An 82% share of that revenue comes from franchise fees--hotel owners pay 5% of their revenues.
Many hotel owners still are asking premium rates for rooms in the region and require a minimum four-day stay.
The slowing economy makes the convention's opening all the sweeter for hotel owners.
In most cases, public markets value companies, including hotel owners, in terms of multiples of their cash flow or earnings.
Joe will be lumped in with shrimpers and waterfront hotel owners in a legal morass that could take years to unravel.
And Hao added, hotel owners should put disposable slippers in the rooms.
Not just new signage systemwide, which the franchisees are paying for, but some grabby commercials that draw hotel owners, as well as travelers.
The union - which has called for a day-long strike on Wednesday - said it would take further action unless hotel owners agreed to a deal.
The association representing hotel owners is trying to play down the strike, saying it will not cause serious disruption to business as occupancy rates are currently low.
Hotel owners sound the alarm either when another hotel is suspected of pumping in false reviews, or a company makes an offer to an owner to post fake reviews.
He meant that he'd use the "paired-share" status of Starwood to book big profits and avoid the conflicts between hotel owners and hotel management firms that plagued the industry.
The second reason is that lenders signed especially generous contracts with hotel owners and operators, which in many cases allow them to throw in the keys without the banks having recourse to their other assets.
ECONOMIST: Hotel owners and operators have their banks over a barrel
Congress must "update the laws to make sure that the people in the Gulf, the fishermen, the hotel owners, families who are dependent for their livelihoods in the Gulf, that they are all made whole, " he said at a meeting with Congressional leadership.
BP's offer to settle quickly might be a savvy move if Kenneth Feinberg, the special master hired by the Obama administration to oversee the fund, can obtain ironclad releases from the shrimpers, hotel owners and thousands of other people who claim they've lost money because of the spill.
The pitch is archetypal: the Goretorium is actually "the Delmont, " a '60s-era hotel whose owners make sure the guests enter -- and never leave.
It said the hotel's owners had failed to take advantage of available funding.
BBC: The Hind Hotel in Wellingborough applies for repair grant
The management won't be able to get anyone to move into the renovated hotel, so the owners will beg the boys to stay on at a reduced rent.
By moving CityCenter's casino 900 feet deeper into the site, Lanni is allowing hotel guests and condo owners to come and go without seeing or hearing a slot machine.
Everywhere I traveled last year, this shift to part-time service work was the main topic of discussion resort owners, hotel employees, waiters and retail clerks all discussed, and generally lamented, the changes.
FORBES: The End of Full-Time Work in the American Retail Service Sector
As they get more familiar with the hotel industry, more owners are opting for franchising, a system in which they pay for a chain's name, reservation network and marketing, but manage and control the hotels themselves.
So are two Cambodian investments by Raffles's present owners: Hotel Le Royal in Phnom Penh and Grand Hotel Angkor in Siem Reap, a splendid colonial relic which will have a new life as a luxury hotel for visitors to the sublime temples of Angkor Wat.
Since their limited-service lodging has average gross margins of 51%--versus 38% for full-service hotel chains--most owners can operate at lower occupancy levels.
Boyer has extra reason to be grateful -- the owners of the hotel have decided they will let her and the other evacuees stay indefinitely, even though they too have many other reservations for the rooms.
Harley owners receive rider-friendly hotel services, automatic upgrade to elite status upon enrollment, and discounted room rates.
In 2005 the Hendersons sold the estate to Andrew and Christina Brownsword, owners of the Bath Priory Hotel.
But they last heard from the owners on 9 April and the hotel gates are shut.
Missing from the document: what percentage of the hotel company the Pritzkers and its co-owners (Goldman and Madrone Capital Partners, a fund affiliated with the chairman of Wal-Mart Stores, together own 13% of the company) were planning to sell.
During their stay, the artists meet with critics, gallery owners and museum curators, and mingle with hotel guests.
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