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

How To Keep Hotel Labor Costs Down When Business Ramps Up
How To Keep Hotel Labor Costs Down When Business Ramps Up — By Rayna Katz

HotStats Limited · 21 Apr

Some changes made to cope with the pandemic likely will be industry norms, while the crisis also spotlighted the need for new practices to be put in place.

ProfitSword Implements Full Suite of Business Intelligence Solutions at Regal Hospitality
ProfitSword Implements Full Suite of Business Intelligence Solutions at Regal Hospitality

ProfitSword · 21 Apr

ProfitSword, a premier developer of business intelligence and data integration software, has announced the successful implementation of its advanced

ESG in Hotel Real Estate: Understanding ESG & the hotel asset lifecycle
ESG in Hotel Real Estate: Understanding ESG & the hotel asset lifecycle

Ecole hôtelière de Lausanne (EHL) · 20 Apr

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

Hotel Lawyer: JMBM closes another M&A deal
Hotel Lawyer: JMBM closes another M&A deal

Hotel Law Blog · 20 Apr

The latest M&A deal closing is not a hotel deal, but JMBM is pleased to announce that Advanced Veterinary Specialists (AVS), a Level II Veterinary Em

Onyx CenterSource Expands Partnership with Preferred Hotels & Resorts
Onyx CenterSource Expands Partnership with Preferred Hotels & Resorts

Onyx CenterSource · 20 Apr

Onyx CenterSource, a leading global provider of B2B payments and business intelligence to the hospitality industry, today announced that it has joine

How does the Supreme Court’s Google v. Oracle case impact the hotel industry (beyond software)?
How does the Supreme Court’s Google v. Oracle case impact the hotel industry (beyond software)? — By Jim Butler, Jeffrey Goldman

JMBM · 20 Apr

The recent ruling in Google v. Oracle has altered the definition of "fair use" when it comes to functional works such as code. While the use of existing creative works must still be transformative in order to avoid violating copyright laws, it will now be much easier to claim fair use when building on existing functional creations. JMBM's Entertainment Litigation Chair Jeff Goldman explains the case below and discusses its potential impact on the hotel industry.

ROOMDEX Introduces Hotel Upsell KPIs for a Profitable Recovery.
ROOMDEX Introduces Hotel Upsell KPIs for a Profitable Recovery. —

ROOMDEX, Inc · 20 Apr

As the old saying goes, "what is not measured cannot be improved." Metrics allow you to identify where you can make the easiest and most impactful improvements. Indeed, the more a business can measure, the more it can improve its efficiency and, in many cases, revenue.

From Room Service To Rehab, Distressed Assets Are Finding New Life
From Room Service To Rehab, Distressed Assets Are Finding New Life

JLL · 19 Apr

The skilled nursing and hotel industries, while improving, have faced pandemic-fueled challenges over the past year that resulted in empty rooms.

Hospitality Financial Leadership The Daily Revenue Audit – The Must Do’s
Hospitality Financial Leadership The Daily Revenue Audit – The Must Do’s — By David Lund

The Hotel Financial Coach · 19 Apr

The hotel business is a retail business and in order to stay on top of your business, you must fully and completely balance your daily revenues and settlements. This means dotting the eyes and crossing the Ts, examine them. Every day we begin anew and every day is a story unto itself when it comes to the revenues and settlements. I may sound like I'm repeating "revenues and settlements," but it cannot be emphasized enough.

Hotel Lawyer: How does the Supreme Court's Google v. Oracle case impact the hotel industry?
Hotel Lawyer: How does the Supreme Court's Google v. Oracle case impact the hotel industry?

Hotel Law Blog · 16 Apr

The recent ruling in Google v. Oracle has altered the definition of “fair use” when it comes to functional works such as code. While the use of exist

Five Essentials For Present Day Hotel Operations
Five Essentials For Present Day Hotel Operations — By Antoine Berberi

Cayuga Hospitality Consultants · 16 Apr

It has been one year since the historical COVID-19 pandemic made its debut, affecting the entire population and economies around the world. It is evident that out of all the industries negatively affected by this economic tsunami, the hospitality industry has been, and will most likely remain, the most impacted and the slowest to recover.

