The Growth Mindset: Three Tips for New Revenue Managers
Finding the right revenue manager to match a hotel’s organization requires more than a strong knowledge of the inner workings of the hospitality industry;...
Protecting Assets: Positioning Hotel Sales Teams for Success
It is time for ownership and management groups who have been 100-percent focused on operational issues and cost management to start rebuilding their sales...
Four Reasons to Build Revenue Management Strategies for Spa Outlets
Revenue management for hotel guestrooms has been an important part of property strategies for decades. Other outlets—like spas, restaurants, sportsbooks, pools, and retail shops—are...
Hotel Owners With CMBS Debt Who Deferred Payments in 2020 Might Face Dilemma
Most hotel owners received some type of forbearance on their loan payments due to the COVID-19 virus. Along with government assistance, this allowed the...
Automated RMS Can Help Hoteliers Prepare for Upticks in Travel
The hospitality industry is seeing an uptick in travel activity for the first time since lockdowns began in 2020. Expected high occupancy might be...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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