Why There Is More Than Just Analyzing RevPAR Index
Why There Is More Than Just Analyzing RevPAR Index — By Laura Resco

HotStats Limited · 15 Aug

Financial performance in the hospitality industry is traditionally measured in absolute terms: actuals for the relevant KPIs are compared against their budgeted numbers and, from this assessment, action plans are developed to correct course when needed. Moreover, in the presence of changes in market conditions, budgets are revised to make goals reflect the new business environment.

Ashford sells 2 hotels for $37.8M
Ashford sells 2 hotels for $37.8M

Hotel Management · 15 Aug

Ashford Hospitality Trust sold a 156-room Courtyard by Marriott in Savannah, Ga., and a 128-room Hilton Garden Inn in Wisconsin Dells, Wis.

Hospitality Brands Go All-In on the Sleep Movement

skift.com - Hotels · 15 Aug

As our Skift Megatrend 2019 forecasted, wellness is the new hook in travel marketing, and it's been gaining speed. The rise of wellness culture has m

SEC Freezes Accounts of Digital Token Promoter

CFO Magazine · 14 Aug

The Securities and Exchange Commission announced fraud charges against Reginald Middleton, a self-described “financial guru,” and two entities he con

WeWork IPO Filing Reveals Massive Loss Last Year

CFO Magazine · 14 Aug

WeWork’s parent company The We Company filed to raise $1 billion in an initial public offering on Wednesday, revealing revenues of $1.54 billion and

Marriott Goes All In(clusive)
Marriott Goes All In(clusive)

Hotel Interactive · 14 Aug

Burgeoning Segment Offers Major U.S. Brands Potential New Avenue Of Growth.

Moda Momentum: Wyndham Announces 5 New Microtel Deals

Lodging Magazine · 14 Aug

Microtel by Wyndham today announced an agreement with developer Pete Patel for five new properties under the brand's new Moda prototype, which is des

Puff, Puff, Plan Your Marijuana Policy for Events
Puff, Puff, Plan Your Marijuana Policy for Events

Smart Meetings · 14 Aug

Marijuana has been a hot social and political topic for quite some time now. As a meeting or event planner, it's not likely in the forefront of your

Potbelly Sandwich Shop Partners with DoorDash
Potbelly Sandwich Shop Partners with DoorDash

Hospitality Technology Magazine · 14 Aug

Potbelly Sandwich Works is available nationwide on DoorDash.

HCN Navigator Driving ‘Profit at First Touch’ for Hotels
HCN Navigator Driving ‘Profit at First Touch’ for Hotels

HCN The Hotel Communication Network Inc. · 13 Aug

One of the top challenges hindering hotels' technology strategies in 2019 is the "inability to derive ROI for technology rollouts," a recent 2019 stu

Karas Hotel Advisors Announces Completion Of Unique Assignments

Lodging Magazine · 13 Aug

L.K. Eric Prevette and Carlos C. Lopes, principals of KARAS Luxury Hotel Advisors, recently completed two unique assignments in the Caribbean and San

CFO Compensation in the Gaming Industry
CFO Compensation in the Gaming Industry — By Keith Kefgen

AETHOS Consulting Group · 13 Aug

The CFO is typically the second most important role in a public company behind the CEO. That is clearly the case in the gaming industry. As most industry leaders know, AETHOS conducts a study of gaming CEO pay each year, so we decided to look at the state of CFO pay as well. Our analysis included 33 public gaming companies, that includes operators and manufacturers. The data represents CFO total direct compensation, including base salary, short and long-term incentives and other pay, reported in percentile format and includes cuts at the 25th, 50th and 75th percentiles for each component of compensation. The raw data is provided here.

