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Federal Court Overturns Department of Labor's Overtime Exemption Rule
2024-11-19 17:21:53| Hotel Resource
Finally, some good news from the courts! Late Friday, a federal court in Texas ruled that the Department of Labors (DOL) Overtime Exemption Rule must be removed.
Category:
Hospitality
LATEST NEWS
GBTA Survey Reveals Optimism and Growth Prospects in Business Travel for 2025
2024-11-19 17:17:50| Hotel Resource
The Global Business Travel Association (GBTA) has released a new research poll indicating a positive performance for the business travel industry in 2024. The poll, which surveyed global business travel buyers and suppliers, found that 86% of respondents thought business travel in 2024 met or exceeded their expectations.
Category:
Hospitality
U.S. Hotel Industry Growth Forecast for 2024 and 2025 Revised Downwards by Str and Tourism Economics
2024-11-19 17:10:18| Hotel Resource
The final forecast revision for U.S. hotel growth in 2024 shows downgraded projections for average daily rate (ADR), revenue per available room (RevPAR), and occupancy.
Category:
Hospitality