Hotel Cost Controls in an Uncertain Market

There is no doubt that we are in the midst of a business cycle where average rate and occupancy are trending downward. With 5,800 new hotels coming on line in the next 12-18 months (representing 786,000 rooms), the additional capacity could be easily perceived as ill-timed.

A Developer’s Perspective: Reducing Fixed Costs in Hotel Operations

Interview with Melanie Pennell-Mayer, Managing Member of Associated Ventures, LLC

Today’s Biggest Challenge in Hospitality: Eliminating Cost Disadvantages

In today’s market climate it’s more critical than ever to eliminate cost disadvantages and become more successful. The logical starting point is to limit fixed overhead costs that remain constant despite fluctuating business volumes. This calls for precise forecasting.