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Since its inception, the economy segment has undergone a continual process of transition. Although most owners, operators and lenders take a “stick to the basics” approach, a problem arises when one attempts to define just what “the basics” are.
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When investors and lenders call and ask “what are hotel cap rates today?” the first question is, “what net income are you using in your equation?”
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Balancing Financial and Non-Financial Objectives in Public-Sector/Private-Sector Hotel Relationships
Public-/private-sector partnerships, while sometimes challenging, can certainly result in a win-win situation when financial and non-financial goals and objectives are clearly defined and effectively aligned.
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Retrospectively, 2004 was a banner year for the gaming industry, highlighted by revenue spikes, major consolidation, and significant expansion (both domestically and internationally).
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In this article, the authors discuss why the current trend of converting the use of transient lodging facilities in Hawaii to alternative uses is so appealing to developers.
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The Southern California lodging market, consisting of hotel products in Los Angeles and Orange Counties, expects a banner year for 2004.
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Steve Rushmore's January 2003 Hotels cloumn.
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Staying ahead of guests in technology is as important as providing ultra comfortable bedding these days. This article explores how to impress your guests without spending a fortune.
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HVS Canada Holiday Water Cooler...
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Steve Rushmore's November 2004 Hotels monthly.