New York SBDC Research Network

We've received some new editions in the library. These are sources we use frequently. One of the latest is the HOST Almanac 2017 (with 2016 data). It is published by Smith Travel Inc. The report covers limited and full-service hotel operations, labor analysis, costs, and expenses such as wages, taxes, golf operations, and maintenance among others.  You can see how the lodging industry is performing overall, trends,  revenue and expense growth, and transaction volume. A map of profitability change by market offers a very broad view of the US. The markets are broadly by state with some more detailed market information in populous areas. For the summary tables, hotels are split out by "chain-affiliated" and "independent" and by region in our case, "Mid-Atlantic" as well as split between "full" and "limited" service. You can also see hotels by location types such as urban, suburban, interstate, resort, and small metro/town and cl...

From Hotel News Now : In the digital age, music is omnipresent and access is immediate. Hotel operators, eager to improve the guest experience and elevate their brands, are assessing and enhancing the presentation of music at their properties. But along with the rise of online streaming, satellite radio and curated playlists comes the risk of copyright infringement. The hospitality industry is an easy target for such claims. A hospitality establishment generally must have a license to legally play music to the public, regardless of the method of play, which may include hosting a live band in an on-site club or bar, streaming a playlist from an internet music service, or even playing music that you purchased and stored on your own iPod. This license requirement is both administered and enforced by performing rights organizations. There are three such organizations in the United States: Broadcast Music; The American Society of Composers, Authors and Publishers; and The Society...