people, or 75% of eligible residents, will be vaccinated by June. Businesses are reopening. The U.S. economy is now operating at 88% of its pre-pandemic level, with hope for continuous improvement.
S Hotels & Resorts · 21 Apr
S Hotels and Resorts Public Company Limited (SET: SHR), the flagship hospitality arm of Singha Estate PCL (SET: S), has disclosed its intention to di
