Hoteliers Eyeing Interest Coverage: Challenge Increases This Year as Higher Rates Prevail in the United States
According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery of hotel profits will be delayed until later this year. Hotel franchise and management companies have benefited the most from the ongoing revenue recovery because the fees they receive are frequently earned as a percent of revenue. However, for many hotel owners, along with their lenders and investors, the lag in […]
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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
