There are many considerations purchasing agents take into account before placing a lighting purchase order for guestroom and public areas. They must examine an order from an operations point of view, as well as a guest's. A lighting fixture can be ei
This article highlights how the economy and hotel sales move in tandem. Starting in May of this year, right after President Bush announced the combat portion of the war in Iraq over, the economy and hotel sales started to improve.
A detailed analysis of historic supply and demand trends and market performance, as well as a market outlook including projections for supply and demand and occupancy and rate performance.
How To Get The Best Sales Price
Choosing the perfect vendor for a client is not a simple process, particularly if the purchaser is utilizing a previously unknown company. But after examining the financial stability, references and evaluating the product of a potential vendor, the
Employee leasing works as follows: you the owner/employer terminate your employees and immediatley hire them back by an employee leasing organization.
The components of a hotel investment, complete with an example of how such transactions are being conducted, are examined.
As the number of major renovations increases, it becomes ever more important to manage and control the process. One reason for the increase is that many hotels built in the 70s and 80s need more that a facelift and con't compete with newer product.
As hotel-motel appraisers and consultants, our fir inspects hundreds of lodging facilities each year. Our experience and imaginations have led us to formulate the following list of amenties that would characterize the perfect luxury hotel room.
During 1996, hotel values in some parts of the U.S. increased by as much as 60 percent. To someone unfamiliar with the concept of hotel operating leverage, this enormous rise seems impossible.