First, a look back at 2010: In December, 2009, major hospitality research firms were forecasting a continued, but very slight decline in hotel performance for 2010. Now that the year is over, we see that recovery in the hotel industry in 2010 was far superior to the original predictions: 2011 and 2012 Predictions from STR…
A Summary of Positive News and Statistics from the Lodging Industry! By OJ Robinson Increasingly good news and positive statistics are being reported by the lodging industry based on year to date performance in 2010. We all know that the 2008-2009 period was devastating for our industry: US Occupancy: down 14% ADR: down …
The importance of keeping business buy-sell agreements and valuations up to date.
Inevitabilities Owners begin thinking about the Exit Planning process when two streams of thought begin to converge. The first stream is a feeling that you want to do something besides go to work everyday. Click here to download the White Paper.
By Michael F. Coyle, CBI I’m not usually one for making predictions, but I think I’m on solid ground with these two statements: First, 2008, and perhaps 2009, will not go unmentioned in either history or economics textbooks. Second, being able “to tell your grandkids” is a small consolation as you consider the challenges you…
