Of the hundreds of writings I read during the past year, following are 10 favorites (in no particular order) that I found thought-provoking or inspirational.
In order to remain competitive, cutting-edge hotel market participants routinely consider the sector’s highly fluid strengths, weaknesses, opportunities and threats.
The hotel industry’s knight in shining armor isn’t generating the massive profit surplus operators were expecting.
With the rise of services like Airbnb that feature vacation homes rented by owners, travelers have more varied lodging options than ever before. This industry development has had a measurable effect on the profitability of hotels.
Hotel transactions in the United States continue to boom thanks to a steady economy and favorable outcomes from tax-law changes.
The LW Hospitality Advisors (LWHA) Q3 2018 Major US Hotel Sales Survey includes 57 single asset sale transactions over $10 million, none of which are part of a portfolio.
While few are anticipating a major market crash, the duration, depth of a prospective economic recession and risk of a downturn is higher now than it has been for more than five years.
High levels of US consumer and business confidence are being fueled in part by low unemployment rates and rising wages both of which continue to have positive effects on the demand for US hotel room night demand.