Hotel Business

MAY 11, 2023

At the close of Q1 2023, the pipeline stands at 546 projects/90,139 rooms, down slightly 3% by projects and 2% by rooms year-over-year (YOY). Early planning is up 11% by projects and 15% by rooms YOY to stand at 160 projects/24,218 rooms at the close of the first quarter.

Construction 52

Construction Pipeline Closing Forecasting 52

A Sales Guy

OCTOBER 13, 2016

This series is gonna break down how to scale a sales team in today’s modern sales world. When it comes to scaling a sales organization, the first question that must be answered is, why? Why do you want to scale the sales team? You want to scale to grow faster, make more money, get more clients, etc.

Scale 126

Scale Sales Hiring Revenue 126

Hotel News Resource

NOVEMBER 21, 2023

According to the Q3 2023 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the third quarter, the hotel construction pipeline in the region stands at 585 projects/139,582 rooms. Project counts in the region are up 9%, while room counts show a 3% increase year-over-year (YOY).

Construction 40

Construction Pipeline Scale Closing 40

Hotel Management

APRIL 25, 2024

In recent years, Taylor has worked closely with brands like Standard, Hoxton, Dream, Ryse and East Hotels to establish a presence down under. In 2018, he was responsible for bringing the W brand back to Australia, first via the Brisbane hotel and then with W Melbourne, where he worked directly with the owner Daisho for close to three years.

Closing 130

Closing Branding Scale Events 130

Hotel Business

MARCH 28, 2024

Less than a mile from Roanoke Blacksburg Regional Airport, these Marriott-branded hotels are close to the Roanoke Valley, the largest metropolitan area in the western region of Virginia. The buyer is a significant regional owner who plans to improve their economies of scale within the growing Roanoke MSA.

Hospitality 104

Hospitality Scale Hotels Closing 104

A Sales Guy

NOVEMBER 5, 2014

I’ve spent a lot of time with a lot of sales people and one of the biggest problems I see is rarely, too rarely, do sales people know when a deal is ready to close. Unfortunately, sales people rely on false, weak, unaligned triggers to assess how close a deal is to close. My buyer says they’re gonna buy.

Closing 133

Closing Sales Business Scale 133

Hotel Management

MARCH 21, 2024

Offering harbour views and luxurious height and scale, the executive suites are intended to take guests on a journey of discovery with playful elements layered throughout. The bespoke penthouse suites, inspired by the concept of rest and restoration, have been designed to offer “high-impact experiential moments” for guests.

Intent 147

Intent Scale Accommodation Closing 147

Hotel Business

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. Projects in the early planning stage stand at 163 projects/24,403 rooms at the close of the quarter, up 14% and 16% YOY respectively.

Pipeline 64

Pipeline Construction Forecasting Scale 64

Hotel Business

OCTOBER 26, 2023

by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. At the close of the third quarter, there are 1,063 projects/140,331 rooms under construction, up 8% by projects and 4% by rooms YOY. Analysts at LE report that the upper-midscale chain scale has the largest project count of all chain scales in the total U.S.

Construction 59

Construction Pipeline Scale Closing 59

Hotel Management

JANUARY 8, 2024

There is tremendous potential for us to further scale Lyf across more hospitality asset classes, whether as a full-service hotel or resort, especially with the growth pace we have seen over the year. Leading the next phase of development and growth of Lyf is Adeline Phua, who has been appointed Managing Lyf Partner.

Average Daily Rate 264

Average Daily Rate Scale Accommodation Branding 264

Hotel Business

NOVEMBER 15, 2023

The record-high projects in the total pipeline can be attributed to the number of upscale and upper-midscale chain scale projects, which both hit project and room-count peaks this quarter. The upscale chain scale ended Q3 with a total of 850 projects/198,277 rooms, and the upper-midscale chain scale has 1,222 projects/194,515 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Anthony Cole Training

AUGUST 2, 2010

Four ‘Have To’ Strategies for Closing Sales. close more sales (21). 8 Steps for More Effective Closing - Sales Solution #10. Close more business. When we are working with sales professionals during our sales training workshops, closing is one of the last things we get to. Tonys Top Ten. Sales Core Competencies I.

