U.S. Hotel Profit Growth Bounces Back in November After Downward Blip
A negative profit turn for U.S. hotels in October gave way to robust growth in November as GOPPAR climbed 6.1 percent year-over-year (YOY), the second-highest increase of 2019, according to data from HotStats. While strong in November 2019, year-to-date (YTD) profit growth was somewhat muted-up just 0.3 percent.
Owners, operators on how to stay profitable in 2020
As 2020 begins, owners, operators and asset managers share strategies for coming out on top in terms of driving profitability after a tough year of slowed economic growth and increased costs.
Four Hotel Technology Predictions for 2020
The new year and new decade will likely bring even greater advancements in hotel technology across both guest-facing and back-of-the-house applications.
Safety and Security Now Are Top Priorities for Meeting Planners
Hotel News Resource
Of all the issues that meeting planners consider when selecting an event venue, safety and security now are top priorities, according to a 2019 Destination Meeting Assessment Program survey conducted by Smith Travel Research.