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Tag : robert mandelbaum

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Cost Controls Perpetuate U.S. Hotel Profit Growth In 2017

July 17, 2018

By Robert Mandelbaum U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue...

Extended-Stay Hotels: Growth or Performance?

June 12, 2018

By Robert Mandelbaum When investing in hotels, recent year-over-year trends in revenues and profits, along with current performance values, are two of the...

The Outlook for U.S. Hotel Profits in 2018

April 24, 2018

By Robert Mandelbaum and Bram Gallagher Ph.D. Since 2014, U.S. lodging industry owners and operators have seen a steady decline in the pace of revenue...

Measuring the Investment in Training

March 19, 2018

By Robert Mandelbaum In 2016, the average property in our Trends® in the Hotel Industry survey sample spent 31.3 percent of its total revenue, or...

Other Operated Departments Become Even More Minor

February 14, 2018

By Robert Mandelbaum In lodging industry parlance, other operated departments are frequently referred to as minor operated departments.  Based on recent...

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...

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