By Larry Mogelonsky
During the 2008-09 economic downturn, even though the future of most hotels was uncertain, the corrective actions for such times of hardship were not. Properties across the board responded to lower occupancies and tightening of travelers’ purse strings by cutting costs in whichever way would balance the budget. Now, however, it would seem as though we are confronted with a mercurial problem, that of a flattening of pace.
By Kayleigh Kulp, CNBC
Splurging on a luxury hotel stay is one thing, ponying up for access to a club lounge is another.
For example, the club lounge at the Ritz-Carlton in New Orleans is marketed as "a boutique hotel within a hotel." There is a buffet-style, staffed restaurant that serves full meals, champagne, wine, beer and cocktails all day, private areas for conducting meetings with comfortable seating, complimentary newspapers and a private concierge service.
By Elliot Mest
Nobody is certain about what 2017 holds for hotels, with projections for occupancy and rate ranging anywhere from near-record levels to completely flat. But one common thread throughout 2016 that is projected to continue to give the industry strength in the coming year is the group-booking sector.
By Elliott Mest, Jena Tesse Fox
Donald J. Trump is the 45th President of the United States of America. The average American’s reaction has been far from subdued; poll your personal social media outlets to see equal parts elation and woe, but the hospitality industry is taking a shot at optimism.
By Maeve Walls
What should revenue management decisions be based on? Revenue management decisions, at their core, must be based on data.
It’s all too easy for your potential guests to be over whelmed when they’re visiting dozens of websites and looking at hundreds of hotels. When they get to your website, make sure it’s a haven of carefully-selected images, content and rate plans.
By Glenn Haussman
While many are enjoying the fruits of this up market, there are those constantly in panic mode. It’s the type of trepidation that prevents them from fully enjoying the current state of the industry.
By Andrew Sheivachman, Hannah Sampson and Deanna Ting, Skift
As the Zika virus has spread from Brazil to Latin America, the Caribbean, and now South Florida, alarm has been raised in the media about the very real danger the virus poses to women who are pregnant or may become pregnant.
With its Stock at Less than $1 a Share, Condor Hospitality Hopes Shift to Swankier Digs Will Give it a Lift
By Steve Jordon, Omaha World-Herald
Condor Hospitality Trust’s stock price isn’t soaring like its namesake.
By Danielle Hess
Hoteliers in the San Francisco area are expecting high occupancy for Super Bowl weekend, but it’s still unclear how that will translate in revenue.