Rebranded hotels rejuvenate their profits | news.cornell.edu

Checking in on whether the brand names of hotels matter, business researchers find that occupancy rates after rebranding – properties that change from one franchise to another – increase over 6 percent. Additionally, revenue per room jumps more than 4 percent and operating profits climb nearly 3 percent, says a new study in forthcoming edition of the Journal of Marketing Research.

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The Cornell Peter and Stephanie Nolan School of Hotel Administration is the premier school for hospitality education in the world. As an integral part of the Cornell SC Johnson College of Business, the school is leading the world in teaching and researching the business of hospitality—marketing, finance, real estate, operations, and more, all applied to the world’s largest and most exciting industry.