“It’s the third time this year your lender has ‘updated’ their DSCR requirement – and the new number turns your refinance from green light to...
As new hotel construction slows to its lowest pace since 2016, hotel conversion projects have emerged as one of the most practical, cost-effective paths to...
As we move deeper into 2025, a dramatic shift in traveler behavior is transforming the hospitality landscape. Predictable booking patterns and brand loyalty are giving...
As Wall Street’s caution becomes Main Street’s opportunity, hoteliers need to think strategically. With revenue growth faltering and costs staying stubbornly high, now is the...
Years ago, people asked friends, family, or even co-workers for recommendations on the best hotels. Those days, however, are over. Most people turn to online...
When was the last time you renovated your hotel? Even if your property has recently been refreshed, you may have missed some important areas. Hotel...
The hospitality industry expertly straddles the line between embracing cutting-edge technology and preserving timeless traditions. At the heart of this delicate balance is the guest...
Development sites stand out as they have already been earmarked for new construction or extensive renovation of an existing hotel. Unlike regular hotel listings, these...
Both fully legal and undocumented immigrants play a major role in keeping hotels, restaurants, and other businesses in the hospitality industry running efficiently, which means...
Electric vehicles are quickly gaining popularity, which means there is an increasing need to charge them while traveling. This trend can significantly impact hotels, especially...
In 2024, about 22.8% of employees, or 35.13 million people work remotely. It’s no surprise that the remote industry is growing in popularity. Remote work...
As more people become aware of the potential environmental impact of travel, sustainable tourism continues to rise in importance and prevalence. Today’s travelers want to...
The real estate market is a constantly evolving landscape of supply and demand. Adaptive reuse is the key to meeting that changing demand by transforming...
Every market in the world is ruled by the law of supply and demand. Prices are set based on the inverse ratio between the two....
Artificial intelligence (AI) is the technology advancement seemingly on the tip of everyone’s tongue across all industries. Yet, hospitality depends heavily on human interaction and...
Big hotel brands are often ideally positioned to capture traffic and improve customer service options. They have larger budgets for marketing, guest support, and more....
Falling behind on property taxes can be a stressful situation. However, there are steps you can take to address the issue and prevent further consequences...
Boutique hotels are a unique lodging option. Unlike many hotel chains, which may have hundreds or even thousands of rooms, boutiques are usually smaller, with...
Guest expectations are constantly evolving in the hospitality industry, and the competition is fierce. In the past, hotel loyalty programs have been a cornerstone of...
The impacts of the COVID-19 pandemic cut across industries and sectors. However, the hotel industry bore the greatest brunt of the pandemic. From travel restrictions...
In the hospitality market, extended-stay hotel construction is booming. Lodgings Econometrics reports that over 1/3 of all hospitality constructions in Q1 of 2024 were extended...
With the summer months approaching, hotels everywhere are looking to accommodate guests properly during the rising temperatures. Food and beverage trends in the hotel industry...
As a hotel owner or manager, your goal is to attract more travelers and improve your occupancy rate. Each year, guests seek new and unique...
In a world where tourism is growing tremendously, establishing sustainable local sourcing in the hospitality industry is no longer an option. The dire repercussions of...