Stories
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Looking For Labor
By Steve Pike Thirteen months ago, the hospitality industry—from luxury resorts to mom-and-pop restaurants—was letting go of employees as a result of the COVID-19 pandemic. Now in the middle of Spring 2021 and with a potentially strong summer on the…
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Survey Says…
There are a number of signs of optimism for a lodging industry rebound sooner than later, according to a recent survey released by the Hospitality Asset Managers Association (HAMA). In addition to performance forecasts for this year, topics covered in…
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How An Integrated PMS Helps Grow TRevPAR
In case you need a refresher on your acronyms, TRevPAR stands for total revenue per available room. The key difference between it and RevPAR is that it takes into account all other outlet purchases from each guest to give a…
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All Part Of The Plan
NEWTON, MA–Describing domestic franchising as a “when, not if” proposition all along, Sonesta International Hotels Corp. President and CEO Carlos Flores detailed the company’s recent launch of a global hotel franchising organization as well as its growth strategies going forward.…
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The Power Of Pent-Up Demand
Citing pent-up demand for travel and increased future bookings, as well as a recent uptick in performance, a trio of hotel executives expressed optimism about a lodging industry recovery occurring sooner than later. Speaking on a panel entitled “Executive Outlook:…
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Reaping The Rewards
For more than a decade Distinctive Hospitality Group (DHG) has made a habit of being proactive with its portfolio consistently reinvesting in its unique, high-end hotels. This strategy has served the company well in general, but even more so during…