IHIF: Ernst & Young: Capital remains major focus for hospitality
Ernst & Young has released Global Hospitality Insights: Top thoughts for 2013, its annual outlook for the global hospitality industry. This year’s publication highlights several key trends more likely to impact hotel development, financing and operations over the following three hundred and sixty five days. Among one of the most crucial for the industry, in step with Ernst & Young: Finance: For the hospitality industry, 2013 can be shaped by an emphasis on controlling costs in any respect levels of the business in addition to maximizing capital. This may mean continued deferral of overdue maintenance spending and the scaling back of capital improvement projects, as owners decide where best to speculate limited resources. Hotel companies also are watching how one can restructure and reposition for tax purposes, with some again...
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