carrie russell
How to Add Value to Your Hotel Asset
Carrie Russell | May 16, 2019
By Carrie Russell At the most basic level, the value of a hotel is based on the property's net income divided by a capitalization rate. As such, one has two possible levers to adjust as a means of increasing a property's value: either increase the property's net income or decrease the capitalization rate. The capitalization rate, which is a factor that represents both the risk and the desired return associated with a given asset, is in actuality difficult to influence. Firstly, returns are market driven, which means that the capitalization rate is determined by market forces, not the will of owners. Secondly, it is the buyer's perceptio...
Canadian Hotel Development Cost Survey 2018
Carrie Russell | March 19, 2019
By Carrie Russell, Tom Beckett, Lily Li Introduction In 2018, the Canadian lodging market reached a new record high for RevPAR. Although regional performance differed widely, more developments are in the pipeline in 2018 that any year since 2013. After the global financial crisis hit the Canadian lodging market in 2009, causing a 12.3% contraction in RevPAR, the industry in general has been on an upward trajectory. In fact, RevPAR growth for the country has been registered for 106 consecutive months—the longest period of sustained growth on record. Strong metrics in many hotel markets, availability of competitive debt financing, a...
1
Industry Happenings
2
All Things Independent
3
Market Reports
4
Technology
5
Operations
Breaking News
The Hospitality Way of Survival After Covid-19 Crisis
What a Sparkplug Teaches About Hotel Operations During a Crisis
Is Your Business Hard-Wired for Panic or Innovation?
The Relevance of Brand Relevance
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.