Year over Year Results Outpace National Forecasts
|Charlestowne Hotels Reports Revenues Up 18%
|
Year over Year Results Outpace National Forecasts
Charlestowne Hotels Reports Revenues Up 18% Charleston, SC August 2011 For the period ending June 30, 2011, the aggregated results of properties under the management of Charlestowne Hotels produced an average 18% year-overyear (YOY) increase in room revenue. The YOY growth rate represents properties that were under management during the same period last year for a true comparison of performance for the first half of the year. New client properties that have come under the firms management since January 2011 had combined revenue increases YOY of 22.2%.
Several properties that recently completed their first 12 months under Charlestowne Hotels management experienced an aggregated, first year room revenue increase of 43.7% YOY. These properties varied in size and lodging type, and are located in three different states. Charlestowne Hotels also began managing a bank-owned property in South Carolina, and that property generated more than double its revenue for the same period one year ago.
The revenue growth experienced by the firms portfolio is 140% greater than the overall US room revenue growth forecasted by independent analysts at PKF and Smith Travel Research. The newly added client properties trailing 12 months YOY revenue growth of 43.7%, however, shows remarkable growth that was more than five times the forecasted improvement. Senior Vice President Michael Tall, a partner in the firm and the executive responsible for leading the revenue management and marketing teams, believes that the extraordinary results for the new properties is not uncommon when new properties are basically relaunched with Charlestowne Hotels intense combination of revenue management, e-commerce, and marketing strategies uniquely designed and implemented for each clients property.
Inn Charlestown Hotel - News
It is conjectured that travelers, on their way back to the north shore, stopped in Charlestown and stayed at the Salem Turnpike Inn. The Charlestown Preservation Society did extensive research into the history of this building and surmises that it
The proposed tax hike was similarly unpopular among travelers at the Wingate hotel, located across the street from McAllen-Miller International Airport. “I think 9 percent is a little high,” said Alex Paredes. The 37-year-old from Charlestown, SC,
Charlestowne Hotels, Inc. (formerly Charlestown Management Hotels) is a full-service hospitality management company offering innovative, yet proven, expertise in hotel development, operational controls, marketing and revenue management, and financial
beach and dropped by the bar at an old traditional Cape hotel called the Lighthouse Inn. The bartender was in his 70s with a strong Boston accent, and the two of us had an easy conversation, sharing thumbnails of our pasts. He was from Charlestown
Mary stayed right across the street from Narragansett Beach at the Village Inn. She reports that this hotel was just okay, but her family chose it for its ocean view and short walking distance to the beach and restaurants. Some better choices of places
Inn Charlestown Hotel - Bookshelf
Hotel, an American history
Presents a history of the nineteenth-century first-class hotel, of what hotels have meant to American business, culture, and racial politics.Hotel and restaurant design
This volume is an inspiration and a necessity to any professional engaged in the many forms of hospitality and restaurant design.Hotel
During one sultry summer, the St. Gregory Hotel in New Orleans becomes the setting for a series of private and public adventures in romance and intrigue.Hotel Management and Operations
Covering the latest issues affecting the industry, this text gives students and professionals an up-to-date, dynamic learning resource.I Hotel
Daily News Directory
Hillbrook
Country house hotel featuring rooms, cottages, and dining.
The Constitution Inn | Boston's Best Value Hotel
... Hotel Deals, Inexpensive Boston hotels or Downtown Boston hotels. Waterfront and newly redecorated. The Constitution Inn offers the best deal on ...
Krystal Penguin Inn Charlestown RI, Charlestown Rhode Island ...
Reserve your rooms at Charlestown Rhode Island Hotel for memorable and enjoyable stay... Krystal Penguin Inn works hard to give you the service you deserve. ...
Hillbrook Inn Hotel - Charles Town - United States - With 3 ...
Great room deals for Hillbrook Inn in Charles Town. View photos & 3 guest reviews|Average rating: 5.0 / 5. Check room availability at Hillbrook Inn Hotel
THE INN AT CHARLES TOWN Hotel - Charles Town - United States ...
View photos & 4 guest reviews|Average rating: 4.8 / 5. Check room availability at THE INN AT CHARLES TOWN Hotel ... We're now watching the price for the The Inn At Charles Town. ...