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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

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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F&B bump big benefit of co-work

MORE THAN CO-WORK. For some hotel companies, the benefits of providing co-working space come from sources other than F&B. At the Moxy Times Square, New York City, a barbershop and tattoo parlor go along with co-working spaces, says David Israel, senior vice president of HotelAve, the property’s asset manager. “We do business in our lobby..
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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..
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The most Instagrammable hotels in the U.S.

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 LANE HOTEL Modern but..
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Avoid 20/20 hindsight with budget plans

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 the annual business plan and..
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Roundtable Recap: Driving the Future of Hospitality

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 think we got a..
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