Tag: budget
Budget Distributions: Investing in Teams and Technology
As the world enters 2022, many hotel ownership groups are directing marketing budgets to remain flat compared to 2021. With most media costs higher,...
Budgeting for Mobile Key: Operating Expense or Capital Expenditure?
Mobile keyless entry is becoming a hotel industry standard. Every major hotel brand has a mobile key initiative in place. From REITs to independent...
Hoteliers Overestimated 2016 Performance
From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth. Over the six-year period, total operating revenue increased at a...
AHLA Stands Up for Brand USA
Since the Trump Administration first released their 2018 budget proposal, the U.S. travel industry has balked at the Administration's intention to eliminate funding for...
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...