In every region across the world, CEOs predict slower economic growth
The Hotel Stock Index ended 2019 up 29.5%.
Commercial real estate will be eyeing one area of the economy in particular
The Baird/STR Hotel Stock Index jumped 7.0% in November to 4,968. Year to date through the first 11 months of 2019, the index was up 22.1%.
In our most recent review, we found that equity yield rates, on average, have shown a continued trend of decline in the full-service and luxury hotels sector, as well as the lower-tier limited-service sector, with the select-service and upscale limited-service sector showing stability.
Being a branded or franchised hotel is an expensive endeavor. Especially when you consider the average agreement is 20 years in duration and youre on the hook for the fees outlined in your agreement plus anything else the management company throws at you. When I say on the hook, I mean they can literally charge you for whatever they want as long as they determine it is in your best interest. T
Food cost is a never-ending battle in a war that does not end. You can never take your foot off the gas, if you do you will slow down. When you slow down in the food cost world it is costly. Back in the day I cut my teeth as a receiver, F&B cost control clerk and ultimately an F&B cost controller.
The Baird/STR Hotel Stock Index increased 0.2% in October to 4,641. Year to date through the first 10 months of 2019, the index was up 14.0%.
An idea that perhaps time has come. A way of presenting financial information thats new and completely different. Using a format that allows the reader to unlock profitability questions that have previously been unanswerable.
To measure how changes in guest preference have impacted hotel revenue (beyond rooms revenue), we analyzed operating statements from thousands of U.S. hotels that participated in CBREs annual Trends® in the Hotel Industry survey each year from 2007 through 2018.