The recent news reports and media frenzy about housekeepers and guest safety from a hotel management consultant perspective suggests a review of related policies and procedures is a must now. Just this past week, the President of the American Hotel & Lodging Association was interviewed on the subject. The focus from his viewpoint and as…
In this economy, many owners are turning to a lawyer and hotel motel consultant about canceling the management agreement when the hotel or resort is not performing according to plan. Worse, is if whatever gain is realized only benefits the operator, which can be the case if they have not invested any of their own…
Finding money sources for clients and getting the financing done is a major challenge for a hotel real estate advisor in this current economy and funding climate. This step by step advice from a hospitality finance lender, Jane Larkin, managing director of Larkin Hospitality Finance, and published in HotelNewsNow.com is worth reading in my opinion.…
Hotel consulting services group expects budgets in 2012 to exceed those same projections and performance in 2010 and 2011. Both higher revenues and profits will contribute to the resulting increased hotel operating incomes going forward. According to Colliers PKF Hospitality Research in these article excerpts: – “While the 2010 budgets for U.S. hotels did project…