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Myths Surrounding Hotel Conversions & Renovations
A hotel conversion or renovation can take months — sometimes even more than a year. Of course, this can significantly impact revenue, since a new hotel will need a full makeover …
How Millennials Are Shaping the Future of Hospitality
By 2020, Millennial travelers will make up more than 50 percent of all hotel guests worldwide, according to eHotelier’s Insights. Interestingly, MMGY Global reports that although the average spend on vacations remains the …
How Often Should Hotels Renovate?
As a hotel owner or manager, you might dread the idea of going through a renovation. After all, it’s a huge expense — one that often requires you to scale back …
The Five U.S. Cities Leading the Way in Hotel Construction
According to Lodging Econometrics, as the U.S. economy remains strong, the hotel construction pipeline continues to show moderate quarterly growth. Total projects stood at 5,312 and 634,501 rooms at the end …
Trends Shaping Smart Hotels
Trends Shaping Smart Hotels Smart technology is transforming residential and commercial buildings around the globe. That’s why it’s not surprising that a growing number of travelers are opting to stay …
New Tariffs Affecting Construction Costs
In March, in a bid to further strengthen the U.S. economy, President Trump imposed a worldwide 25 percent tariff on steel and a 10 percent tariff on aluminum. Initially, several …