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Lodging Leaders

229 | Panic Buttons: Hospitality Workers Sound the Alarm (Hotel Safety Part 2)

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  • 230 | Funding CapEx: New report tells what it takes for hotels to stay competitive
    Art
    September 18, 2019

    230 | Funding CapEx: New report tells what it takes for hotels to stay competitive

    More than 20 years ago, a team of hotel industry consultants and asset managers got together to figure out how much hotels in the U.S. spend each year on property improvements and maintenance. The idea was if owners and operators know in advance what it will cost to keep a hotel property up to date read more

  • 229 | Panic Buttons: Hospitality Workers Sound the Alarm (Hotel Safety Part 2)
    LODGING LEADERS
    September 11, 2019

    229 | Panic Buttons: Hospitality Workers Sound the Alarm (Hotel Safety Part 2)

    When Robb Monkman was a college student, he and his roommates were robbed at gunpoint. The home invasion and hostage taking rocked Monkman to his core and determined the course of his career. Monkman is founder and CEO of ReactMobile, which provides electronic security devices, or panic buttons, for businesses, including the hospitality industry. ReactMobile read more

  • 228 | Run, Hide, Fight: How to prepare for an active shooter (Hotel Safety Part 1)
    LODGING LEADERS
    September 4, 2019

    228 | Run, Hide, Fight: How to prepare for an active shooter (Hotel Safety Part 1)

    “Active shooter” is a term used by law enforcement to describe a situation in which a shooting is in progress. The classification calls into action protocols relating to response and reaction – not only by police but also by citizens, says the FBI. In the case of an “active shooter,” everyone’s response and reaction can read more

  • 227 | Mass Appeal: Crowdfunding for hotel development mines new sources of cash
    LODGING LEADERS
    August 28, 2019

    227 | Mass Appeal: Crowdfunding for hotel development mines new sources of cash

    When it launched five years ago, crowdfunding for real estate development was a hot topic, especially among hotel developers seeking new ways to pay for their projects. Though it’s not creating the same level of buzz as it did when it first became a federally sanctioned option in 2014, crowdfunding remains a viable tool in read more

  • Master Story Teller
    HUMANS OF LODGING
    August 21, 2019

    Master Story Teller

    Historic hotels have years and years of stories to tell. A challenge face by owners and operators of America’s landmark hotels is to educate the staff on the property’s history and train them to embody the hotel’s culture. One employee who doesn’t have to be schooled is Susan Stein. She’s the official historian at Grand read more

  • It’s A Long Story: Historic hotels gain new appreciation among travelers, brands
    Feature
    August 21, 2019

    It’s A Long Story: Historic hotels gain new appreciation among travelers, brands

    Historic hotels are popular across a wide range of travelers, including young adults. Historic Hotels of America, a division of the National Trust for Historic Preservation, is seeing its membership ranks grow as more developers either restore historically significant hotels or renovate landmark buildings into lodging assets. Also attracted to age-old lodging assets are hotel franchisers, especially soft brands. A study by the National Trust backs the organization’s belief that GenXers and millennials prefer to live, work and play in cities with historic buildings. That sentiment also goes for hotels with local stories to show and tell. Other research shows historic hotels generate more revenue than their contemporary counterparts.

  • 226 | It’s a Long Story: Historic hotels gain new appreciation among travelers, brands
    LODGING LEADERS
    August 21, 2019

    226 | It’s a Long Story: Historic hotels gain new appreciation among travelers, brands

    Hotel developers and investors seeking new ideas might do well to remember history. More travelers today want an immersive experience not just in the places they visit but in the hotels in which they stay. And they’re willing to pay more for it. Historic hotels often give guests what they crave – a sense of read more

  • 225 | LinkedIn Means Business: How to use social media to grow
    LODGING LEADERS
    August 14, 2019

    225 | LinkedIn Means Business: How to use social media to grow

    It’s not what you know, it’s who you know. That career adage is about 100 years old, but it still rings true today, especially when it comes to social media. If you’re not tuned into social media platforms such as Facebook, Instagram, Twitter and LinkedIn, it’s time to reconsider. With more than 3 billion people read more

  • Mixed Message: Multicultural and heritage tourism is big business
    Feature
    August 7, 2019

    Mixed Message: Multicultural and heritage tourism is big business

    Most people the world over think of the United States as a multicultural melting pot. We are still quintessentially American, but from north to south and east to west, our cities and outlying communities are dotted with districts defined by residents’ ethnicity and culture. Today, the more developed and culturally defined areas are attracting visitors in search of new experiences and information. Multicultural or heritage tourism is good for the hospitality industry, and it is beneficial to a city’s economic growth, say supporters.

