Jarrad Evans is the Chief Investment Officer for Remington Hotels, which manages more than 120 branded and independent hotels. In his role, he works
It’s budget season again. Yet even after two-plus years of pandemic-forced closures, a brief recession, labor challenges, a significant (permanent?)
The halls of the JW Marriott Desert Ridge were buzzing this week as thousands descended upon the Phoenix resort for this week’s Lodging Conference. I
India’s initial public offerings (IPO) market has been thriving for the past few years, and 2021 ended up being a record year with over 60 IPOs, as t
One of the obligations of moving from a home to a condominium is to take your turn on the board of directors. Don’t let anyone fool you into believin
As a hotelier, you know that generating profitable earnings is the key to a successful hotel. However, understanding your profitability ratios isn’t
I used to think of the budgeting process as a necessary evil, but speaking with David Lund, who has 30+ years of operational and financial leadership
In Part 1 of this series, I highlighted that hotel property investors transact to acquire both real estate and the operating businesses with their va
Here’s the scenario. You have finally got a full-blown accounting policy manual in place. It has taken several months and a lot of work, but it’s don
According to recent industry data, nearly 2% of a company’s invoices are duplicated, charged for the incorrect amount, or contain some form of error.
French hotel leases and contract law governing hotels constitute essential legal and economic stakes for a hotel business in France. The country is,
Bonus Depreciation is fading away over the next 5 years. With the help of the IRS Section 179 Deduction and still powerful Bonus Depreciation, lodgin
According to a recent GlobalData report, 573 deals (including mergers & acquisitions, private equity, and venture financing) were announced in the gl
No matter how impeccable service a restaurant provides, chances are it will still receive negative online reviews from time to time. Recently, some t
Over the last few years, numerous states and cities across the U.S. have worked to reform hotel on-property safety by implementing enhanced workplace
A hotel’s food and beverage offerings can be one of the most difficult areas of the property’s operation to keep control of and, without rigorous ove
What brands don’t know is, they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don
Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival.
’Jack of all trades, master of none’ is an English idiom which dates from Elizabethan times, when it was once used to describe Shakespeare. It is not
The recent price surge for many goods and services in the U.S. raises the prospect for an extended period of persistent high inflation. Conventional
Learn more about the pros and cons that come with both IT software and traditional spreadsheets.
In 2020, the average hotel in CBRE’s annual Trends® in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes
Wouldn’t it be nice if you could get paid daily for the number of hours you work, or if you could find a simple way to attract talent as an employer?
Within hospitality, it’s common for tenured leaders to wear many hats and champion new territory as they continuously cultivate and share their indus
Take a second and think back to 2019. After everything, it feels more like 30 years ago, never mind three years ago. Some studies even go so far as t
I have recently read more than one article on breakeven analysis and they all miss the mark in my books because they focus on what occupancy is neede
Mail-related check fraud has been rising since last August, according to the Evidence-Based Cybersecurity Research Group at Georgia State University,
