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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

Covid-19 Cleanliness and Social Distancing Protocols Could Cost Hotel Industry $9 Billion Annually

As hoteliers begin to welcome travelers back, the extra sanitation steps and cleaning standards necessary to keep guests and employees safe will be more costly than owners and operators anticipate. Maintaining impeccable cleanliness, executing quality food and beverage and delivering hospitable guest experiences have always been bedrock operating principles that hotel managers must now reinvent..

hotelAVE on The Unconstrained Conversations Podcast

hotelAVE’s Founder and CEO, Michelle Russo, spoke with IDeaS’ “chief evangelist” Klaus Kohlmayr on The Unconstrained Conversations podcast. “This episode dives into the strains COVID-19 has put on hotel finances and the difficulty of balancing profit and safety as the hospitality industry slowly reopens. Michelle also shares her thoughts on the future of travel and..

Special Edition COVID-19 Dashboard

hotelAVE announces the release of our Special Edition COVID-19 Dashboard. Stay up to date on current hospitality data and the impact the virus is having on our industry, all in one place, view for yourself today. Access the hotelAVE Hospitality Dashboard

HotelAVE Projects A Five-Year Recovery Period For Hotel Industry Post Coronavirus

By Hotel Business on March 18, 2020 PROVIDENCE, RI— Hotel Asset Value Enhancement (hotelAVE) released a study that estimated that it will take the hotel industry in the United States approximately five years to achieve pre-COVID-19 occupancies, revenues and profitability. In addition, the “hotelAVE COVID-19 Hotel Outlook” predicts that the pace of the five-year recovery..