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...
In the climate of the current bull market, stock performance gets most of the attention; but that doesn’t mean there still aren’t other investment opportunities that are poised to generate a generous return. Indeed, any well balanced portfolio is a...
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...
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...
Smart tech is changing everything from the homes we live in to how our cities are managed, and the hospitality industry is no exception. In fact, in many ways, the hospitality industry is leading the charge in the adoption of smart business technology. Credit: phife...
When it comes to the hotel industry, there is no shortage of KPIs. Indeed, when evaluating the performance of their properties, hotel owners can look at everything from operational KPIs to financial KPIs to guest experience. But there is one hotel KPI that really...
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