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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
Archive
Tag: Pandemic Impact on Hotels

Five Tips To Profit As Pent-Up Demand Finally Emerges

When Omicron hit in full force, the rate of RevPAR recovery (as a percentage of 2019) in January and February stepped down from December’s level as consumers cancelled upcoming trips in the short-term and delayed future travel planning. As a result, nationwide occupancies dipped to 84% of 2019 levels during the first three weeks of January 2022, compared to above fair share in certain weeks in December, based on STR data.
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For New York City’s hotels, it’s the most critical time of the year

The struggle to return NYC’s hotel industry to its pre-COVID glory. Beyond the owners and stakeholders anxiously waiting for occupancy numbers to rebound to pre-pandemic levels, there are industry players such as hotelAVE, a consultancy made up of former hotel owners, operators, and financial professionals that provides asset management and advisory services to lenders and owners..
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How the Wisdom of 2020 May Make Travel Better in The Long Run

The conventional wisdom is that 2020 has nearly destroyed travel. And though it’s true that covid-19 ruined our vacations and took a wrecking ball to a large part of the industry, the conventional wisdom is wrong. “Actually, the pandemic is making travel better in many ways,” says Clayton Reid, CEO of MMGY Global, a marketing..
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What’s missing from pandemic-era travel? Plenty.

Since the pandemic was declared in March, safety precautions and protocols have become the stuff of everyday life — at home and on the road. For some, vacationing within the strictures of a public health crisis will be worth it; for others it won’t. We all want to get away, but it’s important to have..
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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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Parsing Hotel ‘Hygiene Theater’ From Truly Effective Health Protocols

hotelAVE featured in Skift.com article discussing cleaning protocols.  Read the original article here! Essentially every hotel company launched a heightened health and cleaning protocol following the coronavirus pandemic to give guests the confidence to book a stay. But they aren’t always effective, according to one company aiming to be a third-party cleaning verification provider to the hotel..
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What worries owners, Operators about group business

Hotel owners and operators continue to reassess their business models as the industry continues to reel from COVID-19. During a webinar titled “Emerging strong: Shaping the future of travel and hospitality” presented by Dixon Hughes Goodman, executives discussed their outlook on corporate travel demand, their pivots in development strategy and their theories for how the..
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Hoteliers Casting Wider Nets For Guests, Revenue

The COVID-19 pandemic has forced hotel owners and operators to get creative with how they run their hotels, and repositioning strategies have been considered in some cases, sources said. David Israel, SVP at HotelAVE, said some resort properties that his company manages have morphed operations toward a cruise-ship-type model, meaning all meals and activities are..
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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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