4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow
Through the third quarter of 2023, the U.S. hotel industry showed some continuation of profitability trends as well as new developments in the data that aligned with the start of corporate travel season. Margins are being pressured. With the overall demand mix and topline performance normalizing, year-over-year growth rates are weakening. At the same time, expenses continue to grow with total operating expenses per available room (TOEPAR) increasing roughly 1 percent from month to month. […]
The post 4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow appeared first on LODGING Magazine.
Atrium Hospitality graduates inaugural class of WomenRISE program
Atrium Hospitality recently revealed the graduation of the inaugural class of WomenRISE, the company
HSMAI to honor Preferred Travel Group’s Michelle Woodley
The Hospitality Sales and Marketing Association International (HSMAI) recently announced that Michel
Elena Black named Rocco Forte SVP, marketing
Rocco Forte Hotels hasappointed Elena Black as SVP, marketing, joining the executive leadership team
