1 Reply Latest reply: Sep 10, 2011 8:50 PM by shoeman1000 RSS

Hotels sprucing up after years of no improvements

pingreeman Platinum 1 Reviews
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USA Today reports that spending by U.S. hotels on improvements will increase 30% to $3.5 billion this year.

Other noteworthy facts from this article:

  • The estimated $5.5 billion spent on improvements in 2008 was an industry record.
  • Capital investment swooned quickly when the recession kept travelers at home. Capital spending on improvements fell 40% in 2009 and an additional 18% last year (2010).
  • Profit margins remain at 18-year lows on a per-room basis and occupancy is expected to remain at or below 60%.

See complete report at: Hotels Sprucing Up . . .

(For each location tag, you will be guided through a 3-step process to add (1) a city and a state or a city and a country, (2) a Marriott brand, and (3) a Marriott hotel.)

Location Brand Hotel
London, United Kingdom
  • Re: Hotels sprucing up after years of no improvements
    shoeman1000 Platinum 4 Reviews
    Currently Being Moderated

    as we all can attest, many, many, properties can use this much-needed updating.  There's nothing finer for a road warrior than entering a hotel property that has a recent signifigant update.

    (For each location tag, you will be guided through a 3-step process to add (1) a city and a state or a city and a country, (2) a Marriott brand, and (3) a Marriott hotel.)

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