Ramping up Hotel Internal Controls Post-Pandemic
Ramping up Hotel Internal Controls Post-Pandemic

HFTP Connect · 14 Apr

With two major “black swan” events within 12 years of each other, we can learn from the 2008 financial crisis to help ensure internal controls and bu

HRS Korea Signs Memorandum of Understanding with Asset Management Company, Emerson AMC
HRS Korea Signs Memorandum of Understanding with Asset Management Company, Emerson AMC

HRS Hospitality & Retail Systems · 14 Apr

A Memorandum of Understanding (MOU) has been signed between HRS Hospitality & Retail Systems (HRS) and Emerson AMC on 31 March 2021 in South Korea. T

M3 Welcomes Sage Hotel Management to Growing Customer Base
M3 Welcomes Sage Hotel Management to Growing Customer Base

M3 · 13 Apr

Today, M3, the hospitality sector's #1 cloud-based accounting, financial reporting and data management platform in North America, announced the addit

Why Now Is The Best Time To Finance
Why Now Is The Best Time To Finance — By Dr. Donald W. Wise

Strategic Solution Partners · 13 Apr

Winter is officially over, and although the capital markets for hotel and resort refinance, acquisition and new-build construction lending have been frozen, they have been stealthily thawing out since the first of the year.

What To Do About Hospitality Commercial Insurance Due To COVID-19
What To Do About Hospitality Commercial Insurance Due To COVID-19 — By Thomas Cleary

Cayuga Hospitality Consultants · 12 Apr

First and foremost, should you pursue an insurance claim? YES! The first step in this process is filing your initial claim.

Hotel Lawyer: New rules for anti-money laundering compliance? FinCEN seeks comments on new Federal Anti-Money Laundering Law
Hotel Lawyer: New rules for anti-money laundering compliance? FinCEN seeks comments on new Federal Anti-Money Laundering Law — By Jim Butler, Vince Farhat, Samuel Buchman

JMBM · 9 Apr

The Treasury Department's Financial Crimes Enforcement Network (FinCEN) is currently accepting public comments on a provision in the recently enacted Corporate Transparency Act (CTA) which requires some privately-held business entities to disclose ownership information directly to a law enforcement agency. Interested parties should consider commenting before the May 5th deadline, and companies who may be impacted should take this opportunity to review their anti-money laundering compliance programs. Vince Farhat and Samuel Buchman of JMBM's White Collar Defense and Investigations Group have written an article detailing this legislation below.

Hotel Lawyer: New rules for anti-money laundering compliance? FinCEN seeks comments on new Federal Anti-Money Laundering Law.
Hotel Lawyer: New rules for anti-money laundering compliance? FinCEN seeks comments on new Federal Anti-Money Laundering Law.

Hotel Law Blog · 8 Apr

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is currently accepting public comments on a provision in the recently enacted

The Night Audit & All You Need To Know About It
The Night Audit & All You Need To Know About It

Hotel Speak... Talking Hotels · 7 Apr

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

Night Audit And All You Need To Know About It
Night Audit And All You Need To Know About It

Hotelogix · 7 Apr

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

ProfitSword Unveils Advanced Mobile App-based Business Intelligence Functionality
ProfitSword Unveils Advanced Mobile App-based Business Intelligence Functionality

ProfitSword · 6 Apr

ProfitSword, a premier developer of business intelligence and data integration software, has today announced the launch of a mobile app that integrat

Today's Hotelier: Transfers of franchise agreements
Today's Hotelier: Transfers of franchise agreements

Hotel Law Blog · 5 Apr

5 April 2021 See how JMBM's Global Hospitality Group(r) can help you. Bob Braun recently wrote an article for Today's Hotelier on the issues hotel ow

International Demand In Europe Unlikely To Return Until 2024
International Demand In Europe Unlikely To Return Until 2024

CoStar Group, Inc. · 31 Mar

International hotel overnights and business in Europe likely will not recover until 2024, while domestic demand will likely lead the way in 2021, as