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ANNUAL CHANGES IN U.S. hotel utility costs and in the Consumer Price Index, or inflation, have historically proven to be strongly correlated. As of August 2022, CBRE is forecasting CPI growth to be 7.7 percent in 2022, followed by another 3.6 percent in 2023. Since inflation has averaged just 2.2 percent since 2000, these inflation projections have hoteliers concerned about operating costs. Given that rising energy costs are a significant driver of the current rise in CPI, hotel managers are especially worried about utility department expenses. Over the past 50 years, utility department expenses have averaged between 3 and 4 percent of total revenue, indicating that hotel managers have been successfully controlling energy costs in the face of fluctuating business volumes. This is particularly commendable given the highly fixed nature of utility expenses. To provide some context to the current challenging environment, we studied recent trends in hotel utility department expenses. The data come from a sample of more than 2,800 U.S. hotels that reported utility department expenses each year from 2015 through 2021 for CBRE's annual "Trends in the Hotel Industry" survey. In 2021 the properties in the sample averaged 209 rooms in size, with an annual occupancy rate of 54.2 percent and an average daily rate of $152.70.

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In this era of technological advancements, many applications have been utilized to ensure road safety as well as to improve the lives of truck drivers who secure the transportation of commercial goods. Keep trucking app is one such application that is used by truck drivers in order to produce error free Record of Duty Status to fleet managers. Android and iphone friendly apps can be installed to a mobile device or tablet and be used. Keep trucking app is a convenient as well as an efficient way for truck drivers to generate flawless electronic logging details.

The electronic logbook mandate was declared by the FMCSA in order to track and record the hours of services status of truckers in a faster, smoother and more accurate manner. In the traditional paper logbook method, accurate documentationof the truckers' informationcould not be expected as they were capable of misremembering details for the paper logs. But with the implementation of the electronic logbooks for truckers, such complications can be completely removed and a sound and unblemished trucking compliance can efficiently be brought forward. Discussed below are the many advantages of utilizing the ELDs.

Need to expedite your passport renewal process for a smooth flight abroad? Just before you go for it, there are few things you should know about the process. Passport renewals are one of the most commonly utilized US passport services. It is a fairly simple procedure that does not require visiting a passport acceptance agent. However, there are some nuances to the procedure that you may not know. Read the blog here to find some pro tips and insider information about renewing a US passport!

Need to expedite your passport renewal process for a smooth flight abroad? Just before you go for it, there are few things you should know about the process. Passport renewals are one of the most commonly utilized US passport services. It is a fairly simple procedure that does not require visiting a passport acceptance agent. However, there are some nuances to the procedure that you may not know. Read the blog here to find some pro tips and insider information about renewing a US passport!

No earnings evidence self employed loans are fairly trouble-free to obtain financial source in secured and unsecured form at emergency time. The borrowed amount consequential can be utilized to sort out the several requirement and demands. For trouble-free and harass free endorsement, you can like better to apply through online medium for excellent financial lending.

On this time of internet, one of the most possible questions from the internet users who often search for a proper income source is what home-based scopes are available in the on line tourism sector? The profession of home based travel agent is very much lucrative at present days.

India is a vast country and is divided into various cities, districts and villages. Have you ever wondered how it would be to know about all the details about public utilities in each and every city? Does this sound impossible? Well, you are mistaken.

Delhi is one of the most sought-after destinations of India. People come into this city for various purposes. It is quite a big city with the plethora of tourist opportunities. So if you have just arrived in the capital city and have a complete day with you, then utilize the time meaningfully. There are plenty of tourist locations around the IGI international airport.

The benefit of utilizing the luxurious and classy Volvo bus service, especially when you are traveling long distances, are many and include not only experienced and knowledgeable drivers, well aware of their responsibilities, but also plush seats and complimentary bottles of mineral water to quench your thirst.

The simplest approach to compare flights to Johannesburg from London is to utilize flight discoverer sites. These sites like "compareandfly" would give a few drop downs to pick the beginning of travel and the goal of travel. When you pick the beginning and end of the line it would bring all the flights which work through at courses.

Utilizing wireless WiFi adapter for Xbox 360 could be one of the most convenient solution for the Xbox 360 can connect to the Internet. Xbox 360 connects devices to the Internet can be in two ways: using a wired and wireless connection. Both ways can be done very easily. Game consoles are now equipped with fittings and features internet connection to allow users to access a variety of the latest games, video, or other. Some games for the Xbox 360 is also available in an online form that can be played in multiplayer. This is what can make the game more exciting and enjoyable. To be able to support the excitement in playing a variety of online games, players should prepare a quality internet connection to be able to play the game. One of them is to use WiFi wireless adapter.

