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Looking back at the past always helps to give an indication of what the future may hold. The hotel industry has shown tremendous growth in all metrics since 2009. Forecasts show occupancy levels starting to decline while demand and supply level and ADR will grow. The consolidation of brand companies and new brand offerings that
Michigan’s economy is growing again, and Grand Rapids is leading the way. Since 2009, Grand Rapids has had the fastest growing regional economy in the state, increasing 29.2% to $58 billion, according to Michigan-based Bridge Magazine. The Metro Grand Rapids area has also been recognized as one of the fastest growing economies in the country.
This article compares the performance of casino slot machines and racino VLTs and gives an overview of the Ohio gaming industry.
As hospitality consultants, we understand the relationship between private developers and public entities. These public-private partnerships have long been an economic tool in the hospitality industry, but post-recession they have become more commonplace.
Many hotels are adding convenience shops as alternatives to classic full-service gift shops and vending machines. Learn how these shops are earning their 100 square feet of lobby space.
Developers slow to tap into weight loss resort demand. Learn about this emerging trend and its opportunity for growth.