Deadly Legionnaires' outbreak at Atlanta hotel a "nationwide problem," attorney says
Deadly Legionnaires' outbreak at Atlanta hotel a "nationwide problem," attorney says

cbsnews.com · 13 Aug

A widespread outbreak of Legionnaires' disease has killed one person and sickened possibly dozens of others who were all guests at the Sheraton Atlan

Accecnture assists Radisson to transforms sales and operations in the Americas

eHotelier.com · 13 Aug

The new platform helps to effectively drive sales growth while ensuring standardized and efficient operations.

South Korea's Mirae could acquire Anbang's U.S. hotel assets
South Korea's Mirae could acquire Anbang's U.S. hotel assets

Hotel Management · 12 Aug

Mirae Asset Financial Group is emerging as the top bidder to acquire 15 of the Chinese insurance giant's luxury hotels across the United States.

TraknProtect Partners with Illinois Hospitality as Safety Button Legislation Passes for Statewide Adoption
TraknProtect Partners with Illinois Hospitality as Safety Button Legislation Passes for Statewide Adoption

TraknProtect · 12 Aug

With the signing into law of the Illinois Hotel and Casino Safety Act this past Friday, TraknProtect, a pioneer of location-based technology purpose-

Are CFOs Naive on Cyber Insurance Value?
Are CFOs Naive on Cyber Insurance Value?

CFO Magazine · 12 Aug

Most senior finance executives at large companies believe that cyber insurance would cover most or all of the losses their company would incur in a c

The CEO and CFO Pairing That Makes Mergers More Successful
The CEO and CFO Pairing That Makes Mergers More Successful

harvardbusiness.org · 12 Aug

Research finds optimism and pessimism play an important role.

A Trio of Hotel Finance Deals

hotelbusiness.com · 12 Aug

What's going on in the industry's financing world? Lenders are giving, and one firm has expanded into property assessed clean energy (PAC) lending.

Right Place, Right Time

Hotel Interactive · 12 Aug

Looking to accelerate its growth and fully leverage its extensive development experience, long-time owner/operator McKibbon Hospitality recently unve

Hospitality Financial Leadership - Service Takes Many Different Forms in Hospitality
Hospitality Financial Leadership - Service Takes Many Different Forms in Hospitality — By David Lund

The Hotel Financial Coach · 12 Aug

"If Service is Beneath You - Then Leadership is Beyond You." I cannot find an owner on Google for this statement, so I am going to claim it as mine. If someone already coined this phrase I will let it go, if not it is mine. The reason why is because it is the foundation for the transformation I experienced as a financial leader. It is also the basis for the work I do with hospitality financial leaders and their non-financial departmental managers. Let me explain to you what I mean and how these words are the very essence of creating a financially engaged team in your hotel.

Is your hotel prepared for the California Consumer Privacy Act?
Is your hotel prepared for the California Consumer Privacy Act? — By Nate Lane

Travel Tripper/Pegasus · 12 Aug

A raft of new data privacy laws have come into force over the past few years, and many have had a major impact on the hospitality industry. This January, hotels need to be aware of another piece of legislation — the California Consumer Privacy Act (CCPA).

10 Ways to Reduce Employee Fraud
10 Ways to Reduce Employee Fraud

Hospitality Technology Magazine · 12 Aug

Restaurants can use these tips to help deter theft and fraud at the POS.

Princess Cruises Announces the Addition of MedallionNet to Six More Ships in 2020
Princess Cruises Announces the Addition of MedallionNet to Six More Ships in 2020

Hospitality Technology Magazine · 12 Aug

Implementing the new Wi-Fi platform will give guests fast, reliable, unlimited Internet service.

Why Moving Accounting to the Cloud Is a Game-Changer for Hospitality Franchises
Why Moving Accounting to the Cloud Is a Game-Changer for Hospitality Franchises

Hospitality Technology Magazine · 12 Aug

A cloud-based system opens up a range of accounting functions to the entire finance team to foster greater collaboration, increased accuracy, and fas

Google Maps adds new travel features, including price guarantee

hotelmarketing.com · 12 Aug

Google announced new Google Maps travel features and also promised to show you the best prices for that travel or your money back.