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Hotel Management Fees Miss the Mark (Bajar archivo)
Prevalent incentive management fee structures partly align the interests of hotel managers with those of owners. They also arbitrarily reward managers primarily on market performance, rather than management effectiveness. A new approach is...
sep 19, 2011 Por Miguel Rivera
Hotel Market Review: Port Townsend, Washington (Bajar archivo)
Bed-and-breakfasts and small inns dominate the lodging landscape at Port Townsend. Lodging demand has remained stable since 2004. Infrastructure improvements and marketing efforts will support growth, while additions to hotel supply will temper it.
sep 14, 2011 Por Miguel Rivera
RevPAR- Adjusted Budgets: The Only Ones Worth Looking At (Part 3 of 3) (Bajar archivo)
This article is the third of a three-part series that explores the rationale, methodology and results related to RevPAR-adjusted budgets. Such budgets are proposed as a tool to measure management’s performance that is superior to unadjusted budgets.
jun 15, 2011 Por Miguel Rivera
RevPar - Adjusted Budgets: The Only Ones Worth Looking At (Part 2 of 3) (Bajar archivo)
Budgets are inappropriate to use as benchmarks for measuring a manager’s performance. One of the best ways to make budgets relevant is to adjust them using actual RevPAR indexes as the year progresses.
jun 2, 2011 Por Miguel Rivera
RevPar - Adjusted Budgets: The Only Ones Worth Looking At (Part 1 of 3) (Bajar archivo)
Operating budgets are planning tools that should not be used as benchmarks to measure management’s performance. Adjusting budgets for the market’s RevPAR performance makes them far more relevant. This article explains how to make these adjustments.
may 26, 2011 Por Miguel Rivera
HVS Asset Management & Advisory is featured in Hotels Magazine. The article explores the industry’s evolving approach to asset management. Reprinted with the permission of Hotels magazine.
oct 4, 2010 Por Miguel Rivera
Real estate markets are mispricing risk, systematically undervaluing real estate. Investors who buy now will profit when this mispricing unwinds. Historical data and examples are presented to support this statement.
ene 25, 2010 Por Miguel Rivera
