Stay updated with breaking news from Hotels research. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Management company compensation slowed in 2023 hotelmanagement.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelmanagement.net Daily Mail and Mail on Sunday newspapers.
Marriott Vacations Beats First-Quarter Estimates skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.
CBRE: More than 50% of investors will buy more this year hotelmanagement.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelmanagement.net Daily Mail and Mail on Sunday newspapers.
Management Company Compensation Slows in 2023 | By Robert Mandelbaum and Tim Dick hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Article - U.S. Hotel Management Company Compensation Slows in 2023 - By Robert Mandelbaum and Tim Dick - As U.S. lodging industry performance decelerated in 2023, so did the amount of fees paid by owners to their management companies. Preliminary results from CBRE s annual Trends in the Hotel Industry survey find that total hotel revenue growth slowed to 6.9% in 2023, while GOP inched up by 3.5%. As a result, total management fee payments rose by just 1.2% during the year, well below the double and triple-digit growth rates seen in the previous two years. ....