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Haunted Hotels Scare Up Business

Haunted Hotels Scare Up Business

Things that go bump in the night, appear out of nowhere in 1930s-era housekeeping garb, or unexpectedly tie towels in a knot while guests sleep can mean big business for properties that actively market themselves as haunted. By offering year-round ...

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Here’s What’s Driving Growth at Choice Hotels

Here’s What’s Driving Growth at Choice Hotels

Like so many other hotel companies, Choice Hotels is having a great year, with several initiatives driving the company’s ongoing transformation. In last week’s earnings call Choice Choice reported a system-wide RevPAR increase of 8.8 percent for the third quarter ...

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All-Inclusive Industry is an Attractive Investment Option

All-Inclusive Industry is an Attractive Investment Option

The all-inclusive industry continues to grow, making it an attractive investment option for U.S.-based owners. As more travelers seek convenience and added value, all-inclusive resorts have been attracting approximately 12 to 12.5 million Americans per year, says Alex Zozaya, CEO ...

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Examining Hotel Labor Costs

Examining Hotel Labor Costs

As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent of total hotel revenue. In 2013, labor costs represented 32.3 percent of total revenue, down from ...

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