What Hoteliers Should Know About Proposed Joint-Employer StandardThe deadline is approaching for final comments on the National Labor Relations Board's proposed changes to its joint-employer standards, which for the hotel industry could mean temporary workers can join a hotel's labor union.
Investor Confidence in Hotel Sector HoldsThe Baird/STR Hotel Stock Index grew in value by 2.7% in November, after a 14.4% hike in October, but still underperformed broader economic indexes the S&P 500 and the RMZ, which grew in value by 5.4% and 5.6%, respectively.
Pacifica Hotels' Investment Strategy Goes Against the GrainAs many hotel owners flock to leisure travel-centric markets for investments, California-based Pacifica Hotels is betting on markets that haven't yet recovered from the COVID-19 pandemic, CEO Matt Marquis said.