To read the most recent cost survey, check out our latest article for how much it costs to build a hotel in 2015.
Archives for January 2014
According to a recent article by Real Estate Weekly titled, Boutique Hotels Reaching New Height: At the national level, boutique space reflects an occupancy premium of approximately 13%. The boutique sector also exhibits strong growth in RevPAR. In 2012, 2013, and 2014 RevPAR is trending at 6.3%, 7.4%, and 8.8%, respectively, exceeding national averages, for […]
Negotiating a Hotel Management Agreement can be a much longer process than you imagined. What goes into making the agreement, which looks more like a book, is going to form the business relationship that may last as long as 30 years or hamper your ability to exit a property effectively. Negotiating the best contract for […]