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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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Wyndham Brand Expands in Florida with Jupiter Hotel

Wyndham Brand Expands in Florida with Jupiter Hotel

PARSIPPANY, N.J.—Wyndham Hotel Group expanded the footprint of its upscale Wyndham Hotels and Resorts brand in Florida with the opening of the newly constructed, 179-room Wyndham Grand Jupiter at Harbourside Place, the brand’s fourth Wyndham Grand property in the state. ...

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Starwood Hotels & Resorts Sells St. Regis, Rome

Starwood Hotels & Resorts Sells St. Regis, Rome

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide Inc. has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for approximately $150.7 million. Starwood will continue to operate the hotel under the St. Regis brand flag as part of ...

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