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,..

Did you miss the 2019 ALIS Conference? Don’t worry, hotelAVE is here to provide you with all of the industry news and insights you might have missed. Stable (albeit Decelerating) Fundamentals: RevPAR will continue to grow driven by corporate travel in 2019 (+2.7%) and will peak in 2020 (+2.0%) before declining in 2021 (-0.6%). Wage..

Article published by BizJournals. Over the past several months, public officials have described — often in the same sentence — the proposed Loews Hotel and the Memphis Cook Convention Center renovations as the two-pronged key needed to open up Memphis for the big convention business it’s been missing out on. But, the confidential analysis from..

By  Romy Bhojwani Article published by Hotel News Now. Savvy revenue managers should look for opportunities beyond just room revenue, such as in group meeting and banquet spaces. Here are some things to consider when refining the M&E strategy. In their quest for revenue per available room Index, most revenue managers miss other high profit..

Article published by Hotel News Now. Asset managers and owners recognize that amenity and resort fees are a viable source of revenue. Now the trend is expanding into urban luxury and full-service hotels, but experts urge hoteliers to take a careful approach. REPORT FROM THE U.S.—Surcharge fees collected by U.S. hotels are on the rise..

Article published by Hotels Magazine. A self-proclaimed “egghead,” Andrea Olshan knows her numbers, but she also gets the soft side of the business. Olshan is CEO of Olshan Properties, which owns and runs six hotels in Ohio, Georgia, Illinois and Florida, part of a broader commercial portfolio that includes retail, office and residential holdings. She..

Published by Hotel News Now. Hotel asset managers shared what they believe to be the biggest obstacles facing the hotel industry along with some cost-cutting measures they suggest hoteliers pursue. LEESBURG, Virginia—A tightening labor market and the ever-encroaching presence of alternative-accommodation platforms, such as Airbnb, are the biggest obstacles the hotel industry faces today, according..

Article published by Hotel News Now.  When de-flagging a branded hotel to an independent, there are many things to consider, such as timing, vision of the asset and collaboration with management companies. REPORT FROM THE U.S.—Taking a branded property and converting it to an independent is no easy process, and it comes with several risks,..

Did you miss the 2018 Americas Lodging Investment Summit? Read hotelAVE’s 2018 Key Conference Takeaways to catch up on the latest insights.

Article published by LODGING Magazine. ATLANTA, Ga.—Officials of the Hospitality Asset Managers Association (HAMA) today announced their new board of directors for 2018. Recently appointed at the group’s semi-annual conference, the new members include: CHMWarnick’s Maxine Taylor as president Three Wall Capital’s Tim Dick as vice-president Fulcrum Hospitality’s Larry Kaminsky as secretary Host Hotels &..