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The gross operating profit margin for US hotels rose to 11.9% in September and 17.9% in October despite flat occupancy, the fading of summer leisure travel and continuing famine in business bookings, STR reports. Gross operating profit per room in October was nearly three times higher than September’s for airport hotels, while interstate hotels approached pre-pandemic figures, the analytics firm noted. Read the TravelPulse 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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