The global recession has transformed the landscape of the Canadian hospitality industry, and it has had a drastic impact on the development of new hotels in the country.
Steve Rushmore's August 2011 column in Lodging Hospitality magazine.
Prevalent incentive management fee structures partly align the interests of hotel managers with those of owners. They also arbitrarily reward managers primarily on market performance, rather than management effectiveness. A new approach is discussed.
As the boutique hotel sector continues to grow, operators must work harder to create a point of difference for their properties as well as to maintain a sense of exclusivity and aspiration, as we investigate this further in the following article.
Bed-and-breakfasts and small inns dominate the lodging landscape at Port Townsend. Lodging demand has remained stable since 2004. Infrastructure improvements and marketing efforts will support growth, while additions to hotel supply will temper it.
The article briefly outlines the challenges that food and beverage outlets in hotel have faced in the past, as well as recent and current trends that are occurring to address these challenges.
Strata hotels, otherwise known as condo hotels, are hotel properties where investors can purchase individual units of the hotel itself.
The performance of upscale and luxury hotels in Downtown Denver made a strong rebound in 2010, buoying investor confidence in the market. This trend continues in 2011, with a rise in RevPAR and transactions for the city’s top-tier hotels.
By examining trends in visitation, occupancy, average rate, and transactions, this article illustrates the resiliency of certain submarkets of the Miami hospitality industry. This is the first of a quarterly update on hospitality markets in Florida.
Steve Rushmore's June 2011 article for Lodging Hospitality magazine.