How to Make Your Hotel Recession-Proof

Whether or not we are poised for a recession by 2021 is the subject of much debate but we seem to be trending in that direction. In the wake of the coronavirus, the Federal Reserve just cut interest rates to 0% – a 50-year low. With coronavirus headlines changing by the hour, Bloomberg Economics most […]

Tax Incentives for Opportunity Zones: a Brief Introduction

Hotel investors are taking advantage of opportunity zones, and rightly so. Opportunity zones are a win-win for both low-income neighborhoods and investors, which is why the government has created some major tax incentives for them. Want to learn more? Read Congressional Research Service’s briefing of tax incentives for opportunity zones here. Ready to invest in […]

For in-Room Technology, Look to the Living Room

Connected technology is quickly becoming the newest addition to hotel guest rooms. By investing in multiple device integration with in-room technology, hotels will start to see the benefit of building a technology ecosystem, one that’s going to improve guests and the hoteliers both in the long term. Intertwined Technology As more and more of in-room […]

Deloitte: CFOs Anticipating a Slowdown, but Not a Recession

  While the economic outlook continues to be positive, the CFO Signals points out expectations for a slow-down by the end of 2020, one that could lead to the softening of lodging-industry fundamentals in the short term. Not a Recession Expectations run to a deceleration of U.S. economic activity by the end of 2020. However, […]

Transforming a Hotel into a Lifestyle Brand

When it comes to selling services or products, it’s nothing new that you, as the owner, would want to turn it into a brand that people from different parts of the world would recognize. This happens even to those who own property assets such as hotels. You’d want your accommodation to be so remarkable that […]

Marriott to Open More Than 1,700 Hotels by 2021

Hotel Property For Sale

Hotel giant Marriott outlined a three-year plan to launch more than 1,700 hotels all over the globe. They also aim to return up to $11 billion to shareholders and intend to make a full-year profit of about $8.50 per share by the time 2021 rolls in. Closer Look into The Numbers The brand already owns […]

Accurate Forecasts for Hotel Revenue

Hotel Business For Sale

Accurate forecasts are an essential part of revenue management for hotels. Property owners who have adopted a more holistic approach to revenue strategy will find that it makes it easier to align departments when the data, goals, and metrics are on the same page. Improving Forecasts Aside from a holistic approach, one way to ensure […]

5 Major Hotel Trends for 2019

Hotel For Sale By Owner

Hotel ownership is an excellent revenue source. If you’re looking for ways to diversify your portfolio, then investing in a hotel property can be the right financial decision for you. Before you talk to your hotel brokers, read up on the following major hotel trends for the year. This can influence you in the kind […]

U.S. Department of Labor Releases New Overtime Rule

Hotel Business For Sale

More American workers may qualify for overtime pay this year. Under the current enforced law, only employees with a salary below $455 every week are eligible for overtime pay if they work more than 40 hours a week. The Notice of Proposed Rulemaking announced by the U.S. Department of Labor may make that happen. What […]

Standard Hotel Group Raises $5m For New App

Hotel Brokerage

The Standard International’s hotels have always been a byword for trendy rooms and late-night party spots. Now, it sets to add incubator to its list of accomplishments, as Standard Hotels launches a one-night booking app. Not Pay-Per-Minute The mobile app was launched in 2016 and has a list containing over 200 hotels open for clients […]

Global Hotel Investment Volume Prediction: $67B

Global Hotel Investment

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, […]