Home / Finance + Development / Finance / Market Reports

Category Archives: Market Reports

Feed Subscription

Jones Lang LaSalle: New York Hotel Market Overview

Jones Lang LaSalle: New York Hotel Market Overview

The New York lodging sector is among the highest performing markets in the world. Hotel occupancy among upper-tier hotels went nearly uninterrupted during the economic downturn, and, as a result, RevPAR increases have been driven mostly by rate growth, says ...

Read More »

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 ...

Read More »

Hoteliers Continue to be Sharp with Budgeting Accuracy

Hoteliers Continue to be Sharp with Budgeting Accuracy

It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive year, management’s projections of revenues, expenses, and profits contained in their budgets have been extremely accurate. ...

Read More »

Strong Performance Enables Hoteliers to Reduce Discounting

Strong Performance Enables Hoteliers to Reduce Discounting

NEW YORK—Hotels in major North American markets are continuing to experience solid growth in both rate and occupancy across all travel segments, according to data from the September 2014 TravelClick North American Hospitality Review (NAHR). This sustained growth is enabling ...

Read More »
Scroll To Top