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Tag : robert mandelbaum

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How the Composition of RevPAR Growth Impacts Changes in Profits

December 18, 2017

By Robert Mandelbaum To project changes in profits we obviously need to look at the expected relative changes in revenues and expenses.  Profit...

Shifts In Revenue and Expenses Improve Hotel Food and Beverage Profits

November 20, 2017

By Robert Mandelbaum Consumer dining trends tend to be more volatile than lodging trends.  Recognizing this, hotel managers have made some significant...

Unexpectedly Slow - Hoteliers Overestimated 2016 Performance

October 16, 2017

By Robert Mandelbaum From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth.  Over the six-year period, total...

An Analysis of Franchise Fees

September 20, 2017

By Robert Mandelbaum In the current market environment of modest growth in revenue, hotel owners and operators are paying extra attention to their operating...

The Components of Payroll Costs in Hospitality

August 15, 2017

By Robert Mandelbaum Per the Bureau of Labor Statistics, the average hourly compensation for a hospitality industry employee increased by 3.6 percent in...

Management Fees – A Growing Expense

July 13, 2017

By Robert Mandelbaum The U.S. lodging industry recovery from the depths of the great recession was characterized by strong growth in rooms revenue (RevPAR),...

Paying the Intermediaries: An Analysis of Hotel Commissions

May 18, 2017

By Robert Mandelbaum The increasing incidence of intermediaries selling hotel rooms and other services is a major topic of discussion among U.S. hotel owners...

Select-Service Hotels: Efficient and Profitable

April 19, 2017

By Robert Mandelbaum The definition of “select-service” within the lodging industry may vary from person to person, but there is no doubt that...

Hotel Rooms Departments Struggle to Control Expenses

March 13, 2017

By Robert Mandelbaum and Gary McDade Changes in rooms revenue per available room (RevPAR), and RevPAR penetration receive a lot of attention from hotel...

Hotels Give To Get: An Analysis of Complimentary Services and Rooms

February 16, 2017

By Robert Mandelbaum and Viet Vo The offering of complimentary services and amenities by U.S. hotels is on the rise.  From 2007 to 2015, hotel...

Shopping For Profits: Retail Outlets Are More Efficient

December 15, 2016

By Robert Mandelbaum Historically hotels have offered retail operations primarily for guest convenience and satisfaction.  In general, the revenue...

Labor Is Laborious

November 17, 2016

By Robert Mandelbaum There a lot of “double-edged sword” issues on the minds of hotel operators these days.  Hotel occupancy levels are at...

Shifts in Hotel Revenues Reflect Changes in Development and Guest Preferences

October 21, 2016

By Robert Mandelbaum Historically, revenue management within the lodging industry has focused on renting guest rooms in a profitable fashion. Revenue...

CBRE Hotels’ Trends 2016

October 18, 2016

Robert Mandelbaum, Director of Research Information Services, discusses the highlights of CBRE Hotels' Americas Research's 2016 edition of...

USALI Changes Offer New Benchmarks

August 16, 2016

By: Robert Mandelbaum Every ten years or so, the Financial Management Committee (FMC) of the American Hotel & Lodging Association revises the Uniform...

Attrition and Cancellation Revenue: How Fees Affect Your Bottom Line

June 20, 2016

By Robert Mandelbaum Historically, if a guest notified the hotel 6 PM on the day of arrival that they would not be checking in, that was usually sufficient to...

Bucking Trends: Boutique Hotels with Food and Beverage

May 13, 2016

By Robert Mandelbaum For the past several years, limited- and select-service hotels have been extremely popular among hotel developers.  According to...

Credit Cards: Greater Risk, Greater Use

April 19, 2016

By Robert Mandelbaum and Dennis DuBois The use of credit cards has increased dramatically over the past few years.  Not only are transient guests using...

Hotel Spa Departments Following Industry Trends

February 17, 2016

By Robert Mandelbaum and Andrea Foster Coming out of the great recession, U.S. hotel operators struggled to earn revenue from sources other than the rental of...

Robert Mandelbaum Selected as 2016 Cornell Hotel Society President

February 6, 2016

Ithaca, NY, February 8, 2016 - The School of Hotel Administration (SHA) at Cornell University announces that Robert Mandelbaum is the new president of the...

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