Opinion

Management Company Compensation Slows in 2023

Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel ...

Robert Mandelbaum
Robert Mandelbaum
Director of Research Information Services at CBRE Hotels
CBRE Hotels
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Finance & Accounting
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Robert Mandelbaum
by Robert Mandelbaum and Tim Dick
9 May 2024CBRE HotelsFinance & Accounting
CBRE Hotels
Opinion

Things to Consider if Your Hotel PIP Is Coming Due

For hotel owners, embracing a property improvement plan (PIP) may initially seem financially challenging, especially given today’s market uncertainties, high construction costs, increased interest rates, and labor shortage. However, PIPs serve as a ...

Mitchell Glasson
Mitchell Glasson
Associate Vice President at Matthews Real Estate Investment Services™
Matthews Real Estate Investment Services
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Finance
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Real Estate & Investment
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Mitchell Glasson
by Mitchell Glasson
7 May 2024Matthews Real Estate Investment ServicesFinance
Matthews Real Estate Investment Services
Opinion

Capex and PIPs – What We Learned From Industry Experts at the Hunter Hotel Investment Conference 2024

Embarking on a hotel renovation? Armed with a Property Improvement Plan (PIP) but unsure where to start? We’ve got you covered with insights learned at the recent Hunter Hotel Investment Conference in Atlanta where industry experts spoke from a dive...

Charis Atwood
Charis Atwood
Hospitality Consultant at Hospitality Consultant Cayuga Hospitality Consultants
Cayuga Hospitality Consultants
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Finance
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Events & Conferences
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Charis Atwood
by Charis Atwood
2 May 2024Cayuga Hospitality ConsultantsFinance
Cayuga Hospitality Consultants
Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now
Opinion

Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now

Effective financial management is paramount for the success of a hotel business. One of the critical aspects of financial management is budgeting, a process that traditionally involves significant time, effort, and coordination among various departm...

Jason Q. Freed
Jason Q. Freed
Hospitality Data Evangelist
Otelier (formerly myDigitalOffice)
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Property Technology
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Management Companies
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Finance & Accounting
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Asset Management
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Jason Q. Freed
by Jason Q. Freed
30 April 2024Otelier (formerly myDigitalOffice)Property Technology
Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now
Keeping Hospitality Human: The Importance of a Personal Touch in Hotel Technology Management
Opinion

Keeping Hospitality Human: The Importance of a Personal Touch in Hotel Technology Management

As renowned author Maya Angelou once said, “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.” This sentiment is at the core of what most hoteliers strive to achieve for guests du...

Jill Wilder
Jill Wilder
President, Aptech Computer Systems Inc
Aptech
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Property Technology
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Finance & Accounting
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Jill Wilder
by Jill Wilder
30 April 2024AptechProperty Technology
Keeping Hospitality Human: The Importance of a Personal Touch in Hotel Technology Management
5 Reasons to Celebrate Your Night Auditor on May 18
Opinion

5 Reasons to Celebrate Your Night Auditor on May 18

On May 18, Otelier is once again asking hotel leaders to come together to shine a spotlight on the dedicated overnight crews that keep our establishments running seamlessly through the night. We have several ways you can recognize their hard work th...

Jason Q. Freed
Jason Q. Freed
Hospitality Data Evangelist
Otelier (formerly myDigitalOffice)
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Property Technology
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Management Companies
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Finance & Accounting
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Asset Management
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Jason Q. Freed
by Jason Q. Freed
25 April 2024Otelier (formerly myDigitalOffice)Property Technology
5 Reasons to Celebrate Your Night Auditor on May 18
The Future of Hotel Procurement is in the Cloud—Here’s Why
Opinion

The Future of Hotel Procurement is in the Cloud—Here’s Why

If your hotel uses in-house software to manage procurement, leadership may be reluctant to adopt a cloud-based solution—especially if an on-premise system has served you well for many years. This mindset is likely to put your hotel behind competitor...

Johannes Vocke
Johannes Vocke
Chief Financial Officer
FutureLog AG
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Finance
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Information Technology
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Lodging Industry
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Innovation
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Johannes Vocke
by Johannes Vocke
23 April 2024FutureLog AGFinance
The Future of Hotel Procurement is in the Cloud—Here’s Why
Opinion

Key Secondary Economic Growth Indicators That Contribute to Lodging Development

It is common knowledge that in order for a lodging operation to be successful, market conditions that contribute to that success must be in place well before the operation opens its doors. While these conditions may be primary to the operation’s suc...

James Downey
James Downey
Professor Emeritus, Lynn University
Lynn University
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Finance
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James Downey
by James Downey
22 April 2024Lynn UniversityFinance
Lynn University