Hotel safety expert panelists and others at the recent Global Congress on Legal, Safety, & Security Solutions expressed a myriad of concerns in the wake of the 9/11 anniversary. Terrorism planning and preparedness should be at the height of planning given the recent spate of attacks in the Middle East and those affecting Al Quida…
With the rebound in ADR and occupancy underway in many USA lodging markets, a hotel asset manager is quickly turning their eyes to renovations that have been put on hold. Two new innovations on in-room design and equipment caught our attention in these articles at Hospitality World Network and Hotel Interactive. Here are excerpts and…
Hotel asset management forecasts are getting surveys support for their increased projections that suggest both the national holiday season this year and next year travel expenditures internationally should rise again over the current year. In the USA, surveys by both AAA and Pegasus Solutions predict increases in Americans holiday travel during December. Internationally, markets in…
Stories last week that we follow as part of our hospitality consulting practice covered a variety of topics including new hotel ramp-up timelines, using Facebook to increase hotel revenues, and the downturn in the timeshare resort industry. Here is some of that commentary and our take on it: I. STR did an analysis from their…
Stories that we follow as part of our hospitality consulting practice discussed increased renovations coming and current low hotel cap rates. It was bound to end sooner than later with franchisors becoming less forgiving on upgrades and brand standards now that the economy is recovering. On a positive note, if an owner is forced to…