Attention, clubs: on August 8, the United States President issued an executive order deferring a portion of your employees’ payroll taxes. This payroll tax holiday runs from September 1 to December 31, and only employees making less than $104,000 per year qualify.
By Bianca Lopez and Evita Ma / Data usage in the hospitality environment has skyrocketed, and continues to grow every year, making a robust broadband network crucial to guest services and back-of-the-house operations.
It has been an exciting first year for the HFTP Foundation. Between frenzied fundraising and planning a packed docket of upcoming research for 2020, research staff have certainly had their hands full.
M3 · 15 Oct
M3, the hospitality sector’s #1 cloud-based accounting, financial and data management platform in North America, announced today M3 Expense Managemen
JMBM · 14 Oct
The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that their team has completed $210 million in C-P
HotelNewsNow · 13 Oct
When the Hotel Asset Managers Association last met in the spring, the COVID-19 pandemic had just passed the one-year mark in the U.S., and members we
David Lund · 11 Oct
I do not know about your experience, but for me growing up in the hotel world, and especially my first decade working in F&B and rooms, the adage, “Look after the guests and the money will look after itself,” was literally beat into my head.
David Lund · 7 Oct
With this hotel financial leadership talk, your team will come away with education and a plan of action.
Book4Time Inc. · 7 Oct
Book4Time, the global leader in spa and wellness business management solutions for the hospitality market launches Book4Time Pay, the company’s new a
H-PEP · 7 Oct
Leading hotel industry investment executives Phil Kasselis, Luke Sullivan and Ed Faraguna have joined forces to create a private equity real estate f
arena4finance · 6 Oct
Arena4finance is proud to introduce the arrival of a new online course for the hospitality industry: ‘A deep dive into the Uniform System of Accounts
HVS · 4 Oct
MGM Resorts International and ORIX Corporation Joint Venture to Develop a Multi-billion Dollar Integrated Resort in Osaka Prefecture, Coliwoo and Fou
CBRE Hotels · 1 Oct
Hotels Owners Interested in Interest To analyze the impact that declining EBITDA levels had on the ability of hotel owners to pay their interest expense, CBRE studied a sample of 1,121 hotels that reported interest payments in their operating statements for the years 2019 and 2020.
LBA Hospitality · 30 Sep
LBA Hospitality, based in Dothan, Ala., and 3H Group, headquartered in Chattanooga, Tenn., announced the formation of their new strategic alliance, w
Choice · 30 Sep
Having observed increased consumer confidence in the French market through encouraging domestic leisure travel in July and August, Choice Hotels EMEA
Jefrey Walter · 28 Sep
Leisure travel is booming, whereas business travel is lagging! The vaccine rollout has made it possible for the global hospitality industry to get back on track where leisure travelers are flying in numbers and thereby allowing more countries to open for travel. The total domestic revenues for paid accommodations are forecasted to reach $213.5 billion in 2021, a 53.3% increase over 2020.
JMBM · 28 Sep
The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce its representation of Condor Hospitality Trust in
HotelNewsNow · 27 Sep
During the pandemic, hardly any foreign direct investment has entered the Middle East, and the usual truism remains: When foreign private equity does
Cloud5 Communications · 27 Sep
Cloud5 Communications, a leading provider of communications solutions and Managed IT Services for more than 5,000 hotels, MDUs, and commercial facili
R.A. Rauch & Associates, Inc. · 23 Sep
Before we jump into 2022 plans, please take the quick survey/debate above of how you view the business and feel free to opine on why. Answers will appear on sided.co and on the hotelguru.com website.
Airbnb, Inc. · 22 Sep
Today, Airbnb is announcing a new three-year commitment in South Africa to address barriers to becoming a tourism entrepreneur, and to help rebuild a
Ecole hôtelière de Lausanne (EHL) · 21 Sep
What is Circular Economy? One definition of economics is to understand how the economic agents make their decisions to satisfy their unlimited needs
Access Point Financial, LLC · 21 Sep
Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, today annou
Onyx CenterSource · 21 Sep
Onyx CenterSource, a leading global provider of B2B payments and business intelligence to the hospitality industry, today announced it will launch a
Melia · 20 Sep
Meliá Hotels International, the leading hotel company in Spain and one of the largest hotel groups in the world, continues to boost growth through fr
A new law has been passed by China's National People's Congress regarding user data privacy. The law, called the Personal Information Protection Law
HotelNewsNow · 17 Sep
Like many industries, hotels are at the mercy of the delays in the global supply chain.
David Lund · 16 Sep
Be sure to check out the latest HospitalityMD interview with David Lund, the Hotel Financial Coach. Having a grasp on the financials for your hotel i