Finance

ALIS Kicks off 2023, with Most Expecting the Year’s Best Days to Come in the Second Half of the Year

Another ALIS is in the books, and a busy one at that, with nearly 3,000 in attendance. If you weren’t one of those lucky thousands, here are our takeaways.

Rodney G. Clough

Rodney G. Clough

President - HVS Americas, Denver

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HVS

In High Demand: Florida Hotels and Resorts (Again)

In an article we published in February 2021, before the COVID-19 vaccines were broadly rolled out, we suggested to owners of hotels in Florida, and waterfront hotels in the Sunshine State in particular, that their assets would soon be in high demand

Nick Plasencia

Managing Director with The Plasencia Group

The Plasencia Group

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The Plasencia Group

Looking Forward to 2023 – Industry Trends

Looking Forward to 2023 – Industry Trends

Moving into 2023, the hospitality industry continues to advance in guest-facing as well as back-office technology, allowing hotel owners and management groups the ability to increase revenue, lower labor costs, and streamline accounting functions, a...

Danielle Abram

Content Writer at M3

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Information Technology

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Finance & Accounting

Looking Forward to 2023 – Industry Trends

The Lag in Food and Beverage Recovery

According to CBRE’s September 2022 Hotel Horizons® forecast for the overall U.S. lodging industry, rooms revenue per available room (RevPAR) will exceed 2019 annual levels in 2022. This is driven by the accelerated recovery of average daily rate (AD...

Robert Mandelbaum

Robert Mandelbaum

Director of Research Information Services at CBRE Hotels

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Food & Beverage

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Finance & Accounting

CBRE Hotels

Hotel Currents: Economics and Hotel Financial Performance

CBRE Hotels Research specializes in translating national and local economic conditions into measures of hospitality market and property-level financial performance now and into the future.

Jack B. Corgel

Managing Director, CBRE Hotels’ Americas Research

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CBRE Hotels

The 2023 Annual Budget - A Captivating Story of Intrigue and Suspense

The 2023 Annual Budget - A Captivating Story of Intrigue and Suspense

As summer tumbles into fall, hotel asset managers are challenged with reviewing and approving annual budgets. As they analyze page after page of next year’s proposed budgets from their management companies with input from all facets of hotel operati...

Gary Isenberg

Vice President, Asset Management, The Plasencia Group

The Plasencia Group

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Finance & Accounting

The 2023 Annual Budget - A Captivating Story of Intrigue and Suspense

Controlling U.S. Hotel Utility Costs

Annual changes in U.S. hotel utility costs and in the Consumer Price Index (CPI), or inflation, have historically proven to be strongly correlated. As of August 2022, CBRE is forecasting CPI growth to be 7.7 percent in 2022, followed by another 3.6 ...

Robert Mandelbaum

Robert Mandelbaum

Director of Research Information Services at CBRE Hotels

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CBRE Hotels

2022 HVS Lodging Tax Report - USA

While the lodging industry is recovering from impacts of the COVID-19 pandemic, this twelfth annual HVS Lodging Tax Study quantifies the revenue impact of the pandemic over the past year. An analysis of 25 major US hotel markets shows that overall r...

Thomas A. Hazinski

Thomas A. Hazinski

Managing Director of HVS Convention, Sports, & Entertainment Facilities Consulting in Chicago

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Finance & Accounting

HVS