Hotels know that guests are attracted to good causes such as environmental awareness, and the economics behind sustainability are strong enough to show a return on investment into cleaner technology. Because it is now making sense to hotels and operators, the industry is … [Read more...] about Hotel sustainability continues to pick up steam
Archives for 2015
9 hotels that go all-out for Christmas
Twinkling lights, glitter and gourmet menus galore -- without a single dish to wash or tree to trim. Spending Christmas at a hotel does hold a certain allure. Whether you stay for a week or drop in for tea, these properties go to great lengths to offer something … [Read more...] about 9 hotels that go all-out for Christmas
Provenance Hotel Partners Creates $525M Real Estate Investment Fund
Provenance Hotel Partners, the real estate investment affiliate of Provenance Hotels – Portland-based operators of lifestyle hotels, has launched Provenance Hotel Partners Fund I (PHPF I), a $525-million real estate investment fund. PHPF I’s first acquisition was the … [Read more...] about Provenance Hotel Partners Creates $525M Real Estate Investment Fund
PKF Hospitality: Occupancy to Remain at Record Levels Through ’17
Hotel occupancy will remain at record levels through 2017, according to PKF Hospitality Research/CBRE Hotels (PKF-HR). In the recently released December 2015 edition of Hotel Horizons, PKF-HR forecasts that the growth in demand for lodging accommodations will exceed the … [Read more...] about PKF Hospitality: Occupancy to Remain at Record Levels Through ’17
Creative Capital: Financing Hotels via EB-5
Administered by the United States Citizenship and Immigration Service (USCIS), the EB-5 program (Employment-Based Immigration, Fifth Preference) allows foreign nationals to invest as little as $500,000 or as much as $1 million in a U.S. enterprise, in consideration of … [Read more...] about Creative Capital: Financing Hotels via EB-5
Be Prepared, Hoteliers-New Chip Based Credit Card Standards are Coming
On October 1, new rules related to credit card fraud take effect, and if you haven’t upgraded to chip-reading technology for your credit card processing, you could be liable for fraudulent payments. It’s all a part of the roll out of new chip-based cards under the EMV … [Read more...] about Be Prepared, Hoteliers-New Chip Based Credit Card Standards are Coming
Non-Consumptive Recreation Along the Washington Coast
Non-consumptive recreation is widely practiced along the extent of Washington’s coast (Pacific Coast & Strait of Juan de Fuca). Popular activities include beach going, sight seeing/scenic enjoyment, wildlife viewing, photography, and hiking & biking. This study, a … [Read more...] about Non-Consumptive Recreation Along the Washington Coast
Why Hotel Loyalty Programs are Good for Hotels
Generating new business and attracting new guests requires significant investment in marketing and advertising. Media campaigns, improving your search engine optimization, or paying online travel agents such Booking.com a higher commission hurt your bottom line and are drag … [Read more...] about Why Hotel Loyalty Programs are Good for Hotels
Decisions, Decisions… Which Hotel Operating Model is Right for You?
Hotel brands, owners and management companies have created permutations and combinations of operating models that, when used appropriately, will increase profitability, make a project more attractive to lenders and add value to guests. Click here for full … [Read more...] about Decisions, Decisions… Which Hotel Operating Model is Right for You?
