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Lexington by Vantage Developing New Hotel in Illinois

Lexington by Vantage Developing New Hotel in Illinois

CLEVELAND– Lexington by Vantage, a collection of inns, hotels and suites, has announced new hotel development plans for a Lexington Inn & Suites in Effingham, Ill. The Lexington Inn & Suites in Effingham, Ill. is under construction with an expected ...

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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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