Cornell study shows how tax reform could boost hospitality investment
WASHINGTON (April 3, 2024) – The Tax Relief for American Families and Workers Act of 2024, H.R. 7024, could provide substantial tax relief to hotels across the country, incentivizing investments in renovations and property upgrades, according to a Cornell University study commissioned by the American Hotel & Lodging Association. The study, conducted by Cornell’s Center…
Read Article →
All About Boutique Hotels: What You Should Know
In the hospitality realm, boutique hotels have emerged as a distinctive and sought-after option for travelers seeking a more personalized experience. These intimate lodgings offer a departure from the cookie-cutter approach of larger chains, providing a unique and curated environment that caters to individual preferences. If you’re curious about what makes boutique hotels so unique,…
Read Article →
The Secrets to Hotel Industry Success: 8 Vital Elements
In the dynamic world of the hotel industry, achieving and sustaining success requires strategic thinking, impeccable service, and adaptability. From boutique inns to luxury resorts, the key to thriving in this competitive field lies in understanding what sets you apart. Here are eight essential factors that can keep your hotel on top. Exceptional Customer Service…
Read Article →
15 Tips for Hospitality Professionals to Save Smartly
Effective budgeting is a cornerstone of successful hotel management, ensuring the optimal allocation of resources and achieving financial goals. For hospitality professionals, mastering the art of hotel budgeting is essential for maintaining profitability and delivering exceptional guest experiences. This article will delve into fifteen valuable tips to help hospitality professionals navigate hotel budgeting with finesse…
Read Article →
Hotel Revenue in California Rides a Rollercoaster Due to Decreased Travel, Strikes, Other Factors
There’s a myriad of economic activities that contribute to the prosperity, hotels, and tourism in California, which subsequently support the Golden State. Although the state is successful in other industries, its hospitality sector offers a snapshot of how diverse influences, from currency valuation to labor shortages, play out in a microcosm. The pandemic lockdowns…
Read Article →
