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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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Hotel-OTA Relationships a Hot Topic at AAHOA Convention

Hotel-OTA Relationships a Hot Topic at AAHOA Convention

The hotel industry’s love-hate relationship with online travel agencies was a hot topic during a CEO panel at the Asian American Hotel Owners Association annual convention last week in Philadelphia. As distribution costs continue to rise, hotel companies are challenged ...

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Reauthorization of the Terrorism Risk Insurance Act

Reauthorization of the Terrorism Risk Insurance Act

Prior to the terrorist attacks of Sept. 11, 2001, insurance companies in the United States routinely provided coverage for losses caused by acts of terror. However, after the devastating losses suffered from the events of 9/11, including several hotels in ...

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