How hoteliers are balancing procurement challenges
Hotel procurement continues to face challenges due to a confluence of factors that have reshaped the landscape of the hospitality industry…
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L.A. kills developer’s plans for Bulgari hotel in Benedict Canyon
Los Angeles city officials on Wednesday halted a developer’s efforts to build a luxury resort on a Benedict Canyon mountainside…
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Tata Power's clean energy deal with Chalet Hotels reduces C-emissions
Tata Power Renewable Energy (TPREL) has entered into a power delivery agreement (PDA) with Chalet Hotels, aimed at supplying 13.75 million units (MU) of environmentally friendly energy…
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Greek hotel wins first prize in the ‘Blue Flag’ competition for 2023
Situated on Paralia Katerinis, The Mediterranean Village Hotel and Spa has won first prize in the international best practices competition for its energy saving and management techniques…
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Greek Hotel Wins Global Award for Turning Green and Becoming Energy Independent
The Mediterranean Village Hotel & Spa located in Katerini, Pieria, was recently rewarded for its sustainable management by Blue Flag International, the world-renowned ecolabel run by the Foundation for Environmental Education (FEE)…
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A more efficient hotel labor management, two-way integration provides a comprehensive view of forecasting, scheduling and actual labor hours that enables hoteliers to make proactive staffing decisions based on up-to-date data…
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Passivhaus: Yorkshire coast could become home to UK's first ultra-low energy hotel
The Cliffemount Hotel in Runswick Bay near Whitby has said it is seeking planning permission from North Yorkshire Council that could make it the UK’s “first Passivhaus hotel”…
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Transparent Energy: Helping Hotels Procure Energy and Manage Risk
Transparent Energy, founded in 2009, specializes in helping hotels and other large energy buyers procure the electricity, natural gas, and renewables they need to run their businesses…
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HVS Report - U.S. Hotel Development Cost Survey 2023 - By Luigi Major
Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type…
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Hospitality building construction costs for 2023
Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities.
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Seven Ways to Plan Your Hotel Budget in Times of Inflation
With the industry still recovering, here are a few things to consider this budget season. Go back to March 2020, and you’ll find a major point of inflection for the hotel industry — one that they’re still reflecting from…
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The Key Attributes of a Proper Hotel Financial Statement
Having a monthly financial statement for your hotel is the key to creating an effective management process inside your business. But, like many things in life, hotel financial statements are not all equal…
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Perception vs. Reality; A recap of predictions for 2021 vs. what took place
“The best-laid schemes o’ Mice an’ Men / Gang aft-a-gly” said Robert Burns in his poem To a Mouse in 1785…
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Hospitality Financial Leadership – Why Is Hotel Accounting Different?
I heard this about 40 years ago and it has stuck with me. I was a newbie cocktail waiter working part time in my hometown hotel…
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Hilton Housekeeping Is Now On-Demand
During the pandemic we’ve seen hotels cut all kinds of services due to lack of demand and to minimize contact between people. Over the past several months it has become increasingly clear that many of these service cuts are permanent…
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