Stories this past week that we follow as part of our hospitality consulting had a theme of money, money, money. Or, better said as the economy heats up so is the possibility of hotel lending, franchisor pips and now is the time to buy beginning to mount. This was largely the talk recently at the…
Several stories this past week that we followed as part of ourHotel Real Estate Investment hospitality consulting focused on hotel budget brands in China, government loans for smaller hotels and the average hotel real estate room sale price in 2010. Here is some of that commentary and our take on it: China is still the…
Three key stories reported in HotelNewsNow.com that we follow as part of our hospitality consulting focused on China’s economy, independent hotels in the Internet age and Google’s new distribution strategy that may affect how hotel rooms are booked online. Here are the full article links followed by our take on the impact: China Overtakes Japan…
More signs in publications we follow as hospitality consulting advisors point to growth in the lodging sector continues. This is marked by increased bedding purchases, rising valuations and a growing leisure travel market: – Hotel BeddingFor example and as reported in Hospitality News Network, “Owners are finally feeling more secure about the financial future and…
Several articles appeared recently in publications that we follow as part of our hospitality consulting services advising clients continue to suggest 2011 is shaping up to be a much better year for the hotel industry in terms of investor interest, rising asset values, increased ADR and room demand. Important highlights from the commentary include: –…
There are several “mixed” signs in publications that we follow as part of our hospitality consulting services advising clients that suggests the hotel industry is no longer in a recession and financing is beginning to thaw. However, there is also news that contradicts parts of this as well. Here are some of the highlights:Hotel Building…
Several articles appeared recently in publications that we follow as part of our hospitality consulting services advising clients that suggest now is the time to raise hotel room rates incrementally to recoup what was lost by many hotels since 2007. Of interest were several panelist comments interviewed by Hotel Interactive saying that adding a few…
Based on several hotel advisors this week, industry fundamentals such as higher room rate pricing to rebound and less new hotel construction in the pipeline continue to fuel a rebound in the lodging sector, according to this hotel real estate consultant. Couple this with increased hotel acquisitions by private equity and institutional investors in a…
Several articles appeared this week in publications that we follow as part of our hospitality consulting to advise clients as their management experts suggesting more good and bad news still exists. Of interest this week are that room values and extended-stay lodging have both increased substantially in recent months. However and during the same period,…
Several important articles appeared recently in publications that we follow as part of our hospitality consulting updates to advise clients as their management experts. Of particular interest are the announcements by Expedia, Wyndham Hotels and Resorts and Travel Week on the domestic and international travel front. The other two are from Jones Lang LaSalle and…