Home / Author Archives: Robert Mandelbaum and Gary McDade

Author Archives: Robert Mandelbaum and Gary McDade

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U.S. Hotels in Profitable Portion of Recovery Cycle

U.S. Hotels in Profitable Portion of Recovery Cycle

Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in net operating income (NOI) during the year. Looking forward, the combination of rising average daily rates ...

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Hotels Continue to Invest in People and Technology

Hotels Continue to Invest in People and Technology

The introduction of technology has influenced the duties of on-site hotel sales personnel over the years. The Internet, sophisticated revenue management programs, and social media provide marketing professionals with an array of new tools. Investment in technology is often justified ...

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Powering Down: Hotels Are Controlling Utility Costs

Powering Down: Hotels Are Controlling Utility Costs

According to the 2013 edition of PKF’s Trends in the Hotel Industry report, total operating expenses for the average U.S. hotel increased by 3.3 percent in 2012. During the year, all major expense categories posted an increase from 2011 except ...

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Shift in Hotel Retail Impacts Revenues and Profits

Shift in Hotel Retail Impacts Revenues and Profits

Hotels provide retail operations primarily for guest convenience and satisfaction and, in general, are only a small part of total hotel revenue. For the properties in PKF’s Trends in the Hotel Industry database, retail sales made up just 0.9 percent ...

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