financials

Changes in rooms revenue per available room (RevPAR), and RevPAR penetration receive a lot of attention from hotel managers.  This is because the monies hotels receive from renting guest rooms […]

The desire to run a successful, sustainable business is the driving force behind the actions of any hotelier or hospitality industry professional. My job as CEO of Magnuson Hotels is […]

When is Google finally going to tie all of its travel products together and become an online travel agency to rival Expedia, the Priceline Group and, increasingly, Ctrip? Not anytime […]

NB: This is an article by HeBSdigital At the recent Lodging Conference in Phoenix, AZ both STR and CBRE projected a rather bleak picture of where the industry is heading […]

The hospitality industry is expanding rapidly. Hotel companies break ground on new build projects every week. Many operators are renovating older properties and reopening them as new brands from Marriott, […]

  Airbnb rentals in Illinois will be getting more expensive next month. Beginning Jan. 15, the San Francisco-based home-rental platform will collect and remit on behalf of its hosts the […]

2016 promises to be the most profitable year our industry has ever seen due to strong rate growth, minimal supply impact, low interest rates and oil prices, and a somewhat […]

Carlson Rezidor: Like-for-like RevPAR for leased and managed hotels was up by 8.7 percent. The growth, which is the highest since Q3 2010, is due to an increase in average […]

Overall fundamentals look good for Japan, and most people in the industry expect strong performance ahead. Most main stakeholders in the Japanese hospitality industry remain positive about market conditions across […]

The PPHE Hotel Group has announced a strong overall performance in its financial results for the first half of the year, including a boosted revenue but a fall in profit […]