Hotels Go to War with Airbnb

New national lodging service, Airbnb, has come under fire lately. The American Hotel and Lodging Association (AH&LA) is lobbying for more government regulation of the peer-to-peer lodging company. The association argues that Airbnb should follow the same safety and health standards, and pay the same taxes as all hotels do. But Airbnb claims they are

How will the Sluggish U.S. Economy Affect the Hotel Industry?

The U.S. hotel industry has continued to sail forward, despite slowing employment growth and tepid gross domestic product. RevPar, a key industry metric calculated by multiplying a hotel’s average daily room rate (ADR) by its occupancy rate, also rose for major U.S. hotels. As long as the U.S. economy does not plummet in 2016, many

Hotels Easy Target for Hackers

Hotels have become a cyber attacker’s paradise. The latest security breach of a large hotel franchise occurred at a few Hilton Hotels (HLT) reports Washington Post. Hotels are low hanging fruit for cybercriminals as many in the hospitality industry are at the forefront of business technology, but often lag behind in the technology to keep

Hotel Merchants Running Out of Time to Upgrade POS Systems

In only a few weeks, the payment processing system in the United States will undergo a major shift as retailers across the country upgrade their processing systems to accept EMV enabled cards. EMV or Europay, MasterCard, and Visa, has been the standard across many countries for the last decade. EMV cards are fraud deterring chips