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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 managers: The downturn is here

Published by: Hotel News Now SCOTTSDALE, Arizona—Hoteliers can stop wondering when the industry will see its impending downturn, according to members of the Hospitality Asset Managers Association who believe it’s already hit. Speaking in a joint interview of HAMA board members during the association’s fall meeting, David Danieli, SVP of asset management for Pebblebrook Hotel..

The most Instagrammable hotels in the U.S.

Article by: National Geographic A NEW WAVE of design-centric boutique hotels is sweeping across the United States. From coast to coast, these properties aim to be homes away from home and they often pay tribute to their particular surroundings. Think residential-feeling interiors and stylized vignettes that feature local artwork, curated bookshelves, and scene-stealing pools. PERRY..

Avoid 20/20 hindsight with budget plans

Published in Hotel News Now. It’s true every budget season, but particularly in today’s economic climate: Budgets and business plans must align with the owner’s investment objectives. As operators, owners and asset managers prepare for the 2020 budget season, it is important to view the business plan from an “owner investment” lens to ensure that..

Roundtable Recap: Driving the Future of Hospitality

Article published by LODGING. The State of the Industry Right away, the panelists noted that while the hotel industry continues to do well, the industry isn’t as solid as it was.  Russo said that her outlook isn’t optimistic, and that industry has seen quite a bit of deceleration over the past couple of years. “I..
The Pedregal Hotel

The Top 100 Hotels in the World

Article published by Travel & Leisure.   Including two hotels which are asset managed by hotelAVE, Travel + Leisure readers explore far and wide, and the hotels that impress them reflect not only their high standards but also their ever-expanding sense of curiosity and adventure. This year’s list of the top 100 hotels in the world..

Managers Get Creative to Cope with Labor Shortages

Article published by HOTELS. It’s hard to find workers willing to scrub bathrooms and wash pots and pans. With the U.S. national unemployment rate at a 50-year low and properties opening every month, hotel operators are scrambling to recruit workers and keep them engaged. Shortages for housekeepers and kitchen staff are acute. “The availability of..

NYU 2019 Hospitality Conference Key Takeaways

Did you miss the NYU Hospitality Conference?  Don’t worry, just read hotelAVE’s Key Conference Takeaways! Overall Conference Sentiment: We are nearing the end of the cycle. Every prognosticator decreased their 2019 RevPAR growth forecast (most now at 2.0%) and they are leaving themselves room to take it down further as the year progresses. Rate is..

Luxury Hoteliers Spotlight on Romy Bhojwani

Article published by Luxury Hoteliers. An insider look at what Asset Managers are looking for when considering a new property. Romy shares how the industry has changed over the last ten years and how the experiential factor and the psychographics behind the decisionmaking process really matter. What do you believe are the top 3 criteria..

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,..