Hotels transcend mere lodging. Some are a home away from home. Others might be an escape from home. Hotels are wedding venues, cultural hubs, conference centers, and dining halls. These experiences are all made possible thanks to devoted servers and skillful...
Hotels rely on equipment to establish a welcoming and comfortable environment for guests. From furnishings to appliances, the value of hotel equipment is significant. Obtaining a hotel equipment appraisal is critical for determining the value of these assets. The...
Hotels and motels provide temporary lodging services for domestic, business, and international travelers. Despite adverse economic conditions and travel restrictions, the hotel and motel industry has performed well in recent years. Moving forward, IBIS World expects...
Hotels and motels provide temporary housing for domestic and international travelers. This often includes providing food, beverage, recreational, and other additional services. According to IBIS World, there are over 166,000 hotels and motels throughout the United...
Despite the negative effects of COVID, the hotel and motel industry has experienced healthy revenue growth in recent years. Moving forward, this industry may benefit from increasing travel rates and consumer spending. As such, demand for the hotel and motel industry...
In recent years, the hotel and motel industry has experienced very healthy revenue growth. This is partly due to high travel trends and healthy economic conditions. However, the 2020 pandemic had a detrimental effect on both of these determinants. As travel rates and...
