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Survey: NYU, EY offer CFO insights

Hotel Business

Sean Hennessey, associate professor, NYU SPS Tisch Center of Hospitality, and a contributor to the report, added, “Although recessionary fears and unfavorable interest rates may dampen transaction activity, survey respondents remained confident that the improving operational trends will sustain the lodging sector’s trend of profit improvement.”

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10 Tips When Buying a Hotel

MBA Hotels

Potential pitfalls of a major renovation include excessive room closures, negative guest reviews, or even losing a large client due to noise and construction. New construction also carries far greater risks than buying a performing hotel. New construction also carries far greater risks than buying a performing hotel.