30 more
Opinion

2023 HVS Lodging Tax Report - USA

Since room sales generate lodging tax revenues, an overview of hotel market trends provides a perspective on the industry’s current and future fiscal impacts. While the negative impacts of the COVID-19 pandemic were unprecedented, as documented in o...

Thomas A. Hazinski
Thomas A. Hazinski
Managing Director of HVS Convention, Sports, & Entertainment Facilities Consulting in Chicago
HVS
More in this category
Finance & Accounting
More like this
Thomas A. Hazinski
by Thomas A. Hazinski and Michael Ferguson
27 September 2023HVSFinance & Accounting
HVS
Navigating the 2024 Budget Season: Tech-Driven Strategies for Modern Hospitality
Opinion

Navigating the 2024 Budget Season: Tech-Driven Strategies for Modern Hospitality

As the hotel industry prepares for its annual budget planning for 2024, we’re at a critical moment where technology and financial strategy blend together. This goes beyond simply setting aside funds for new digital tools; it’s about fully integratin...

Marcy Albert
Marcy Albert
VP of Sales at OpenKey
OpenKey
More in this category
Information Technology
More in this category
Finance & Accounting
More like this
Marcy Albert
by Marcy Albert
5 September 2023OpenKeyInformation Technology
Navigating the 2024 Budget Season: Tech-Driven Strategies for Modern Hospitality
Opinion

As Occupancy Stalls, Parking Drives Hotel Revenue Growth

Based on our February 2023 Hotel Horizons® report, CBRE is forecasting that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in 2022. This occurred despite the fact that the average occupancy for U.S. hotels is not expecte...

Robert Mandelbaum
Robert Mandelbaum
Director of Research Information Services at CBRE Hotels
CBRE Hotels
More in this category
Finance & Accounting
More in this category
Markets & Performance
More like this
Robert Mandelbaum
by Robert Mandelbaum and Todd Casper
6 July 2023CBRE HotelsFinance & Accounting
CBRE Hotels
Opinion

U.S. Hotel Owners Eyeing Interest Coverage

According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery of hotel profits will be delayed until later this year. Hotel franchise and management com...

Robert Mandelbaum
Robert Mandelbaum
Director of Research Information Services at CBRE Hotels
CBRE Hotels
More in this category
Real Estate & Investment
More in this category
Finance & Accounting
More in this category
Markets & Performance
More like this
Robert Mandelbaum
by Robert Mandelbaum and Bill Grice
2 June 2023CBRE HotelsReal Estate & Investment
CBRE Hotels
Opinion

Stay Innovative with Automated Hotel Processes

Automation in the hospitality industry continues to evolve and represents innovation at its finest. Automated processes promote hoteliers to build financial and operational success within hotels that are necessary to remain competitive in the market...

Shane Middleton
Shane Middleton
Strategic Partnership Manager
M3
More in this category
Finance
More in this category
Management Companies
More in this category
Finance & Accounting
More in this category
Asset Management
More like this
Shane Middleton
by Shane Middleton
24 April 2023M3Finance
M3
E-Payments: Understanding the Last Mile of the Automation Process
Opinion

E-Payments: Understanding the Last Mile of the Automation Process

Over the past few decades, we have seen constant advancements in automation technology, particularly when it comes to the hospitality procurement process. Procedures like sourcing, tendering, auctioning, and ordering products have all been adopted i...

Resigned Author
BirchStreet Systems
More in this category
Finance
More in this category
Miscellaneous
More in this category
Lodging Industry
More like this
Resigned Author
by Resigned Author
3 April 2023BirchStreet SystemsFinance
E-Payments: Understanding the Last Mile of the Automation Process
Podcast interview with expert Kris Herrin reveals the surprising payments risks companies face today and the benefits of cloud-based procure-to-pay solutions
Opinion

Podcast interview with expert Kris Herrin reveals the surprising payments risks companies face today and the benefits of cloud-based procure-to-pay solutions

A recent Gartner report claims that by 2025, quite 50% of organizations around the world will have a cloud-based procure-to-pay suite. Tools like BirchStreet Pay are gaining traction as hotels learn more about the advantages and cost opportunities o...

BirchStreet Systems
More in this category
Finance
More in this category
Lodging Industry
More in this category
Market Segments
More like this
6 March 2023BirchStreet SystemsFinance
Podcast interview with expert Kris Herrin reveals the surprising payments risks companies face today and the benefits of cloud-based procure-to-pay solutions