Hotel profit margin, which measure profits as a percent of revenue, is considered a good indicator of the efficiency of hotel operations. In 2023 and 2024, hotel profit margins at both the Gross Operating Profit…
In addition to traditional key money, or those offered in “reverse” management contracts, guarantees are becoming increasingly common in hotel management agreements (HMAs). But are they all beneficial? And if so, how should they be…
Scenario 1: The "Full House, Empty Wallet" dilemmaA fully booked hotel that still struggles with profitability.RevPAR says: "You’re winning!"A boutique hotel with 100 fully booked rooms sees RevPAR at $200—a strong performance on the surface.TRevPAR…
The brand With properties in Amsterdam, Vienna, Copenhagen, and Paris, Zoku is redefining the business hotel experience by offering a unique, home-like environment for long-stay travelers, who typically stay at least 14 nights. Zoku offers…
Swedish hotel landlord Pandox enjoyed a stable first quarter to 2025, with total revenues up 1%, but down 1% like for like, as renovations affected the portfolio. Performance through the first three months of 2025…
Il Bottaccio, Relais & Châteaux has been invited to join Internova Travel Group's SELECT Hotels & Resorts by Internova program, an exclusive collection of more than 1,700 luxury properties around the world. Tucked away in…
Hong Kong, China - The World Travel & Tourism Council (WTTC) today unveiled its latest Economic Impact Research (EIR), revealing that China is powering ahead as one of the world’s most dynamic Travel & Tourism…
Courtyard Fort Lauderdale Beach — Photo by Marriott Courtyard Fort Lauderdale Beach — Photo by Marriott Courtyard Fort Lauderdale Beach — Photo by Marriott Get ready for a stunning new destination along theshores of Fort…
Aria Hotels, the hospitality subsidiary of Greece’s Libra Group, has announced its expansion into the Dominican Republic with the launch of Aria Santa Maria, a nine-room boutique hotel in Santo Domingo’s Colonial Zone. The move…
Marriott International president and CEO Anthony Capuano and Verkehrsbuero CEO Martin Winkler at the signing ceremony. Credit: Marriott International, Inc. Marriott International is to enhance its presence in Austria through the addition of five new…