Articles
Hotels Send Mixed Signals For 2017
Date: 01/20/2017  •  Publication: GlobeSt.com  •  Author: Daniel Lesser  •  View the article
To the surprise of many, the US lodging industry closed out 2016 with operating metrics still at record setting levels; however, its growth trajectory was notably lower when compared to years past. Read More >
Airlines Generate Revenue, Hotels Miss Opportunities
Date: 01/05/2017  •  Publication: Hotels Magazine  •  Author: Daniel Lesser  •  View the article
I am baffled as to why the hotel sector has failed to behave similar to the airlines that have been very successful charging the same travelers additional fees for reservation changes, cancelations and a la carte goods and services. Read More >
Rising Interest Rates and Inflation
Date: 01/03/2017  •  Publication: Hotels Magazine  •  Author: Daniel Lesser  •  View the article
After much anticipation, the U.S. central bank finally increased its federal funds rate by 25 bps in December. This event represents the second rate hike in more than a decade coming amid near full employment, rising inflation expectations and strong economic growth. Read More >
Monopoly
Date: 12/15/2016  •  Publication: Hotels Magazine  •  Author: Daniel Lesser  •  View the article
As more hotel acquisitions and mergers are anticipated to occur over the next several years, many U.S. markets will become more consolidated and monopolized. Read More >
An Inflection Point in New York City
Date: 11/23/2016  •  Publication: Hotels Magazine  •  Author: Daniel Lesser  •  View the article
During the recent past, New York City’s hotel industry has been the recipient of some bad press. With new supply increasing faster than demand, occupancy percentages, while down slightly, have remained in the mid to high 80s, while average room rates have been in decline for much of the year. Read More >
The U.S. Presidential Election is Finally Over!
Date: 11/16/2016  •  Publication: Hotels Magazine  •  Author: Daniel Lesser  •  View the article
To the surprise of many, but in line with expectations of many more (at least from an electoral college perspective) it seems the theme that put President Obama into the White House in 2008 is now pinned onto President-elect Trump and a Republican majority in the House and Senate. Read More >