Author Archives: thiBlog

New Technology in the Hotel Industry – 2015

Every year, new hotel and travel technologies are born to amaze both guests and hoteliers. The birth of keyless entry has encouraged many companies to invest more time and energy in creating more innovative technology for the hospitality and travel … Continue reading

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Hotel Transaction Review for 2014

Cleveland Research has just recently released the results of overall hotel transactions throughout 2014. The graph below shows that hotel cap rates started at over 8.0% in 2014 and has been inconsistently declining throughout the year, ending at 7.7%. Since … Continue reading

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REITs and Hotel Companies are “Rocking & Rolling”

Q3 reports from various hotel companies as well as various REITs show great performance and outlook for the hospitality industry. Topping the list was Hyatt Hotels with net income was $32 million during Q3. RevPAR increased 7.6% year over year. … Continue reading

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Apple’s Solution to Never Lock Yourself out of Your Hotel Room Again

Have you ever locked yourself out of your hotel room? You may not remember to bring your keys with you especially when you’re just leaving your room service tray outside your door. Or better yet, remember the time your magnetic … Continue reading

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City of San Francisco Enters the Hospitality Business

On Tuesday, October 7, 2014, the San Francisco Board of Supervisors voted 7-4 to pass a law that came to be known as the “Airbnb Law” which will take effect in February 2015. It is estimated that this will generate … Continue reading

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Los Angeles Minimum Wage Increase for Hotel Employees

Since 2010, workers at LAX have had a higher minimum wage that is now up to $15.84/hour. Recently, this ordinance was also approved for thousands of hotel workers. Hotel employees and lawmakers have been pushing for a higher minimum wage. … Continue reading

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Hotel Surcharges You May Not Be Aware Of

The hotel industry sure plummeted during the global recession, but quickly found a way to get back on track. In 2012, hoteliers collected approximately $1.95 billion in additional surcharges and fees. As if a few mandatory fees are not enough, … Continue reading

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Fair Franchising – A Glimpse of the Future

California is known as the home of franchising. Recently, some businesses raised their concerns regarding the California Senate Bill 610 which was introduced by Senator Jackson on February 22, 2013. Also pertained to as “fair franchising”, it is intended to … Continue reading

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