by Ross Woods | Jun 13, 2019 | Blog
Does the price of a hotel stay increase a guest’s satisfaction or does it have a negative impact on guest satisfaction? Price can be seen as a signal on the quality of a service, such as a guest-stay, or as an indicator of sacrifice. There appears to be a...
by Ross Woods | Jun 8, 2019 | Blog
While the probability of a recession has grown from 11.1% in May 2019 (forecasted in May 2018) to 29.6% in May 2020 as illustrated in the lower graph, our U.S. RevPAR Volatility Index remains in the first or lower quartile. Over the past thirty years or so, the index...
by Ross Woods | Jun 4, 2019 | Blog
Executive Summary RevPAR growth rates and employment growth rates over the 1987-2018 period for the Top 25 hotel markets were used to examine the relationship between employment growth and RevPAR growth. Our findings conclude that while employment growth contributes...
