Articles
Comfort Inn to be built near Miller Motorsports Park
Ground will be broken for a Comfort Inn and Suites Hotel in Lake Point at 8580 N. Highway 36 in Tooele County on Oct. 4, according to Hotel Manager's Group, a third-party hotel management firm with headquarters in San Diego and a local office in Park City.
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HMG's Newest Achievement: Getting the Outstanding Quality Assurance Scores
Hotel Managers Group, the renowned hotel management company located in North America, has recently received two Outstanding Quality Assurance Scores for their hotels this month. This esteemed score is for the maintenance and housekeeping services.
Press Release
The Recovery of the Hospitality Industry - Slow and Steady
Among the recovering industries is the hospitality industry. People are starting to travel again and hotel management companies are breathing a cautious sigh of relief. Now, hospitality management companies are asking the question "How quickly will the industry recover?"
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Midwest Lodging Investors Summit (MLIS) is being held from July 17-19, 2011
If you are part of a Hospitality Management Companies or a Hotel Industry, this is the event of the year, and should not be missed.
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Great News for Utah Hotel Management Companies!
The beautiful state of Utah has a strong economy popular with tourists and businesses alike. This results is a large body of travelers passing through Utah, which means the hotel business of Utah, on a whole, is well utilized. This is great news for those in the hotel management industry.
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Social Networking in the Hospitality Industry
Through the power of social networking, a hospitality management company can quickly expand its marketing. Given the weakness of the current economic recovery, the Hospitality industry can not afford to miss any opportunity to reach so many potential customers at no additional cost.
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Hotel Sale Prices Increase as Economy Rebounds
As a new cycle of increased tourist activity begins, investors are driving up the selling price of hotels in anticipation of higher future profits. According to the latest quarterly study by Lodging Econometrics, the average selling price of a hotel room during the first quarter of 2011 was $125,946, which represents an increase of nearly $30,000 from the same quarter last year.
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It is a Perfect Time to Expand Hotel Business in Colorado
Hotel Managers Group has selected the perfect time to grow their hotel management and hotel services business in Colorado:
Denver, Colorado Springs, Aurora, Fort Collins, Lakewood, Thornton, Pueblo, Arvada, Westminster, Centennial, Aspen, Castle Rock, Englewood, Littleton, Canon City, Loveland, Boulder
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The Bright Future of the Hotel Industry
The hotel management industry has been hit by a plethora of bad news ever since the United States fell into a recession back in 2008. With unemployment hovering near 9 percent, many people have been struggling to pay for the necessities of life, let alone luxuries like a family vacation. Even for those who do have a job, wage growth has been stagnant, leading to considerable consternation about future job prospects.
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Hotel Managers Group Helps Denver Hotels Deal with Growth
As other cities struggle to overcome the effects of a stagnant economy, Denver is thriving again due to the strength of a strong tourist sector. People looking for affordable vacations are turning away from the coasts and heading towards the interior of the country. Cities like Denver provide all the amenities of the large, modern metropolis while also giving greater solitude than typical urban jungles.
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Hotel Industry Expecting Robust Growth in 2011 and 2012
In news that any hotel operator will be thrilled to hear, PricewaterhouseCoopers released its updated growth forecast for the hospitality industry, indicating that a rebounding national economy and a shortage in new lodging units will boost the revenue per available room, also known a RevPAR, by 7.6 percent this year.
Given the weak economy in the United States over the past couple of years, caused by a mortgage bubble that sank the country into a protracted recession, the tourist industry has struggled to maintain adequate demand as people have less discretionary income to afford vacations. This has made it tough for any hotel operator to maintain their profit margins in the face of decreasing growth prospects.
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