The cost of guest acquisition is on everyones mind these days, which means GMs are feeling pressure from ownership, asset managers and their hotel management companies to maximize the ROI from their marketing investments.
Singapore performance down from 2016 Airshow and Chinese New Year time period - South Korea supply growth limits potential Olympics performance boost - Thailand performance strengthens during Chinese New Year
The Gaylord Texan Resort is preparing to open the doors of its latest addition, the all-new Vineyard Tower, in the beginning of May 2018. The $120M project was completed by property owners Ryman Hospitality Properties, Inc. (NYSE:RHP).
Most hotel operators, particularly those with properties in popular destinations, have a lot to celebrate. In the United States, the industry has enjoyed eight straight years of RevPAR growth. Industry analysts agree that the party may be far from over.