Category: Financial

April 18, 2024

Cash is King. That’s an old expression but it’s also one that still rings true today. Everyone likes cash even if we don’t carry so much with us personally anymore. It’s important to recognize that some people will help themselves […]

April 10, 2024

As the travel market continues to evolve, with occupancy levels exhibiting extraordinary growth in most major markets around the world, today’s hoteliers are facing an array of challenges in managing their operations efficiently. From guest experience enhancement to the digitization […]

March 28, 2024

The Savoie and Haute-Savoie regions alone have seen hotel transaction volumes double over the past two years, breaking records with more than €800 million ($875 million) of hotel deals closed, JLL data shows. “Due to the warming climate, and limited […]

March 7, 2024

Kate Nicholls, Chief Executive of UKHospitality, said: “The Chancellor missed a real opportunity today to show that he backs hospitality and understands the real pain they are enduring. “He had a chance to accelerate and unlock hospitality, but instead he […]

February 2, 2024

Canadian hotel investment activity totalled approximately $320 million in the fourth quarter, pushing the year-end total to over $1.65 billion based on Colliers Hotels’ preliminary sales data. Investment activity remained resilient year-over-year with established and new entrants to the sector […]

November 10, 2023

he Baird/STR Hotel Stock Index decreased 2.4% in October to a level of 5,600. “Hotel stocks fell for the third consecutive month in October, and performance directionally tracked the broader indices,” said Michael Bellisario, senior hotel research analyst and director […]

October 18, 2023

You may recall that I have written two previous articles about the possibility that the federal government would join a few states in prohibiting so-called “junk fees,” defined essentially as mandatory charges added late in the buying process as a, […]

October 9, 2023

The Baird/STR Hotel Stock Index dropped 2.0% in September to a level of 5,739. “Hotel stocks were down again in September, but they outperformed their relative benchmarks,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Both the […]

July 13, 2023

A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of 38.8% compared to 596 deals […]

May 19, 2023

Before we dive in the strategies it is important to understand what Hotel Room Pricing is and how Hotel Reveneue Management plays a part in deciding your hotel room price. What is Hotel room pricing? Hotel room pricing refers to […]

May 16, 2023

A strong first quarter to start the year left hotel companies broadly optimistic as executives made widespread increases to full-year 2023 revenue per available room projections. Here are some of the highlights from quarterly earnings calls highlighting the source of […]

May 4, 2023

Summit Hotel Properties, Inc. (NYSE: INN), yesterday announced results for the first quarter ended March 31, 2023. “We are pleased with our first quarter operating results as average daily rate in our pro forma portfolio reached the highest level in […]

May 1, 2023

Selina Hospitality PLC (NASDAQ: SLNA) announced today its financial results for the full-year ended December 31, 2022. Rafael Museri, Co-Founder and CEO, stated: “2022 has been a very important year in Selina’s history. We completed our listing on NASDAQ in […]

April 25, 2023

H World Group Limited (NASDAQ: HTHT and HKEX: 1179) today announced preliminary results for hotel operations in the first quarter ended March 31, 2023. Business update For our Legacy-Huazhu business, our RevPAR in Q1 2023 recovered to 118% of the […]

April 5, 2023

NexPoint Hospitality Trust, (TSX-V: NHT.U) announced the release of NHT’s financial results for the three and twelve months ended December 31, 2022. All amounts are expressed in U.S. dollars. The table below presents net income from continuing operations, Funds from […]

March 2, 2023

A majority of Lodging Industry Investment Council members said they expect full-year lodging real estate transactions in 2023 to exceed the volume in 2022. In a survey conducted at a private roundtable of members, 67% said they believe transactions will […]

December 28, 2022

GreenTree Hospitality Group Ltd. (NYSE: GHG), a leading hospitality management group in China, yesterday announced its unaudited financial results for the first half of 2022. First Half 2022 Operational Highlights A total of 4,669 hotels with 332,073 hotel rooms were […]

December 22, 2022

First, let’s get the rhinoceros in the room out in the open. The reason why most commentaries are pretty useless is they just regurgitate numbers. The same numbers that you should be able to see in your financials are bantered […]

December 19, 2022

According to data in the latest UKHospitality Tracker, provided by CGA, turnover in the year up to the end of September 2022 was up 1.3% at £135 billion, compared to 2019. This is the first time a full-year figure is […]

December 6, 2022

Preparing a five-year financial plan for your hotel might sound daunting, but it is all in your head. Let’s lay it out. You are either dreaming about a business that does not exist yet and you need a plan, or […]