Global Hotel Investment Volume Prediction: $67B
Global Hotel Investment Volume Prediction: $67B Could 2019 possibly be the year for hotel investments? Studies say, yes. The market is ripe for the hotel industry, which makes it the perfect time to start investing in properties. There are plenty of opportunities for investment, given the rise in capital flows from all over the world, […]
2018’s Hotel Profit Plunge
Has business been feeling slow lately? Despite the influx of customers, has it been more difficult to breakeven? Don’t worry. You’re not alone. 2018 wasn’t a good year for business, particularly in the hotel industry. Recent statistics show that there was a hotel profit plunge by at least 5%. The factors which led to the […]
Hospitality at its Finest – How Hotel Owners Can Strengthen Employee Engagement
The key components to helping a business succeed in the hospitality industry is a smart financial plan, a solid background in the business, and perhaps most importantly, a stellar staff. Having employees who know how to do their jobs and excel at them pays off more than you might even realize. Here are a few […]
Five Things Every Hotel Lender Wished Borrowers Did
Now is the best time to refinance hotels. But while conditions are ripe for borrowers, that does not automatically mean that your application will be approved. Before you go to a lender, here are five things you should do—or what are essentially five things every hotel lender wants you to do before you submit your […]
Weathering Hotel Downturn – Are You Prepared?
The time to prepare for a flat tire is not after running over a nail. The same can be said for those who run hotels—the time to prepare for a downturn is right now. By the time a financial or economic downturn happens to your business, it is too late to begin planning how to […]