Author
Author

Jenna Finkelstein

Consultant at PKF Consulting USA, LLC

Jenna  FinkelsteinJenna Finkelstein is a consultant in the Boston office of PKF Consulting USA, a CBRE company. Since joining PKF, Ms. Finkelstein has worked on a diverse array of hospitality consulting projects, including feasibility studies, valuations, and operational analyses. Her industry experience includes hotels and food and beverage. In addition, Ms. Finkelstein is the coordinator for Boston Trends® and PKF’s Trends® in the Hotel Spa Industry. Ms. Finkelstein is a graduate of the School of Hotel Administration at Cornell University where she minored in Real Estate, graduating with distinction. She is a member of professional and community organizations, and currently serves as a committee member of the New England Chapter of the Cornell Hotel Society.
Insights by Jenna Finkelstein (3)

Health Movement Leads To Growth In Hotel Spas

In 2007, CBRE introduced Trends® in the Hotel Spa Industry in response to the spa industry's rapid expansion within hotels and resorts and its relevance to hotels' bottom lines. For the second time in the history of the publication, spa revenue increased at a higher rate than rooms revenue and total operating revenue.

Hotel Spas: Not Just For Resorts Anymore

According to the December 2018 edition of CBRE's Hotel Horizons®, the annual growth in RevPAR for U.S. hotels is forecast to decelerate from 2.8 percent in 2018 to 0.1 percent in 2021. As the main source of hotel revenue is plateauing, hoteliers are looking up and down their operating statements to find alternative sources of income.

In Hotels, Health Equals Wealth

Business is back for hotels across the United States with occupancy levels surpassing long-run averages and hotels raising room rates more aggressively. According to PKF Hospitality Research (PKF-HR)'s forecast, occupancy is estimated to be above the long-run average in 49 of the 55 U.
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