Kalibri Labs, the hospitality industry s leading authority on market intelligence and hotel benchmarking in the digital marketplace, has advanced its commitment to sustaining the health of the hotel ecosystem with the release of "Demystifying the Digital Market & Guide to Commercial Strategy." The book, published in partnership with Hotel Business, explores digital disruption, explains how it affects the economics of hotels and defines a framework for the emerging discipline of Commercial Strategy which is designed around the objective of growing hotel asset values.
Hospitality Financial and Technology Professionals (HFTP®) announced today that it rejected a recent unsolicited offer by the American Hotel and Lodging Association (AHLA) for it to merge with them. The HFTP Global Board of Directors determined that a global association with members from the entire hospitality spectrum would not be serving their membership by merging with a North American association with an advocacy focus whose constituents are primarily hotels. A counteroffer was made by HFTP to AHLA to work via MOUs like HFTP’s work with other hospitality industry associations.
When the Hotel Asset Managers Association last met in the spring, the COVID-19 pandemic had just passed the one-year mark in the U.S., and members were generally optimistic. At the time, the nationwide vaccine rollout was in full swing and vaccination rates were going up while COVID-19 cases were decreasing.