Industry Analysis & Industry Trends
Hotel operators are poised for an uptick in room reservations as domestic and international travel rates grow. Over the next five years, the industry will expand, as operators invest in boutique hotels, spa resorts and overseas operations in emerging economies. In particular, the continued growth of specialty hotels and global operations will enable profit growth over the five years to 2019... purchase to read more
Industry Report - Industry Investment Chapter
The Hotels & Motels industry is subject to a moderate level of capital intensity. For every $1.00 the average hotel in the industry spends on wages in 2014, it will spend an estimated $0.25 on the use and replacement of capital. Both labor and capital play an important role in the industry.
As a service-based industry, hotel and resort operators are highly dependent on direct labor input across all areas of operation, from front-desk service, reservations, room service and cleaning, food preparation, liquor and beverage service, and back of house operational management. Due to the service nature of the industry, many of these labor-intensive functions cannot be substituted by technology or machinery... purchase to read more