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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

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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Hotel Business: A Sensible Strategy is Key in the Current Environment

ASSET MANAGEMENT  REPORT By Gregg Wallis Senior Editor A sensible strategy is key in the current environment NATIONAL REPORT-With analysts predicting that hotels will be working on tighter margins, asset managers will need to work harder for every dollar earned. “The current environment requires skilled asset managers, and will differ­ entiate the savvy asset managers..
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ALIS Top 5 Takeaways

   hotelAVE ALIS Top 5 Takeaways Alis Takeaway #1: Listless RevPAR Growth. Projected to grow between 0.0% to 1.1% in 2020 due to new supply exacerbated by alternative accommodation growth. All revenue growth is proposed to come from rate which is unpredictable due to lack of operator confidence in pricing. Alis Takeaway #2: Uncertain Macro Environment...
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Hotel Asset Value Enhancement Magazine

hotelAVE Magazine: Hotel Asset Management Happy New Year!  Attached is our first inaugural hotelAVE Asset Management Magazine. I am proud to bring you a series of articles targeting drivers of hotel real estate value – operational best practices, optimizing contract encumbrances, and managing capital markets trends.  We are constantly innovating to create more cash flow..
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The changes experts think hoteliers should make in 2020

Article originally published in Hotel News Now The hotel industry upcycle has ended, and hoteliers share what changes need to be made in 2020 to adapt. REPORT FROM THE U.S.—As the hotel industry enters 2020 and leaves a record-setting upcycle behind, hoteliers recognize there is a need for making changes. The days of 6% revenue-per-available-room..
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