financials

Hotel Demand and GDP Have a Strong Correlation and That’s a Problem

Most agree the recovery could be longer. Though GDP historically correlated to hotel demand, this time around it may have nothing to do with the economy

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Budget Season Is Here and the Gloves Are Off

With smart, proactive planning, owners and operators alike will emerge from budget season feeling like champions, ready to face the battles ahead

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Global Hotel Profit Performance Sticks to Script

Perhaps no industry is impacted more by COVID-19 than the hotel industry, when movement is impeded it leaves a black stain on hotel revenue and profit

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How to Calculate and Monitor Your Break Even Point

As hotels re-open, it is crucial they’re mindful of their Break Even Point (BEP) to understand cost levels and determine what RevPAR is necessary to open

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Breaking Even and the 5 Stages of Grief

The first break-even analysis we ran focused on total revenue, taking into account not only revenue generated from rooms, but also ancillary revenue

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Forecasting in a Time of Unknowns

With the advent of the ‘new normal’, hotel owners and operators must begin considering the various financial and operational scenarios in their forecasting

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Fragile U.S. Hotel Industry Records Monthly Performance Gains

Hotel occupancy and room rate in May did climb 4 percentage points and 5%, respectively, from April, helped out in some way by Memorial Day Weekend travel

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As Europe’s COVID Cases Relent, Hotels Ready for Business Bounce

European hotels breathed a sigh of relief in early May when the ECDC announced Europe had passed the peak of coronavirus infections. Now comes the hard part

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Case Surge Could Derail Middle East Hotel Momentum

Middle East Hotel performance momentum could be blunted over resurfacing of more cases across region and some governments unwillingness to shut back down

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Asia-Pacific Hotels Post Monthly Performance Gains

Despite top-line growth, hotels in APAC were able to avoid cost creep and managed to reduce labor costs and overheads by 6.7% and 1.3%, respectively

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