Data Analysis of Hotel Downturn Strategies
Data analysis of past economic downturns helps hotels determine which strategies they should employ in the future. Historically, hotel owners and operators have struggled to adapt to downturns in the lodging cycle. One reason for this struggle is that hotel operating expenses do not decrease proportionally to drops in room demand. This issue is demonstrated…
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Making Your Hotel Safer
Steps to take to improve the safety of your hotel property. Regardless of the size, type, or location of your hotel, every property owner’s first priority is creating a safe environment for guests and staff. However, improving hotel safety is no simple task; it involves continuous effort and coordination between owners, hotel staff, and regulatory…
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New California Laws Affecting the Hospitality Industry
How California labor and employment laws will affect the hospitality sector. In 2019, the state of California passed a series of new labor and employment laws. As this legislation comes into effect, it will have major impacts on employers throughout the state, including those in the hospitality industry. Here is a brief overview of the…
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Amid Coronavirus Crisis, Hoteliers Find a Window for Renovation
At the recent California Lodging Investment Conference, we heard from a lot of hoteliers who are being hit hard by the coronavirus crisis—low demand, low rates, and cancellations. But we also heard a different perspective: some are making the best of the slowdown by completing necessary renovations while demand is low. Whether implementing brand standards…
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Why Profitable Hotel Spas Require Careful Planning
How to keep your hotel’s spa profitable. Last year, hotel spas in the U.S. experienced revenue growth of 4.8%. While this sounds impressive, labor costs also grew to a near-equal 4.7%. Naturally, this prompts hotel owners to question how they can ensure that their spa centers remain profitable. Well, according to experts, it all comes…
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