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The hotel industry’s profit in 2011 rose 15.7 percent from that in 2010, to approximately $33 billion, STR reports through its Hotel Operating Statistics program. STR found the economy segment showing the highest profitability among all industry segments with a 42.3 percent profitability in 2011. Overall, profitability growth in the previous year ranged from 9.3 percent to 41.5 percent across the hotel segments, according to the report. Read the HotelNewsNow.com story here.
The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.
2023 Virtual Men’s Round Table was held on November 7th, 2023 via Zoom.
Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces the completion of a capital improvement project at the Glenpointe Marriott, a 351-room full-service hotel located on the company’s Glenpointe corporate campus in Teaneck, N.J. The capital improvement project transformed the hotel’s 39,317-square-foot
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