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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
Archive
Category: COVID-19

Five Tips To Profit As Pent-Up Demand Finally Emerges

When Omicron hit in full force, the rate of RevPAR recovery (as a percentage of 2019) in January and February stepped down from December’s level as consumers cancelled upcoming trips in the short-term and delayed future travel planning. As a result, nationwide occupancies dipped to 84% of 2019 levels during the first three weeks of January 2022, compared to above fair share in certain weeks in December, based on STR data.
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Repositioning for Recovery
Lodging Magazine

Deciding Factors When Determining a Hotel Brand or Flag Change COVID-19 has created a myriad of troubles for hotel owners—and sometimes trouble means opportunity. As the industry slowly rebounds, savvy owners may see this as a good time to evaluate their hotel brand flag. With over 350 hotel brands, there is little reason to stick..
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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..
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Why Are Travelers Not Following The CDC’s Advice?

Many travelers are not following the CDC’s advice. Instead of staying home during the second wave of the COVID-19 pandemic, as the government recommends, they’re going on vacation, according to the latest numbers. This is what the CDC says: “Travel may increase your chance of getting and spreading COVID-19. Postponing travel and staying home is..
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What’s missing from pandemic-era travel? Plenty.

Since the pandemic was declared in March, safety precautions and protocols have become the stuff of everyday life — at home and on the road. For some, vacationing within the strictures of a public health crisis will be worth it; for others it won’t. We all want to get away, but it’s important to have..
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Is Tourism open or closed? Your fault or their failure?

A big case of he said, she said: Tourism Industry Wobbles Is Recovery Doable? The elected and appointed men and women working in Washington, DC, spend most of their time pointing fingers at each other, creating mayhem, dissention, confusion and ultimately disasters, wrecking (perhaps destroying) the world economy. One of the biggest losers in this..
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