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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
Archive
Category: Industry Insights
Asset Management, New York, Michelle Russo

Navigating the Tariff War: Insights from a $12B Hotel Asset Manager

Michelle Russo, our CEO, outlines the significant impact of the ongoing tariff war on the hotel industry. Managing a $12.5 billion portfolio, Michelle discusses how economic uncertainty, supply chain disruptions, and shifting travel patterns are shaping the way hotels approach revenue management, marketing, and cost containment. Key takeaways from the article: – How tariffs and..
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4Q24 Hospitality Earnings Summary

Our 4Q24 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry. A glimpse: 4Q24 public company U.S. RevPAR growth averaged 2.5% (mostly rate driven) vs 1.8% nationally 2025 RevPAR growth guidance for most public companies of 2.0% to 3.0% is at risk in our view, due to economic..
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3Q24 Hospitality Earnings Summary

Our 3Q24 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry. A glimpse: The average and median 3Q24 U.S. RevPAR changed for the public companies were 0.8% and 1.1% 2/3 of the public companies reported Y/Y increases Full year RevPAR growth guidance tightened to 0.6-1.2%; down from 1.0-2.0%..
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2Q24 Hospitality Earnings Summary

Our 2Q24 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry. A glimpse: The average and median 2Q24 U.S. RevPAR change for the public hotel companies was 1.6% and 1.9%. Group oriented companies outperformed and leisure reliant companies reported negative RevPAR change Full year RevPAR growth guidance revised..
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1Q24 Hospitality Earnings Summary

Our 1Q24 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry. A glimpse: 1Q24 U.S. RevPAR change was -5.9% to 6.6%; 2/3 of the public companies reported declines Full year guidance implies 2024 RevPAR change at 2.3% to 4.3% suggesting much stronger rest of year growth US leisure..
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4Q23 Hospitality Earnings Summary

Our 4Q23 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry’s recovery. A glimpse: 4Q23 U.S. RevPAR change was -4.4% to 5.0% driven by mixed growth and decline in ADR. Economy and Midscale reliant brands reported slowest (zero or negative) RevPAR change Full year guidance implies 2024 RevPAR..
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Condo Hotel Developments and Hotels With Residential Rental Programs Are Fraught With Complexity

Drawing from over 25 years of experience in commercial real estate, Loren Balsam, hotelAVE’s Chief Investment Officer, shares his insights on navigating the complex world of hotel development with a residential touch. This article tackles the hurdles of traditional hotel development and the growing preference for condo hotels. Success in this arena requires careful negotiation..
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3Q23 Hospitality Earnings Summary

Our 3Q23 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry’s recovery. A glimpse: Q3 2023 showcases impressive mid-teens RevPAR growth, driven by surging occupancy rates and increased ADR. While leisure demand sees a gradual uptick, business demand has rebounded to 84-90% of pre-pandemic levels, with expectations of..
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The Impact of QR Code Integration in Hotels

QR codes are revolutionizing the hospitality industry, from the booking confirmation to post-checkout messaging. Here are just a few ways QR codes are being used to enhance the guest experience: Arrival: QR codes can be used to provide guests with information about their room, property maps, Wi-Fi passcodes, and more. Guests can also use QR codes..
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Asset Manager hotelAVE Bullish on Corporate, Group Travel Expectations

In a recent call hosted by Truist, hotelAVE an shared optimistic outlook for 2024 for corporate and group travel. Despite ongoing workplace dynamics, corporate and group travel are expected to experience significant RevPAR growth, with a projected increase of 5.8% year-over-year and a 12% improvement relative to the 2019 baseline. Other key takeaways: Challenges persist..
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