7 Strategies for Increasing Senior Residence Revenue

From cost-cutting to cross-selling, there are no shortages of ways that businesses can increase revenue. The strategies that are best suited for any business (and are poised to have the greatest impact), however, will depend on that business’s industry and the...

Smart Student Housing Tech from AI to IoT

Smartphones and smart watches. Smart fridges and smart TVs. Smart homes and smart cities. Sometimes, it seems like the Internet of Things (IoT) is making the world around us smarter and more woke by the minute. And these IoT technologies aren’t limited only to...

How Airbnb has Disrupted Hotel Management

In business, the laws of supply and demand tend to be immutable. Barring external interference (such as government regulation), any change on either side of the marketplace tends to have a near immediate effect on prices. And any change in prices has a direct impact...
Verdant approved as Hilton Connected Room Compatible

Verdant approved as Hilton Connected Room Compatible

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 you can login...

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Buying a Hotel: Financial Checklist

Buying a Hotel: Financial Checklist

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...

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4 Challenges Facing the Hotel Industry

4 Challenges Facing the Hotel Industry

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 overcome...

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12 Essential KPIs for the Hospitality Industry

12 Essential KPIs for the Hospitality Industry

As new technologies give the hospitality industry new ways to measure and optimize its performance, it’s more important than ever that hotels closely monitor their KPIs, and use that intelligence to optimize their operations and increase profitability. On the one...

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