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2019 HVS Performance Report: Spa Department – Hotel

2019 HVS Performance Report: Spa Department - Hotel

By Rodney Clough, Mia Mackman On average, spa and wellness departments run profitably and can contribute significantly to a hotel’s bottom line. This report is our second annual performance report published by HVS that tracks and monitors spa department performance and profitability. The data presented reflect spa operating-statement averages and …

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Over Easy: History of Shopping, part II

Over Easy: History of Shopping, part II

Ever wonder why the clothes that fit you so well 20 years ago are too small today? Has your size gone from medium to large without you knowing how or why? Well, here is a cockamamie theory to explain such a phenomenon. A theory that makes about as much sense …

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Spas contribute substantially to US hotel revenues

Spas contribute substantially to US hotel revenues

SPAS HAVE BECOME major revenue contributors for U.S. upper-upscale and luxury hotels, according to the HVS 2019 performance report on spa departments. The report’s authors conclude a new focus on wellness by hotels could continue the trend into the future. Spas in upper-upscale hotels generate 5.2 percent of total revenue …

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Report: Spas contribute substantially to US hotel revenues

Report: Spas contribute substantially to US hotel revenues

SPAS HAVE BECOME major revenue contributors for U.S. upper-upscale and luxury hotels, according to the HVS 2019 performance report on spa departments. The report’s authors conclude a new focus on wellness by hotels could continue the trend into the future. Spas in upper-upscale hotels generate 5.2 percent of total revenue …

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Stock Futures hold gains after December jobs report

Stock Futures hold gains after December jobs report

By Sruthi Shankar (Reuters) – The Dow Jones Industrial Average on Friday crossed the 29,000 mark for the first time, as gains in technology and healthcare stocks offset concerns from a report showing slower-than-expected U.S. jobs growth in December. The main U.S. indexes opened at a record high despite futures …

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