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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

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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hotelAVE’s Summer Internship Program

hotelAVE’s summer internship program gives students hands on experience working directly with leadership in the hospitality management industry. This year, the program looked a little different as we adjusted for a remote setting.  Our interns wrapped up last week and here is what they had to say about their summer experience. Fiona Rath What school..
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The Post-Pandemic Hotel Looks a Lot Like a Cruise Ship

 If you’ve ever sailed aboard a Royal Caribbean cruise, a song lurks deep within your subconscious: a kiddie-style earworm about washing your hands that loops endlessly in the buffet entrance and on in-room TVs. “Wash your hands, like 50 times a day,” the tune goes, imploring passengers—with a cartoon octopus cleaning its multitude of hands..
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hotelAVE featured in Bloomberg: The Post-Pandemic Hotel Looks a Lot Like a Cruise Ship

Incessant pleas for hand-washing, pre-reserved dining times, all-inclusive pricing: Welcome to the contact-less, germ-less hotel stay. If you’ve ever sailed aboard a Royal Caribbean cruise, a song lurks deep within your subconscious: a kiddie-style earworm about washing your hands that loops endlessly in the buffet entrance and on in-room TVs. “Wash your hands, like 50 times a day,” the tune..
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The Daily Lodging Report

Hotel Industry Update: The Daily Lodging Report for 3/22/20 The volatility continued on Friday as the DJIA fell 914 points, Nasdaq was down 271, the S&P 500 fell 105 points and the 10 year treasury yield fell below 1% again, down .18 to 0.94%.   Lodging stocks were mostly higher but the volatility has not been..
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Hotel News Now: 5 Things to Know

Hotel News Now: 5 things to know: 19 March 2020 US RevPAR down 5% Chinese booking site predicts rebound Marriott outlines coronavirus response Analysts see risk for hotel REITs HotelAVE predicts five-year recovery period By the HNN editorial staff U.S. RevPAR down 32.5%: With the U.S. economy coming to a screeching halt amid con erns..
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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..
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