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Hot Outlook for Hotels During the Winter Months

Hot Outlook for Hotels During the Winter Months

NEW YORK—Hotels in major North American markets are continuing to experience steady growth in both rate and occupancy across all travel segments, according to data from the August 2014 TravelClick North American Hospitality Review (NAHR). “While summer may be coming ...

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Commune Hotels & Resorts to Bring Thompson Hotel to Nashville

Commune Hotels & Resorts to Bring Thompson Hotel to Nashville

SAN FRANCISCO, Calif.—Commune Hotels & Resorts continues to strategically expand the portfolio of Thompson Hotels in the country’s fastest growing cities. The lifestyle hotel brand is being ushered into Nashville by MarketStreet Enterprises, the master developer of Music City’s The ...

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Ask Anthony: Is Airbnb Hurting Hotels?

Ask Anthony: Is Airbnb Hurting Hotels?

Anthony Melchiorri, hotel fixer and host of Travel Channel’s Hotel Impossible, loves dishing out advice. From sharing best practices to tackling operational issues, he’s here to answer your questions. What’s your take on Airbnb, and is it hurting hotels? A ...

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PKF: Caribbean Hotels Steadily Improving

PKF: Caribbean Hotels Steadily Improving

ATLANTA—PKF Consulting USA (PKFC), a CBRE company, announced today that the average Caribbean hotel enjoyed an 18.6 percent increase in net operating income (NOI) during 2013, according to its newly released 2014 edition of Caribbean Trends in the Hotel Industry. This ...

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Revenue Acquisition Costs Outpaced Hotel Revenue Growth

Revenue Acquisition Costs Outpaced Hotel Revenue Growth

BOSTON—Officials of the Hospitality Asset Managers Association (HAMA) today announced the results of a multi-year study that demonstrates that revenue acquisition costs outpaced hotel revenue growth from 2009 through 2012. The results were presented in “The Rising Costs of Customer ...

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