Hotel Tech Report Launches the 2021 HotelTechIndex™ Market Leaders Report to Help Hotels Identify Top Technology Solutions in the Recovery
Hotel Tech Report Launches the 2021 HotelTechIndex™ Market Leaders Report to Help Hotels Identify Top Technology Solutions in the Recovery

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 Demonstrates the Cost Savings of Business Intelligence For Hotels With Newly Published White Paper
ProfitSword Demonstrates the Cost Savings of Business Intelligence For Hotels With Newly Published White Paper

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

PACE Financing Lawyer: New York opening PACE – a big opportunity!
PACE Financing Lawyer: New York opening PACE – a big opportunity! — By Jim Butler, David A. Sudeck

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.

New Research Shows New Net Zero Model Brings Benefits For Hotel Sector
New Research Shows New Net Zero Model Brings Benefits For Hotel Sector

IHG · 5 May

A new paper co-authored by international property consultancy Gleeds, global engineering and design consultancy Arup, global hospitality company IHG

Owners Reconsider Hotels' Positioning, Actively Pursue Deals
Owners Reconsider Hotels' Positioning, Actively Pursue Deals

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

Top criteria to consider in post-COVID-19 hotel payments processing
Top criteria to consider in post-COVID-19 hotel payments processing

Guestline · 4 May

To satisfy post COVID-19 emerging market demands and improve guest satisfaction while maintaining business operations and sustainability, hoteliers s

Scandic’s CEO Jens Mathiesen Acquires Stock Options From Stena Sessan And Formica
Scandic’s CEO Jens Mathiesen Acquires Stock Options From Stena Sessan And Formica

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

C-PACE Financing on a Roll: $42 million PACE loan for citizenM Los Angeles
C-PACE Financing on a Roll: $42 million PACE loan for citizenM Los Angeles

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 Asia Pacific Hospitality Newsletter - Week Ending 30 April 2021
HVS Asia Pacific Hospitality Newsletter - Week Ending 30 April 2021

HVS · 3 May

HVS Asia Pacific Hospitality Newsletter - Week Ending 30 April 2021 : Singapore and Hong Kong Inaugurates Travel Bubble Officially

Night Audit and all you need to know about it
Night Audit and all you need to know about it

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

Hospitality Financial Leadership – The System To Follow To Create Financial Leadership In Your Hotel
Hospitality Financial Leadership – The System To Follow To Create Financial Leadership In Your Hotel — By David Lund

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?

ESG In Hotel Real Estate: Understanding ESG & The Hotel Asset Lifecycle
ESG In Hotel Real Estate: Understanding ESG & The Hotel Asset Lifecycle — By Kimberly Yoong, Adrian Flück

EHL · 3 May

Profit, People, Planet – the triple bottom line 'Holy Grail' that many companies preach – but how many practice it?

The Growth In Management Fee Expense
The Growth In Management Fee Expense — By Robert Mandelbaum

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).

Hotel Franchise Lawyer: 5 Things to negotiate in your next Franchise Agreement
Hotel Franchise Lawyer: 5 Things to negotiate in your next Franchise Agreement — By Jim Butler, Robert E. Braun

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.

California hotel workers laid off due to COVID-19 get rehire rights
California hotel workers laid off due to COVID-19 get rehire rights — By Jim Butler, Travis Gemoets

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

PACE Financing Lawyer: New York opening PACE - a big opportunity!
PACE Financing Lawyer: New York opening PACE - a big opportunity!

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

Hospitality Asset Managers Association (HAMA) Announces Results of “Spring 2021 Industry Outlook Survey”
Hospitality Asset Managers Association (HAMA) Announces Results of “Spring 2021 Industry Outlook Survey”

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 Franchise Lawyer: 5 Things to negotiate in your next Franchise Agreement
Hotel Franchise Lawyer: 5 Things to negotiate in your next Franchise Agreement

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

California hotel workers laid off due to COVID-19 get rehire rights
California hotel workers laid off due to COVID-19 get rehire rights

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

Arbor Lodging Management is Emerging Strong from Pandemic with Aptech Financial Solutions
Arbor Lodging Management is Emerging Strong from Pandemic with Aptech Financial Solutions

Aptech · 27 Apr

PITTSBURGH - Prior to the 2020 pandemic, Arbor Lodging Management made a critical financial decision; the hotel management group operating Marriott,

Writing a Hospitality Business Proposal: 8 Essential Steps
Writing a Hospitality Business Proposal: 8 Essential Steps

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

PACE Financing on a Roll: $6 million loan for Kimpton La Peer Hotel in West Hollywood
PACE Financing on a Roll: $6 million loan for Kimpton La Peer Hotel in West Hollywood

· 24 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

PACE Financing on a Roll: $6 million loan for Kimpton La Peer Hotel in West Hollywood
PACE Financing on a Roll: $6 million loan for Kimpton La Peer Hotel in West Hollywood

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

Key performance metrics for hotels and how to calculate them
Key performance metrics for hotels and how to calculate them

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

Will the lodging industry’s supply growth outpace demand growth?
Will the lodging industry’s supply growth outpace demand growth? — By Linchi Kwok

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 Books THB 182 Million From Divestment Of UK Hotels, In Line With Portfolio Enhancement Strategy
S Hotels & Resorts Books THB 182 Million From Divestment Of UK Hotels, In Line With Portfolio Enhancement Strategy

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