Article - Six Pitfalls for Full-Service Hotel Development Part 1- By Dan Voellm - The following article discusses the major challenges that negatively impact the financial returns for new-built, full-service hotel in many markets in Asia Pacific and presumably, the world. In this first part of the article,we discuss the cost of land and impact of seasonality.
Article - Revenue Management: How to Price Buy-Outs of Smaller Hotels in Leisure Markets - By Larry Spelts - Small properties (one hundred rooms or less), especially upper-upscale and luxury boutique hotels in destination markets that are principally leisure with higher ADRs, are often attractive buy-out destinations for certain kinds of groups. This can range from weddings and reunions to corporate and association retreats or incentive travel.
Article - Capex and PIPs - What We Learned From Industry Experts at the Hunter Hotel Investment Conference 2024 - By Charis Atwood - Embarking on a hotel renovation? Armed with a Property Improvement Plan (PIP) but unsure where to start? We ve got you covered with insights learned at the recent Hunter Hotel Investment Conference in Atlanta where industry experts spoke from a diverse range of experience on one of our favorite topics - PIPs and Capex investments.
In recent weeks, I had the unique opportunity to delve into current dynamics in the world of hotel operations and investments through participation in panels at the Cayuga Hospitality Consultants annual meeting and the BizNow Hospitality Summit in Chicago. The two panels offered a timely glimpse into the intersecting paths of hotel investors and operators, highlighting key trends, concerns, and areas of mutual interest.
Cayuga Hospitality Consultants Annual Conference hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.