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Thought Leadership

Managers Get Creative to Cope with Labor Shortages

Article published by HOTELS. It’s hard to find workers willing to scrub bathrooms and wash pots and pans. With the U.S. national unemployment rate at a 50-year low and properties opening every month, hotel operators are scrambling to recruit workers and keep them engaged. Shortages for housekeepers and kitchen staff are acute. “The availability of..

NYU 2019 Hospitality Conference Key Takeaways

Did you miss the NYU Hospitality Conference?  Don’t worry, just read hotelAVE’s Key Conference Takeaways! Overall Conference Sentiment: We are nearing the end of the cycle. Every prognosticator decreased their 2019 RevPAR growth forecast (most now at 2.0%) and they are leaving themselves room to take it down further as the year progresses. Rate is..

Luxury Hoteliers Spotlight on Romy Bhojwani

Article published by Luxury Hoteliers. An insider look at what Asset Managers are looking for when considering a new property. Romy shares how the industry has changed over the last ten years and how the experiential factor and the psychographics behind the decisionmaking process really matter. What do you believe are the top 3 criteria..

Hotel Industry Finance Roles Lack Female Representation

Article published by HospitalityNet. The U.S. hotel industry is inching along in opening paths for women to reach senior executive and C-suite roles, but data shows that women still aren’t widely seen in roles within finance and operations. REPORT FROM THE U.S.—Women are roughly one-fifth as likely as men to get C-suite positions and roughly..

Best Hotels in the World Named

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,..

The Next Frontier in Revenue Management

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..

Owners Adopt New Practices With Fees and Surcharges

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..

Numbers-savvy Hotelier Builds on a Legacy

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..