Boutique Hotel News

DECEMBER 20, 2022

With inflation on the rise globally, consumers are likely to be more mindful when it comes to spending their money. This means that during periods of high consumer price growth, hotels have been able to raise room rates and pass on these rising costs to guests. Hotel e-tail. per cent on average above inflation per year.

Travel 125

Travel Hotels Branding Consumer 125

Hotel Business

JANUARY 24, 2023

This highlights the increasing interest in travel and hotels by consumers, ensuring the long-term viability and, ultimately, profitability for the entire hotel industry ecosystem.” The good news is that supply growth is expected to remain below the long-term average of 1.8%, and that’s going to help occupancy rebound,” she said.

Average Length of Stay 69

Average Length of Stay Occupancy Real Estate Travel 69

Hotel Business

SEPTEMBER 19, 2024

The 50bps is a good thing for commercial real estate, but we are still a couple of years from recovery.” population and commercial real estate, but not older Americans.” “The Longer term, hotel demand should improve as businesses and consumers benefit from lower costs and an increase in funds available for travel.” “It

Real Estate 111

Real Estate Marketing Market Business 111

Boutique Hotel News

NOVEMBER 14, 2022

On the consumer front, Stewart also highlighted that the top 50 per cent of households account for almost 70 per cent of all spending, inferring that high income individuals are in a strong position to sustain the market. . Ian Stewart, UK chief economist at Deloitte, then spoke rather positively about the economic outlook.

Events 64

Events Real Estate Dining Revenue 64

Hotel Business

MARCH 1, 2024

Stabilization has weighed heaviest in resort markets, predominantly in the Americas and EMEA, with Asia-Pacific continuing to accelerate as intraregional travel grows following border re-openings, according to JLL’s Global Real Estate Perspective February 2024.

Real Estate 64

Real Estate Hotels Travel Branding 64

Hotel Business

JUNE 22, 2023

“Working alongside NYU SPS has helped us better understand where the hospitality industry is experiencing friction,” said Umar Riaz, EY Americas real estate, hospitality & construction consulting leader/EY Americas hospitality sector leader. The top three factors driving RevPAR performance in 2023 are: 1.

Net Operating Income 59

Net Operating Income Real Estate Consumer Hospitality 59

Boutique Hotel News

OCTOBER 27, 2022

Airport hotels are also being offered government contracts to house refugees, which could result in high occupancy levels. . The consumer is paying more attention to the smaller details, and greater effort is required to monitor reviews in terms of managing responses and quality. To check out the schedule, please click here.

Hospitality 52

Hospitality Real Estate Events Hotels 52

Hotel Management

MAY 10, 2023

A key takeaway was that hospitality is on the radar for investors, given some nervousness for traditional CBD office real estate. Whether owning, leasing or partnering, the key is always the return to owners and moving with shifts in the consumer profiles is key to both building and maintaining loyalty. Travel and Leisure Co.’s

Marketing 130

Marketing Market Branding Events 130

Hotelier Magazine

JANUARY 23, 2024

Franchised hotels allow owners to have control of not only the hotel as a real-estate asset, but also its operation, Aaron Laurie, vice-president, Lodging Development, at Marriott International, notes. Mixed use is very popular, Nguyen confirms, with 98 per cent of that category happening in major urban core centres.

Real Estate 59

Real Estate Branding Hotels Marketing 59

Hotelier Magazine

OCTOBER 10, 2024

Occupancy is up. I would say that over the 12-month period, our occupancy has been up 1.3 The only areas that we’re seeing some difficulty is in our resort properties where climate change is impacting the occupancy and the business levels there. How has this impacted ADR and occupancy? Bob Singh: A great year.

Real Estate 59

Real Estate Marketing Market Hotels 59

SiteMinder

MARCH 13, 2025

This is a time consuming process and can often take weeks or months to complete. JLL Hotels & Hospitality : Similar to CBRE, JLL offers a wide range of real estate services, including hotel consulting. Typically youll need to engage professional companies or consultants to prepare the study and report on your behalf.

Average Daily Rate 52

Average Daily Rate Market Research Target Marketing Hotels 52

Inn Quest

MARCH 23, 2023

The result was increased occupancy, which continued throughout the year and along with an increase in average daily rates. Moreover, the expansion into real estate development is becoming more popular. According to Tourism Australia, there were 2.2

Forecasting 52

Forecasting Tourism Average Daily Rate Hotels 52

Travel Media Group

APRIL 24, 2024

Where we got to the closest thing to zero occupancy is we could get, but there was still a demand for that type of, uh, stay for that type of experience. And we know our honors guests are fiercely loyal, Home2 runs over a 70% honors, um, occupancy. And so that is like the most important piece of value real estate.

Hospitality 97

Hospitality Branding Digital Marketing Travel 97

SiteMinder

NOVEMBER 24, 2023

Trustpilot is a widely-used online review website that empowers consumers to give their honest opinions about companies. SiteMinder reviews via customer stories: “SiteMinder is so reliable and fast, I am able to make last minute changes, ultimately increasing my occupancy and avoiding overselling. Brilliant job!”

Revenue 52

Revenue Revenue Management Management General Manager 52

Boutique Hotel News

JANUARY 27, 2023

After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. Governments have set targets, and consumer behaviour is changing, albeit slowly and hampered by the cost of living crisis.

Real Estate 52

Real Estate Hospitality Accommodation Consumer 52