Developing a new hotel or motel typically requires a feasibility study to verify market demand and to prove the project is economically viable.
Economic life is the period when improvements to a property contribute to property value. Hotels and motels have a definite life span of postive cash flow.
In this article the authors discuss the potential delays with ordering carpet and provide insight on how to overcome them.
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.
Although you think you have audited and reviewed every aspect of your hotel's operations, i bet you have not performed a solid waste audit.
Care and maintenance of carpet should be considered when it is being specified. Many carpet fibers are soil and stain resistant, but proper care and maintenance of carpet is essential to enhance the longevity of the carpet. The timing and type of cle
The Napa hotel market derives a large portion of its guestroom demand from throughout the greater San Francisco Bay Area. While the economic vitality of all nine counties in the San Francisco Bay Area has the most direct impact, Napa is also a region
While the nation’s hospitality industry limped through 2001, there were several cities across the nation that fared reasonably well in spite of the malaise caused by the national economy slowdown and the events of September 11th. San Diego, also know
West Hollywood is a popular destination and known to be one of the trendiest cities in California, with the entertainment industry wrapping the city in an aura of celebrity.
The State of California represents a powerhouse within the U.S hospitality industry and we would like to take this opportunity to provide an overview of the state’s key markets during the current challenging operating environment.