There is no shortage hotel industry KPIs. From operations to finance to guest experience, there are a lot of key performance indicators that hotel owners and managers can track and monitor to cut costs and increase revenue. Of the dozens of KPIs that hotel owners and...
Over a year ago, one of our first blog posts addressed the differences between occupancy-based smart thermostats and programmable thermostats in commercial spaces. Sometimes though, we get inquiries from property managers asking us how our energy management...
Today we’re excited to announce that Verdant’s energy management thermostat has been certified by Hilton as one of the first compatible thermostats for the Hilton Connected Room Initiative. What is Hilton Connected Room? Imagine a guest experience where...
In the climate of the current bull market, stock performance gets most of the attention; but that doesn’t mean there still aren’t other investment opportunities that are poised to generate a generous return. Indeed, any well balanced portfolio is a...
When it comes to purchasing a hotel, there are some unique twists to financing its acquisition that every borrower should understand before making an offer or signing a term sheet. For starters, whereas some larger REITs will buy for all cash and then find favorable...
It’s an exciting time to be in the hospitality business. Indeed, new technologies have given rise to a number of trends that are transforming the industry. But with new opportunities comes new challenges, and there are 4 prominent challenges that hotels must...
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