by SVN | CAG | Sep 28, 2021
The hospitality industry may be hurting, but that doesn’t mean hotel real estate has to. If you find yourself with a batch of lemons, the wise move is to make lemonade. What if you’ve got hotel properties in a down hospitality market? Luckily, you’ve got some...
by SVN | CAG | Aug 30, 2021
Hospitality industry benefits from pent-up travel demand; projections remain encouraging Hotels have been getting some pleasant wake-up calls in recent months: The industry is improving. Certainly, that’s the case in the Tampa and Sarasota markets. The COVID-19...
by SVN | CAG | Apr 14, 2020
Because of devastating hurricanes, Florida hoteliers have experience in navigating massive drops in demand and extended recovery periods. At previous pricing levels, hotel occupancy above 60% typically indicated break-even. And with staff being a hotel’s costliest...
by SVN | CAG | Aug 27, 2019
Labor cost increases have eclipsed hotel revenues for the last three years, yet hotel analysts say the industry prepares to weather future economic hits. Two recent U.S. hotel reports paint an industry picture of slowing growth. Revenue per available room, or RevPAR,...
