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Decade-Long Hotel Strike Ends in Chicago

Decade-Long Hotel Strike Ends in Chicago

Chicago, Ill.—After nearly a decade of picketing outside of the Congress Plaza Hotel in Chicago, Unite Here Local 1, the union representing Chicago’s hospitality workers, has announced the end of the strike. The 10-year protest marks one of the longest ...

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Pet-Friendly Hotels Prove Profitable

Pet-Friendly Hotels Prove Profitable

It’s the Friday before the Westminster Kennel Club dog show, and the lobby of New York’s pet-friendly Hotel Pennsylvania is like a madhouse. Everywhere you turn, there are purebred canines strutting around the lobby with their doting owners: a mammoth, ...

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Understanding Terrorism Insurance

Understanding Terrorism Insurance

Managing risk is a key component in the operational and financing strategies of most businesses today. Risk managers at large companies often have a direct line to the CEO and COO, playing a lead role in the profitability of the ...

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Boston Hotels Stay Strong After Bombing

Boston Hotels Stay Strong After Bombing

Located on the corner of Boylston and Exeter Streets, the Lenox Hotel had a front row seat to the Boston Marathon bombings on April 15. Law enforcement officials evacuated the 214-room property shortly after the blasts and the entire area ...

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PKF: Hotels Struggle to Grow Other Revenue Sources

ATLANTA, Ga.—Now that the national hotel occupancy rate is approaching its long run averages and scarcity has returned in certain markets and property types, guests have to pay more to rent rooms. However, after the guests have checked in, managers ...

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