The banter and jokes that revolve around wives telling husbands what to do are well known. But heeding a suggestion from his bride created serious business success for Bob Rauch, the founder and CEO of RAR Hospitality, his Phoenix-based hotel ownership, managing and consulting firm. Rauch was living in Phoenix when he met his wife,
Archive for: March, 2016
San Diego County’s lodging industry should see continued growth in 2016, with a “soft landing” expected for the local and U.S. markets in 2017 as hotel room demand slows, according to a newly issued forecast by San Diego-based consulting firm RAR Hospitality. At a March 25 forum in Carmel Valley, company President Robert Rauch said
The challenges of increased health care costs, minimum wage increase impacts and new supply are not yet critical for the hotel industry but they will become very important when an economic downturn occurs. Further, Airbnb has become a lightning rod for debate and could become one of those aforementioned factors that pushes hotel industry revenue and net income growth into negative territory. So what can the hotel industry do?