October 31, 2016According to a new trend analysis report by Dr. Bjorn Hanson, the amount spent on capital expenditures for the US lodging industry is forecast to be at a record level of $6.6 billion in 2016, approximately $1,350 per available room.
October 27, 2016
Revised Corporate Hotel Rate Negotiations 2017 Forecast – Average Daily Rate Growth Slowing More than Expected While Negotiations are in Progress, Shifting the Balance of Power Even More to BuyAccording to a revised report issued by Dr. Bjorn Hanson, the slowing average U.S. lodging industry daily rate growth is providing even more strength to the negotiating position for the buyers.
October 24, 2016
Danny Meyer, CEO of Union Square Hospitality Group, is the Featured Guest at the Annual NYUSPS Jonathan M. Tisch Center for Hospitality and Tourism Stephen W. Brener Distinguished Lecturer Series on November 9The evening’s discussion will focus on Meyer’s vision on “enlightened hospitality,” the belief that putting employees first is the key to running a meaningful and sustainable business.
October 3, 2016
Corporate Hotel Rate Negotiations 2017 Forecast – A Change in the Balance of Power from Sellers to BuyersAccording to a new trend analysis report by Dr. Bjorn Hanson, the emerging outlook for corporate contract rates is for a change in the balance of power from sellers to buyers.
August 29, 2016
U.S. Lodging Industry Fees and Surcharges Forecast to Increase to a New Record Level in 2016 – $2.55 BillionAccording to a new trend analysis report by NYUSPS Tisch Center Clinical Professor Bjorn Hanson, the total fees and surcharges collected by U.S. hotels will increase to another record level in 2016.