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Hotels

In: Travel Industry Economics

Author

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  • Harold L. Vogel

    (Vogel Capital Management)

Abstract

This chapter reviews the history, economics, terminology, accounting, and operating aspects of lodging and hospitality providers. Key performance metrics that are essential to evaluating competitive micro- and macro- economic and financial conditions are explained and applied. Valuation methods and the relationships to real estate, labor costs, and construction plans, and interest rates are also covered.

Suggested Citation

  • Harold L. Vogel, 2021. "Hotels," Springer Books, in: Travel Industry Economics, edition 4, chapter 0, pages 191-242, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-63351-6_4
    DOI: 10.1007/978-3-030-63351-6_4
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