When preparing a business plan for hotel investing or investors, it is important to consult industry sources that are both reliable and provide a broad variety of statistics, resources and related commentary. We here frequently read these publications, which will help if preparing strategic management objectives, investor ROI forecasts and other projections and forecasts. Here are these web sites with recent samples of the content and links within to subscribe: AH&LA Smart Brief – Sample: “Short-stay trips boost U.S. revPAR – American hotels’ revenue per available room rose 9.4% from short-stay trips and 7.3% in the group-business travelers segment in the current fiscal quarter, said C. Patrick Scholes, an analyst at FBR Capital Markets. The lodging industry will continue to experience a slowdown in group bookings for the next several months because of the sluggish growth of business from associations, Scholes added.” You can read more here since revPAR is typically part of a hotel feasibility study. HotelNewsNow.com – Sample: “Comp-set versatility allows more risk taking – Knowing how you compare—and compete—with a variety of hotels allows a better understanding of the appropriate level of aggressiveness in pricing.” Read more on comp-set risk taking for your business plan for hotel investments. Hotel Management – Sample: “Leisure hotel rates realize record growth – Leisure hotel rates had record growth in May, climbing almost 5 percent, and the corporate market returned to bookings increases of 15 percent over 2010 in May, along with rate increases of 6.5 percent. Read more…” You can also subscribe to our blog and follow more on hotel motel management here. Are you looking for other lodging industry sources to complete a business plan for hotel investments? Please post a request here or feel free to write us direct. We will send a complimentary list of additional publications and research links.
