Advice: Procurement Partners
A slew of factors, from inflation to supply chain disruptions, have driven food costs higher in recent years, compromising already-tight hotel food and beverage profit margins. Par
Hyatt Reports Q3 2023 Financial Results
CHICAGO—Hyatt Hotels Corporation reported third quarter 2023 financial results. Highlights include: Mark S. Hoplamazian, president and CEO of Hyatt, said, “We had a tremendous
Human Capital: From Drain to Gains
Food and beverage need not be a guaranteed drain on hotel profitability, according to Larry Spelts, president of Lodging & Lifestyle Adventures at Indigo Road Hospitality Group
Strategic Savings
Between tight margins and high guest expectations, hotel food and beverage is a tough department to operate. LODGING Back of the House checked in with several F&B leaders to le
Pro Tips: Preventing Pool Problems
Preventative maintenance is critical to many areas of hotel operations, but it takes on added importance when it comes to resort pools. Industry experts agree that hoteliers must b
Human Capital: An Evolving Position
For hotel operators, there’s no understating the importance of hiring the right person to oversee departments like engineering. However, executives acknowledge some of the key co
CoStar: U.S. Hotel Performance Decreases, Shows Positive Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data through Oct. 28, 2023. U.S.
Due Diligence
If an ounce of prevention is indeed worth a pound of cure, making sure that the MEP (mechanical, electrical, and plumbing) of a hotel is functioning properly and efficiently might
Motel 6: U.S. Travelers’ Holiday Plans Will Increase Travel
DALLAS, Texas—New data from Motel 6 found that U.S. travelers who are celebrating a winter holiday are planning to participate in an average of 10 or more gatherings this year. I
Marriott Releases Q3 2023 Results
Marriott International reported its Q3 2023 results. Highlights include: Anthony Capuano, president and CEO, said, “We are extremely pleased with our results in the quarter. Worl