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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
Archive
Author: Jennifer Cotter

Distressed Hotel Assets in the Americas post-COVID-19

One thing we can say with certainty is that it won’t be easy, nor even, and it will take some time. As with any prior major disturbances to the hospitality industry, there will be some winners and losers. With assets under management from Argentina to Canada, we at HotelAVE have been designing solutions for our..

Hotel Industry Finance Roles Lack Female Representation

Article published by HospitalityNet. The U.S. hotel industry is inching along in opening paths for women to reach senior executive and C-suite roles, but data shows that women still aren’t widely seen in roles within finance and operations. REPORT FROM THE U.S.—Women are roughly one-fifth as likely as men to get C-suite positions and roughly..

Best Hotels in the World Named

Travel and Leisure’s original press release available here. The 14th annual It List, a selection of the best new and renovated hotels in the world, was released today. Each year travel experts check in to hundreds of new hotels around the globe in search of the properties that offer a winning alchemy of setting, design,..

The Next Frontier in Revenue Management

By  Romy Bhojwani Article published by Hotel News Now. Savvy revenue managers should look for opportunities beyond just room revenue, such as in group meeting and banquet spaces. Here are some things to consider when refining the M&E strategy. In their quest for revenue per available room Index, most revenue managers miss other high profit..

Owners Adopt New Practices With Fees and Surcharges

Article published by Hotel News Now. Asset managers and owners recognize that amenity and resort fees are a viable source of revenue. Now the trend is expanding into urban luxury and full-service hotels, but experts urge hoteliers to take a careful approach. REPORT FROM THE U.S.—Surcharge fees collected by U.S. hotels are on the rise..

Labor, Airbnb Top of Mind for Asset Managers

Published by Hotel News Now. Hotel asset managers shared what they believe to be the biggest obstacles facing the hotel industry along with some cost-cutting measures they suggest hoteliers pursue. LEESBURG, Virginia—A tightening labor market and the ever-encroaching presence of alternative-accommodation platforms, such as Airbnb, are the biggest obstacles the hotel industry faces today, according..