Mike Grove has been with the company for the last 6 years. Tanya Venegas has played a crucial role in
Today, more data than ever is available to enable operators to budget and forecast based on current conditions rather than
In UAE, Saudi Arabia, India, Brazil, and the Caribbean, hotel profit margins in the first half of 2023 well surpassed
For the rest of the fiscal year, it is imperative for professionals in the hotel industry to monitor market fluctuations
Both the luxury and midscale and economy segments exhibited the greatest year-on-year margin declines
Despite a challenging start to the year in Europe due to high energy costs and reduced demand, the last three
Total revenue in Europe was a full €6 higher in June 2022 than in June 2022. For the second quarter,
In the U.S., April gross operating performance per available room (GOPPAR) hit $96.08, which was 92% back to where it
Beware the ides of March. But for the global hotel industry, the month was anything but a tragedy.
Ever since profit fell dramatically in April 2020, well into negative territory, U.S. hotels have steadily climbed back, but the