Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee is general
Future-Focused: Choice Executives on the Customers and Brands of Tomorrow
At the 66th annual Choice Hotels International, Inc., convention—which took a three-year hiatus due to the pandemic—franchisees and corporate leaders alike shared excitement ov
Miraval Resorts & Spas Announces Renovations Across its Three Properties
CHICAGO — Miraval Resorts & Spas announced renovations, updates, and expansions across the brand’s resorts and spas: Miraval Arizona, Miraval Austin, and Miraval Berkshire
More Than 50 Graduate from AHLA Foundation’s Empowering Youth Program
WASHINGTON—The American Hotel & Lodging Foundation (AHLA Foundation) announced that more than 50 individuals from traditionally underserved populations have graduated from t
The Westin Hapuna Beach Resort Becomes First Carbon-Neutral Resort in Hawaii
KOHALA COAST, Hawaiʻi—The Westin Hapuna Beach Resort and the Hawaiian Legacy Reforestation Initiative (HLRI) launched its tree planting partnership, creating Hawaiʻi Island’s
Secure Entry: Advances in Access Control Technology Enhance Hotel Security and Guest Experience
Hotel technology that puts more control into guests’ hands is on the rise as travelers seek out greater convenience and hoteliers invest in ways to streamline operations. The las
This Week’s Comings and Goings
Hospitality Ventures Management Group (HVMG) announced four promotions and one new hire. As the newly promoted SVP of operations, Ron Mader will oversee the company’s full-servic
Good Housekeeping: Developing a Rotational Guestroom Use Strategy
Hotels typically do not run full occupancy daily. A unified strategy between the housekeeping department and the front office can stratify which guestrooms should be placed in serv
Placemakr Launches a WhyHotel Pop-Up in Alexandria, Virginia
WASHINGTON—Placemakr announced the launch of its newest pop-up location under the brand—WhyHotel by Placemakr, Alexandria. In partnership with Stonebridge, the pop-up will allo
Hyatt Releases Q1 2022 Financial Results
CHICAGO—Hyatt Hotels Corporation reported first-quarter 2022 financial results. Net loss attributable to Hyatt was $73 million, or $0.67 per diluted share, in the first quarter o