Closing 174

Closing Sales Hiring Sales Process 174

Hospitality Today

JANUARY 23, 2024

The upper midscale segment had the highest project count of all chain scales in the total U.S. construction pipeline at the Q4 close

Construction 40

Construction Pipeline Scale Closing 40

Hotel Business

APRIL 27, 2023

continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. These two chain scales continue to dominate the pipeline and that is not expected to change anytime soon.

Pipeline 98

Pipeline Construction Scale Closing 98

Hotel Business

NOVEMBER 20, 2023

The luxury, upper-upscale, upscale and economy chain scales in Europe all show YOY increases in project counts compared to Q3 2022 totals. Luxury projects increased 2% YOY, just ten projects short of the segment’s all-time high, closing the quarter with 139 projects/18,515 rooms.

Pipeline 59

Pipeline Construction Scale Closing 59

Hotel Business

FEBRUARY 12, 2024

According to the recent Asia-Pacific, excluding China (APEC), Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the region increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.

Construction 59

Construction Pipeline Closing Forecasting 59

Hotel Business

JANUARY 22, 2024

At the close of 2023’s fourth quarter, there are 1,118 projects/141,768 rooms under construction, up 11% by projects and 5% by rooms YOY. continued its upward growth trend through the end of 2023, closing the year with record project and room counts of 2,028 projects/303,330 rooms. hotel development in the year ahead.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Management

OCTOBER 17, 2023

Construction is underway on the second and final stage of Capella Sydney which will see further development of state-significant heritage-listed buildings to establish larger-scale event and meeting spaces, curated retailers, and signature food and beverage venues.

Construction 147

Construction Retail Scale Tourism 147

Hotel Business

JANUARY 31, 2023

markets in close proximity to natural experiences, including national parks, beaches, mountain and ski towns. As we have demonstrated through Graduate Hotels and Marine & Lawn Resorts, we believe our design-forward and vertically integrated approach will position the platform to scale rapidly and capitalize on consumer demand.”

Real Estate 105

Real Estate Consumer Scale Branding 105

Hotel Business

AUGUST 21, 2023

At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022. Projects in the under-construction stage in China rose slightly year-over-year (YOY), closing the quarter at 2,655 projects/478,703 rooms.

Construction 52

Construction Pipeline Forecasting Scale 52

Hotel Business

NOVEMBER 21, 2023

The Middle East, with an average of 239 rooms per construction project, continues to have the largest hotel construction projects in the pipeline of any region in the world, with most of these projects belonging to the top three chain scales. Upscale hotel construction projects closed the quarter at 163 projects/41,339 rooms.

Pipeline 59

Pipeline Construction Forecasting Scale 59

Hotel Management

APRIL 11, 2024

A large-scale artwork by artist Jai Vasicek creates a beautiful focal point. It was a new way of working for us all, but our close team spent many hours on video calls collaborating and communicating our vision to our wonderful clients. Dinah’s restaurant was conceived as an elegant space with a light colour palette.

Scale 130

Scale Accommodation Closing Hotels 130

Hotel Business

MARCH 22, 2024

Operated by the Gwinnett Convention and Visitors Bureau, the Gas South District offers an array of events and is close to attractions such as the World of Coca-Cola, Georgia Aquarium, Stone Mountain Park, The Carter Center, Truist Park and Mercedes-Benz Stadium. It’s truly in a class of its own within this region.”

Scale 59

Scale Events Dining Intent 59

Hotel Business

SEPTEMBER 27, 2023

Large-scale outdoor murals featuring music and dance were hand-painted by artists Ian Schuler and Leah Tumerman. The hotel is located close to the Pasadena Civic Auditorium, Pasadena Convention Center and Old Town Pasadena, and is about 16 miles from the Hollywood Burbank Airport.

Hotels 104

Hotels Scale Accommodation Closing 104

Hotel Business

APRIL 10, 2023

The SpringHill Suites by Marriott Jacksonville Beach Oceanfront marks our fifth hotel in the Jacksonville area, immediately creating economies of scale and the ability to share best practices with our sister properties,” said Jeff Truhlar, regional VP, operations, Shaner Hotels. Shaner will operate the hotel, owned by Key International.

