Going Green! How Hotels Are Reducing Their Carbon Footprint and Saving Money
Environmental consciousness is not a new trend—in fact, it is at the forefront of the minds of more and more consumers every day. Smart businesses, including hotels, pay attention to what interests their customers and act accordingly. Whether you have recently become an owner through a hotel sale or you are working to market your […]
5 Ways Hotel Owners Can Improve OTA Reviews
You’re in the market to buy a hotel—maybe a smaller hotel listed for sale by the owner. One of the first things you’re going to do is check out the available reviews for the property, including the OTA (Online Travel Agency) ratings. Reviews can make or break any business, and the hotel industry is no […]
The Art of Depreciation and Refinancing Hotels
If you are looking to build property, market figures indicate that this is not a good time. If you want to refinance a property, though, then that is a different story. With plenty of loans available for existing hotels as fundamentals remain steady, this may be the best time to acquire that hotel you’ve been […]
U.S. Travel and Hospitality Outlook—2019
As we move forward into 2019, investors in hospitality and lodging want an idea of what they can expect. It’s important for hotel investors to understand predictions in the travel industry altogether to prepare for changes in their sector specifically. Deloitte’s 2019 U.S. Travel and Hospitality outlook gives investors a clearer look into this year. […]
Why Hotel Investors Should Be Using Opportunity Zones
The Opportunity Zones program may pose some limitations, but it brings seriously lucrative tax benefits to the table for hotel owners and investors who may have projects in the right location. With more and more investors thinking about taking advantage of the benefits brought on by the program, here’s why you should start giving serious […]