Occupancy Levels Expected to Decline in 2017 After Eight-Year Growth Run As More Than 255,000 New Rooms Hit Market ikn 2017 and ’18 In its latest outlook for the U.S. lodging sector, CBRE Hotels’ Americas Research notes that the sector will continue to accrue benefits … [Read more...] about As Good as it Gets? Peaking Hospitality Sector Facing Mixed Outlook from Rising Supply, Growing Influence of Airbnb
Crystal Investment Property, LLC, a member of Hotel Brokers International, announced the successful sale of the Village Inn and Restaurant in Springfield, Oregon. Crystal Investment Property, LLC, a licensed Oregon broker, exclusively represented the Seller in the sale. … [Read more...] about Village Inn and Restaurant, Springfield, Oregon sold by Crystal Investment Property, LLC.
Presidential elections create a great deal of economic uncertainty, and that’s been particularly true in 2016. Now that it’s over, hoteliers share what they think this election will mean One week after the U.S. presidential election, Americans and people around the world … [Read more...] about Hoteliers foresee ups, downs of Trump presidency
On Dec. 1, an estimated 4 million workers will become eligible to earn overtime under the Department of Labor’s overtime rule. Introduced May 18 by the Obama administration, the rule will raise the salary threshold for exempt workers to $47,476 from $23,660 per year—if … [Read more...] about Will the Trump Administration Change the Overtime Rule?
When the American Hotel & Lodging Association asked its members what they see on the horizon for 2017, 8,000 hotels responded. Here’s what they see as the top six trends. 1. Ubiquitous in-room technology: You just can’t do without in-room technologies—especially … [Read more...] about Six hotel trends for 2017
The General Election results will be certified on Nov. 29, 2016. If the initiative passes, it will become law upon proclamation of the mayor within five days after the certificate of election. Click <a … [Read more...] about Seattle Initiative I-124 Passes – What Does this Mean to You?
With a La Niña-style winter in store for much of the United States, ski resorts are preparing for more traffic on the slopes and in resort hotels. American ski resorts are ready for whatever Mother Nature sends their way this winter. Depending on geography and which … [Read more...] about US ski resort managers ready for snow-filled season
Periscope is embracing professional streaming and expanding beyond amateur content shot on phones with its new Periscope Producer feature. It allows creators to generate a special URL that they can then stream to from a wide array of devices, including professional cameras, … [Read more...] about Periscope Web
Hotels in North America are embracing long-held rumors about ghostly guests roaming the rooms and halls. But Sam the Bellman died 40 years ago. “You may have run into Sam,” one of the hotel’s friendly ghosts, the front-desk staff tell the guests. There’s no denying … [Read more...] about Hoteliers conjure up business with help from ‘ghosts