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Property improvement plans, or PIPs in industry parlance, can be a sore spot in the relationship between franchisors and franchisees. While auspiciously meant to align property standards with changing guest expectations, they can create a slippery slope for the franchisee in terms of amenity creep and be an expensive undertaking with a questionable return. In no area is this more apparent than the economy segment of the market. PIPs are Growing More Expensive Historically, hoteliers The post PIPs in Perspective: Costlier Projects Negatively Affecting Economy Sector appeared first on LODGING Magazine.

FRISCO, Colorado—Denver, Colorado-based hotel company 5 Senses Hospitality Management has announced the opening of the AC Hotel Frisco Colorado by Marriott. The announcement comes nearly two years after the hotel’s acquisition in 2021 and subsequent renovation. Located off I-70, the property is nearby Summit County’s ski resorts including Breckenridge, Keystone, Copper Mountain, Beaver Creek, Arapahoe Basin, and Vail. The property is only six miles away from Sapphire Point, a hiking trail and wedding destination, along The post 5 Senses Hospitality Management Opens AC Hotel Frisco Colorado Following Renovation appeared first on LODGING Magazine.

HENDERSONVILLE, Tennessee—Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR’s latest data through March 25, 2023. U.S. Hotel Performance March 19-25, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 64.9 percent (down 0.6 percent, down 6.3 percent)ADR: $158.61 (up 4.7 percent, up 19.5 percent)RevPAR: $102.98 (up 4.1 percent, up 12.0 percent) Among the Top 25 Markets, Chicago saw the highest year-over-year increase The post STR: U.S. Hotel Performance Fluctuates With Spring Break Season appeared first on LODGING Magazine.

What initially inspired you to get into the hospitality business? My interest and experience in telling a story with data is what led me to STR. This is where I really learned the full breadth and depth of the hospitality business and the opportunities in this industry. My first experience in hospitality was when I was teenager working as a hostess, then server, at Ruby Tuesday. Working in restaurants throughout my college years taught me The post A Data Driven Story appeared first on LODGING Magazine.