Bouncing Back from COVID: Government mandates and consumer travel trends
It’s a whole new world for the hospitality industry as it begins to slowly regroup in the wake of COVID-19. No one is certain what the recovery phase will look like, or how long it will last…we are definitely in uncharted waters. We can look to what happened in the wake of the SARS outbreak […]
5 Ways to Attract More Bleisure Travelers
The numbers are in: bleisure travel is on the rise. How can your hotel attract this growing class of travelers? Most bleisure travelers are millennials, and they’re looking for specific things when booking their bleisure trips. Keep reading and we’ll go into five ways to appeal to this demographic. What Exactly Is Bleisure? The word […]
Smart Rooms — Trends That Are Redefining Today’s Hotel Rooms
Technology pushes a more and more interconnected world. Meaning industries like hotel services have a stronger incentive to adapt and expand for their growing audience. New trends like smart hotel rooms provide that exact solution. Whether you are a veteran in the hotel service industry or looking to expand into it, the new traits of […]
How to Make Your Hotel Recession-Proof
Whether or not we are poised for a recession by 2021 is the subject of much debate but we seem to be trending in that direction. In the wake of the coronavirus, the Federal Reserve just cut interest rates to 0% – a 50-year low. With coronavirus headlines changing by the hour, Bloomberg Economics most […]
How will the 2020 Presidential Election Impact the Hotel Industry?
As you know, we are in the midst of a presidential election year; wondering who will lead our country into the next four years. Each potential candidate has his own views on things that will impact hotels and the hospitality industry at large. In particular, changes to the minimum wage and to immigration law could […]
Why You Should Attend Hospitality Conventions
Most industries have annual conventions where hundreds (even thousands) of people gather to learn, network and grow their business. The hospitality industry has many annual conventions, but why should you attend? After all, going to a convention not only costs money, but also costs you time away from your business. Here are three reasons why […]
Selling a Hotel? Why NewGen Advisory Is the Right Choice
When you’re selling a hotel, it’s important to choose the right hotel broker. Choose poorly and the sale could take far longer than you’d like and earn you less profit. But, choose NewGen Advisory, and not only will you sell your hotel fast, but we will get you the best possible return on your investment. […]
Which Amenities Do Hotel Guests Want (And Use) Most?
As a hotel owner, your main concern is to fill as many rooms as possible as consistently as possible. It’s common knowledge that prospective guests place price, location and solid reviews high on their list of determining factors, amenities are the thing that can really set a property apart. The amenities you offer are one […]
The Importance of Online Reviews for Your Hotel Property
Travelers are relying more and more on online reviews to help them make hotel decisions. In a survey of more than 900 people, travel-technology company Expedia Group found that, while price plays an important role in the choosing of a hotel, guest ratings/reviews are also an important factor in hotel selection. In their study, Expedia […]
Coronavirus Will Leave Its Mark on the US Tourism Industry
If you think the coronavirus won’t have a significant impact on US tourism, think again. As of the writing of this article, there are 71,000+ worldwide cases of coronavirus (known as 2019-nCoV) and more than 1,800 deaths. The CDC has issued a Warning Level 3 China Travel Notice; recommending the travelers avoid all nonessential travel […]