Hotel Effectiveness Blog

GOP and NOI are at risk - what is your plan?

wage rates

Last week, HotStats released its hotel profitability snapshot for the USA for January.  The story is grim.  RevPAR is growing more slowly (up 0.8% year-over-year) but Labor expenses are up by more than 4X that amount (up 3.4% vs January 2018). ...

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The Three Keys to Lower Labor Costs

wage rates

Hotel labor costs are rising quickly.  In the USA, a shrinking, competitive labor pool is driving wage rates, overtime and contractor usage to unprecedented heights, and the increases are projected to continue for the next 2-3 years. ...

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Look out, hotel wage increases are on the horizon.

wage rates

Over the past few months, the campaign to drive up entry level wages has gained a huge amount of momentum – a momentum which will begin trickling down to the hotel industry over the next few months. Hoteliers need to prepare themselves for higher...

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How much pay rates are increasing in hotels (2015)

wage rates

As economy improves and unemployment decreases, many hoteliers are wondering how fast they'll need to increase their pay rates.  Wage Watch has released their annual survey of planned pay rate increases for 2015.  This is based on a survey of hotel...

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