Hospitality economics

Do luxury hotels make money? The higher levels of revenue generated by luxury hotels is not only a product of the occupancy and ADR premiums, but the diversity of revenue sources. In 2018, rooms revenue in the luxury hotel sample averaged 59.3 percent of total revenue. Read more on www.hospitalitynet.org Luxury hotels are frequently linked … Read more

The cost of lodging is one of the biggest ones when it comes to traveling. As a result, vacationers are constantly searching for affordable lodging options. A bed and breakfast (B&B) is one choice that comes to mind as opposed to a hotel. But are B&Bs less expensive than hotels? Generally speaking, bed and breakfasts … Read more