The Electronic Logbook mandate was declared by the FMCSA with the objective to introduce a faster, smoother, and more accurate method of tracking and recording the hours of duty status of the commercial truck drivers operating on the long haul. This rule was to be complied with by all fleet managers and truckers by the date December 18th, 2017. Trucks without an ELD that are commercial fleets are going to be declared out of service. Application of the ELD Logs for truckers not only benefits the fleet owners, but also the truck drivers as well in multiple ways. If you too are a trucker and still are unaware of how the ELDs can benefit you, here you go!

Do you want to hire a shuttle service in Cape Town? Are you looking for a comprehensive private shuttle service in Cape Town? If so, this article is worth a read. It's a type of service in which a bus or a type of commercial vehicle to carry passengers is utilized in transporting people to, from or even anywhere in the city of Cape Town

Garmin has eased lives without relying on big maps. You can use GPS devices in any part of the world to travel freely. These navigation tools only rely on software and map information to provide correct guidance and positioning details to the users. To make sure that the tool has most updated software upgrades and maps, you need to use Garmin WebUpdater utility. This application automatically will look for the upgrades and additional maps for the tool, will also download the required files and installs them directly on the device for free.

Proficient Delhi to Jaipur Cab Service can act the hero either when you don't claim a cab or when it isn't helpful to take your own cab. Here are some significant advantages of utilizing a taxi service for your movement need.

EVENT VOLUME CLIMBED 21.7 percent year over year in September compared to the previous year, according to hospitality analytics firm Knowland. Nashville saw the highest percent growth at 30.7 percent. Los Angeles came in second at 22.3 percent over 2022. Among the top five performing markets, national associations spearheaded growth, with healthcare, education, and weddings as primary industry drivers. Nashville's growth was stimulated by the healthcare and technology sectors, accounting for 34 percent of the corporate events in the market, Knowland said in a statement. Nashville meetings averaged 101 attendees, utilizing over 2,692 square feet of meeting space. Despite ongoing talks between Los Angeles hoteliers and striking workers, the market continued to grow compared to 2022, the statement added.

GOPPAR OF U.S. hotels hit $65.98 in February, its highest point since October last year and more than $40 more than in January, but down from $90 in February 2019, according to HotStats. However, a rise in expenses could derail a profit rebound, the data analyzing firm said. The payroll expense of U.S. hotels was up to $66.60 per available room in February, highest since the inception of the pandemic, according to HotStats. Though payroll is up 192 percent from its lowest point during the pandemic, it is still down $30 when compared to pre-pandemic numbers. Factors such as inflation, supply chain problems and war in Ukraine are driving costs up. Expense on utilities on a PAR basis are already back to pre-pandemic levels, HotStats said.

A NEW ENVIRONMENTAL, social and governance report released by Choice Hotels International highlights steps that would allow the company to reduce utility costs, save time for franchisees, and increase Choice's ESG commitments. Those steps include new energy- and water-saving technology, diversity goals for hotel ownership and more. The report entitled "Building a Better Tomorrow, Today" lays out the company's plan to being a good corporate citizen, according to a release. "Choice Hotels shares a uniting belief that tomorrow will be even better than today, and we are committed to building that better tomorrow," said Patrick Pacious, Choice's CEO, in the report. "As one of the largest lodging franchisors in the world, we are building on more than 80 years of success in developing a portfolio of diversified brands and creating a lasting, sustainable legacy for the future - one hotel, one family, one community at a time." Key findings The report further details measures being undertaken by Choice to integrate ESG standards and principles into its long-term decision-making and operations, including: Reporting Scope 1 and Scope 2 greenhouse gas emissions for the first time and aligning ESG disclosures with the Sustainability Accounting Standards Board standards and the United Nations Sustainable Development Goals. Appointing an executive with knowledge of the business as vice president, sustainability and creating two new ESG governance forums to strengthen Choice's ESG strategy and execution. Joining the Sustainable Hospitality Alliance, a global network that champions responsible hospitality, and becoming one of its largest members. Relaunching HERtels by Choice, driving a 53 percent year-over-year increase in the company's hotel franchise deals with woman owners. Committing $25 million in incentives for contracts with underrepresented minority and woman owners by 2025. Setting a goal to increase the representation of women in senior leadership roles to 50