Hotel Development

Vision 2050 – 2nd Edition

Vision 2050 – 2nd Edition

The Recovery Year For Hotels The final U.S. lodging industry numbers for 2020 came out and RevPAR literally finished at half of where it finished in 2019---that’s right, half! Occupancy was 66.1% at $131.17 average rate and RevPAR of $86.76. 2020 finished at 42% at a...

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Vision 2050 – 1st Edition

Vision 2050 – 1st Edition

The next 30 years begins with COVID-19 recovery. What does that look like? We pick up the pieces that were cracked, torn apart and ravished one by one. We will review demand, those elusive customers who are either mandated to stay at home, are afraid to travel or were...

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Hostmark acquires RAR Hospitality

Hostmark acquires RAR Hospitality

Hostmark Hospitality Group continues to grow with the acquisition of RAR Hospitality, a San Diego-based hospitality management group. The combined company now will own and operate both limited-service and full-service as well as branded and independent hotels across...

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The RAR Story

The RAR Story

By Robert A. Rauch, CHA In 1974, I attended the University of Illinois as an English major. I had recently dropped out of Pre-Optometry at Indiana University and my father had said, “I don’t care if you major in English, just go back to school!” Ok, dad, I figured,...

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