Sustainability Efforts Amongst Hotel Brands: A Peak into 2023
Every choice we make has an environmental impact, good or bad. The choices businesses make, multiply their environmental impact a thousand-fold as sustainable travel became a powerful trend in the hospitality market. Travelers today are more conscientious of the carbon footprint each trip requires. While we cannot yet help the impact of airline tickets when […]
2022 Holiday Travel Predictions for Hotels
WHAT CAN YOUR HOTEL EXPECT FOR 2022 HOLIDAY TRAVEL? The world is still trying to recover from the impact of COVID-19 pandemic. It was felt in various sectors, and the travel industry wasn’t spared. Fortunately, the hotel industry experienced a change in 2021 as holiday travel started to rebound toward the end of the year. Approximately 109.5 […]
A Guide to Efficient Extended Stay Hotel Management
Business-driven management structure for long/extended-term hotels The hotel industry took a massive blow during the COVID-19 pandemic, but the past two years have offered huge promise for the sector, with extended-stay accommodations spearheading the recovery. With 38.8% of Arizonians working remotely at the beginning of the pandemic – and 59% of Americans still teleworking in 2022 – […]
Soft-Brand Hotels: Create Your Own Vibe That Lasts
Big brands within the hotel industry are focusing more on offering the boutique lifestyle that offers customers unique settings and experiences. A report by TripAdvisor shows an increase in over 19% of soft-brand collection hotels in the past decade. This report also indicates that boutique hotels performed better than other hotel sectors within the last […]
Phaseout Begins for Bonus Depreciation Dec. 31, 2022
100% bonus depreciation will begin to phase out after December 31, 2022 and will phase out by 2027. The current law, passed under the Tax Cuts and Jobs Act of 2017 gives business’s the option to depreciate a larger percentage of qualified assets from their taxes in the first year the asset is placed in […]
Hotel Technology Trends Pt. 2 : Amenities Design & BTS
Hotel technology is a constantly evolving project for any venue. The effort to continue dazzling your guests with cutting-edge luxury never ends, and we wouldn’t want it to! Every year, hotel stays become more automated and hotel rooms more luxurious. Welcome back to the second half of our in-depth look at the latest hotel technology trends. […]
Hotel Technology Trends Pt. 1 : Concierge & Guest Rooms
The hotel industry is constantly pushing for innovative technology due to the ever-changing expectations of the modern traveler. 2022 has been a big year for hotel technology trends, with upgrades trending for nearly every element of hotel operations. Moreover, the industry can use these latest hotel technology trends to craft unforgettable guest experiences and introduce guests to the […]
Are Pre-Booking VR Tours Right For Your Hotel?
virtual reality tours and hotel bookings Virtual reality is no longer a teenager knocking about the living room, dreaming of becoming the next elite tennis player. What many once considered a game, has developed into a useful market strategy that can increase your hotel bookings. By tapping into pre-booking VR tours, your clients get a […]
Hotel marketing tips to boost your 2022 bookings
You cannot overstate the importance of having and implementing the right marketing trends and strategies for your hotel. Critical factors like building brand awareness, optimizing the bookings generated, and managing the hotel’s reputation are essential for increasing traffic and rates to the hotel. However, to meet the ever-changing demands of the hotel market, management must regularly […]
Arizona Hotel to Homeless Housing Project
Phoenix (May 24, 2022) – Dinesh “Dan” Rama and Kishan Gohel of NewGen Advisory proudly announce the sale of the Days Inn by Wyndham hotel in Phoenix, Arizona. Located within a heavily populated area near Downtown Phoenix and Phoenix Sky Harbor International Airport, this hotel consists of 50 units on 1.4 acres of land. The […]