Real Estate 111

Real Estate Scale Dining Operations 111

Hotel Management

JANUARY 9, 2024

While in Philippines, we closed the year with a further two new signings that will launch the Radisson Collection brand in Boracay, and the Radisson Individuals affiliation brand in Bohol. What makes Radisson Red and Radisson Collection suited to this market? What segments are primed for growth in this region?

Pipeline 264

Pipeline Construction Branding Retail 264

Hotelier Magazine

APRIL 20, 2023

Drawing on its internal database, STR and other resources, Horwath HTL Canada has presented the following overview compiling a sample of just over 7,100 Canadian hotels and close to 450,000 guestrooms. To present the data in a clear and structured manner, the company has classified it according to the chain scales as defined by STR.

Scale 59

Scale Consumer Hotels Closing 59

Hotel Business

APRIL 26, 2024

Together, we share core values in investing for the long-term and creating jobs and life-changing opportunities for the community, and we are excited to continue moving forward on executing on those commitments.

Casinos 59

Casinos Scale Construction Resorts 59

Hotel Business

JANUARY 2, 2024

With a strong recovery in overall demand, positive supply dynamics; the recent development and expansion of large-scale entertainment and convention venues; and the upcoming Super Bowl LVIII, we expect performance for Las Vegas and for this hotel to continue to strengthen.” The attractive purchase price is just under a 10.7x

Hospitality 64

Hospitality Real Estate Construction Closing 64

Boutique Hotel News

MARCH 20, 2023

As COO, Bhogaraju will spearhead strategic planning, internal operations, M&A, partnerships, and help to scale the company’s acquired businesses. His extensive experience in strategy, travel technology and operations, make him the ideal candidate to help lead and scale OTA Insight into the future.

OTA 52

OTA Scale General Manager Operations 52

Boutique Hotel News

MARCH 20, 2023

As COO, Bhogaraju will spearhead strategic planning, internal operations, M&A, partnerships, and help to scale the company’s acquired businesses. His extensive experience in strategy, travel technology and operations, make him the ideal candidate to help lead and scale OTA Insight into the future.

OTA 52

OTA Scale General Manager Operations 52

Hotel Business

JANUARY 11, 2023

Eisemann will work with the Noble team to develop and scale investment strategies as the firm continues the growth of its platform that serves institutional investors around the world. Eisemann said, “I have enjoyed working closely with the Noble team for over 20 years.

Scale 59

Scale Pipeline Closing Branding 59

Hotel Business

JANUARY 30, 2024

has closed its last data center, making it the first hotel company to migrate its entire system infrastructure to the cloud. Choice Hotels International Inc.

Services 64

Services Scale Operations Closing 64

Boutique Hotel News

NOVEMBER 3, 2022

US: Technology platform Way , which enables hotels to provide experiences through local partnerships, has closed $20 million in Series A funding at a valuation of $100 million. This week, Way has closed a Series A funding round led by Tiger Global, with participation from MSD Capital and others.

Branding 52

Branding Consumer Retail Closing 52

Hotel Business

JULY 28, 2023

According to the Q2 2023 United States Construction Pipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel construction pipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. construction pipeline. hotel construction pipeline.

Construction 98

Construction Pipeline Forecasting Closing 98

Hotel Business

DECEMBER 14, 2023

As Mews continues to grow, I’m excited to bring maturity and automation to our operations, freeing up resources amongst our teams to operate at such scale. ” She added, “I’ve been working closely with Daniel over the past year, and I’m thrilled to be passing on the torch.

Scale 59

Scale Operations Services Closing 59

Hotel Management

OCTOBER 3, 2023

Since the pandemic, when various hotels were temporarily closed down for extended periods, financiers have begun to place increased scrutiny on hotel management agreements, while revealing an increased appetite to finance new hotel projects with proven operators who are prepared to underpin income with a lease structure.

Scale 130

Scale Construction Average Daily Rate Hotels 130