  • 224 | Mixed Message: Multicultural and heritage tourism is big business
    LODGING LEADERS
    August 7, 2019

    224 | Mixed Message: Multicultural and heritage tourism is big business

    Most people the world over think of the United States as a multicultural melting pot. We are still quintessentially American, but from north to south and east to west, our cities and outlying communities are dotted with districts defined by residents’ ethnicity and culture. Today, the more developed and culturally defined areas are attracting visitors read more

  • Grading Curves: NAACP diversity report card reveals weaknesses in hotel companies
    Feature
    July 31, 2019

    Grading Curves: NAACP diversity report card reveals weaknesses in hotel companies

    “Equal opportunity for people of color in the United States remains an unrealized goal.” That is the opening statement in a recently released study by the NAACP. The 2019 study titled “Opportunity & Diversity Report Card: The Hotel & Lodging Industry,” not only shows stagnation in racial equality in hospitality workplaces, it reveals African Americans have lost ground over the past decade in their climb to the top in U.S. hotel companies. NAACP representatives attended NABHOOD’s summit to share the report’s results and find ways to reverse the trend, engage hotel companies and come up with clearer data, including counting the number of minority franchisees.

  • 223 | Grading Curves: NAACP diversity report card reveals weaknesses in hotel companies
    LODGING LEADERS
    July 31, 2019

    223 | Grading Curves: NAACP diversity report card reveals weaknesses in hotel companies

    “Equal opportunity for people of color in the United States remains an unrealized goal.” That is the opening statement in a recently released study by NAACP. The same opening statement appears in the organization’s 2012 report on diversity in the U.S. hotel industry. The 2019 study titled “Opportunity & Diversity Report Card: The Hotel & read more

  • 222 | Flying Solo: What it takes to go from franchised to independent
    LODGING LEADERS
    July 24, 2019

    222 | Flying Solo: What it takes to go from franchised to independent

    Independent hotel supply in the U.S. has decreased in the past 10 years, reports STR. The lodging-data company reports independently owned and operated hotels account for less than 40 percent of all hotels. About 1 percent of those close each year. But that trend may take a turn. It appears more and more hoteliers who read more

  • 221 | Home Sharing’s Heavy Hitters: Airbnb’s genius is branding (Part 2)
    LODGING LEADERS
    July 17, 2019

    221 | Home Sharing’s Heavy Hitters: Airbnb’s genius is branding (Part 2)

    Last week, part one of our report on Airbnb looked at the home-sharing giant’s impact on hotel business performance. We reported on a study that shows for every 100 percent increase in Airbnb accommodations in a market, hotel RevPAR declines by an average 3 percent. We also reported a growth in the number of whole read more

  • 220 | Disruptive Innovator: Measuring Airbnb’s impact (Part 1)
    LODGING LEADERS
    July 10, 2019

    220 | Disruptive Innovator: Measuring Airbnb’s impact (Part 1)

    More than 10 years ago, the short-term home rental industry began to shapeshift with the birth of Airbnb. The technology company has quickly grown from a small peer-to-peer home-sharing platform into a virtual behemoth with more rooms than any hotel company on the planet. Today, Airbnb has more than 4 million listings in nearly 100,000 read more

  • 219 | Train and Retain: Hospitality apprenticeship fills high-level jobs
    LODGING LEADERS
    July 3, 2019

    219 | Train and Retain: Hospitality apprenticeship fills high-level jobs

    It’s no secret the hospitality industry in America is in dire need of skilled employees. Many hotel owners and operators continually seek ways to attract and keep talent. The Bureau of Labor Statistics says the hospitality industry has a turnover rate of nearly 75 percent per year, compared to a healthy rate of 10 to read more

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