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Log In / Register | Apr 20, 2014

CEO Ted Teng Speaks on The Leading Hotels of the World, Hospitality Trends

"I found the company to be somewhat neglected... somewhat floundering," The Leading Hotels of the World's CEO Ted Teng starts out with as he speaks with Cornell School of Hotel Administration on November 15. Leading Hotels' members have hotels that include palaces, castles, hideaways and tropical resorts.

The Components of Hotel Labor Costs

Change in Avg Hourly Compensation vs UnemploymentLabor and related costs have long been the single expense category in operating a hotel.

Will Meetings Continue to Recover in 2012?

Hotel meeting planner attrition and cancellation income v room revenue, 2009-2010According to Smith Travel Research, group demand (measured as a percent of total demand) began to grow year-over-year in March of 2010.

When Will Lodging See Growth Again?

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PKF-HR president, Mark Woodworth and Senior Advisor Jack Corgel.

U.S. Hotels to Hit Bottom in 2009


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A hotel research and consulting firm projects consumer demand will contract just as a hotel-room glut hits in 2009. Chart/PKF-HR