UK Chain Hotels Market Review - October 2016
Profit per room at hotels in the South West region fell by 5.0% year-on-year in October, but remained on course for a third consecutive year of growth in 2016, according to the latest data from HotStats.
Whilst year-on-year growth has slowed slightly this month profit performance at hotels in Dublin remains the fastest growing in Europe, achieving a 25.5% increase for year-to-date 2016, according to the latest data from HotStats.
The New Year isnt just about making goals for personal growth. Its about setting the groundwork to ensure that your business is set to reach new heights! Here are our top tips for making the most of 2017.
The world of hospitality is full of essential concepts that determine the positive results to be obtained. One of them is, without a doubt, business competitiveness that arises from the constant growth of hotel chains and, consequently, from the number of offers to their main customer: the dearest guest.
Prospects for hotel investors remain reasonably favorable even if interest rates move upward, based on an analysis of hotel capitalization rates. A new study from the Cornell Center for Hospitality Research establishes the relationship between those cap rates and U.S. Treasury rates.