This article explores what hoteliers should consider before renovating hotel properties, including the effect on occupancy and ADR, timing, ROI, and mandates imposed by franchise companies.

Hoteliers need to ready themselves for the possibility of wage increases and implement ways to mitigate the new costs of operation.

Hotel development in Cleveland is booming, thanks in part to the city winning the bid for the 2016 RNC, a new convention center and a surging health care sector.