The U.S. recorded a 1.2-percent increase in gross operating profit per available room in June 2017 year over year, but labor costs are up 2 percent.
Property taxes affect hoteliers’ purchase affordability, profitability, equity value, ability to maintain and upgrade their properties and future sales prices.
A wedding gone wrong prompted a lawsuit from beleaguered guests, proving that in some cases disappointment constitutes "collateral damage."
Fewer than a quarter of the hotels in the province—429 out of 1,724—have the licenses they need to operate legally.
The updated arrangement lowers the total price to $9.22 billion and includes a new buyer of the hotels.
With a Senate committee giving the go-ahead, two business-minded conservatives are poised to join the NLRB, pending a full vote.
Wage and labor investigations can be costly to hotel owners. Here’s what you need to know if an auditor comes knocking at the door.
The St. Michael's project developers are gearing up to re-apply for planning permission later this summer.
RLHC is going after Hard Rock Cafe International for allegedly plagiarizing its millennial-focused Hotel RL branding. What's more, both brands share a…
HAN's white paper highlights issues that could damage Nepal's economy, should the government fail to step in.