As we approach the end of this year, our hotel advisor talk focuses first on whether Facebook has truly delivered on what many hoteliers expected given all of the hype predicted earlier. The second is how the role of the Revenue Manager, who is not associated with a brand or franchise, is evolving and adapting…
More reports by hotel consultants, management executives and real estate brokers suggest that the lodging and hospitality industry is continuing to improve and more rapidly in some U.S. cities. For example, San Francisco is at the top of the list in rebounding since the recession began in 2007 according to one news story. In a…
It is not surprising from a hotel expert perspective when you consider the rise in females travelling that women only floors are becoming popular both nationally and internationally. Although many hotels make it a point to cater to women’s requests, such as being located near elevators and providing certain in-room amenities, it does not go…
There are several good reasons “now” is the time to focus a business plan for hotel acquisitions towards Chinese investors. One important reason is that the amount of capital available from mainland China is on the rise. There is an article worth reading and published this week that highlights several key issues on the why…
We routinely read and share articles from our hotel motel consultant peers that clients and colleagues find of interest. This week the talk is about the continuing rise in U.S. hotel operating performance in the first two quarters of 2011 and turning distress into success. Here are excerpts from that commentary and some of our…
Global business and leisure domestic travel dominate our hotel consulting services picks for the news to follow this week. On the growth side is China and India leading the business recovery while on the downside is the domestic Labor Day weekend here in the USA. Here are the main highlights of what to expect: Double…
While the lodging industry appears to be in a full recovery, experts on hotel management and room revenue yields have focused back on higher rates as part of their hotel revenue management strategies. Given that new hotel development has either stopped or slowed down significantly and business travel is on the increase in many U.S.…
Industry leaders, hotel consultants and others involved in the hospitality and travel industry are giving applause and kudos to the announcement by President Obama on the new “National Travel and Tourism Strategy” for the USA, which is designed to attract more international visitors here. It seems Washington is now starting to get it when it…
If you are a hotel development consultant looking for money to finance needed renovations or expansion of an existing lodging property, keep searching. The amount of lenders going into the New Year that will consider any type of financing, such as bridge loans for the short term, is on par with this year as it…
Social media and revenue management practices go hand in hand from a hotel expert perspective to maximize demand (i.e. room nights) and grow RevPAR (revenue-per-available-room). Here are two excerpts from the folks at STR which we think are worth reading along with the full articles: Social Media Presence Requires Work According to Dawn Ray, director…