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 […]
Here’s How to Optimize Your B2B Sales Strategy for Selling to the Hospitality Industry
Times are tough out there for small businesses, but the hospitality industry is seen as a steady and growing part of the wholesale B2B market. For everything from craft beer to curtains, cleaning services to pest control, hotels, motels, and even AirBnBs have needs that small, local service companies and wholesalers are uniquely suited to […]
How Hospitality is Working Across the Country
The hotel and lodging industry can claim numerous reasons why it is one of the most successful fields of operation in the world of businesses. Hospitality brokers know that there is a constant stream of clients ready to invest in this popular arena. How does the hospitality field maintain its competitive advantage? By investing in […]
The Profitability Buzz Behind the Economy Sector of the Hospitality Industry
Many industries pose considerable risk to investors. Between lack of experience in the field to consumer whims changing, and every reason in between, businesses often find themselves swimming at high tide and low tide just to try to stay afloat. However, the hospitality industry seems to be relatively immune from this phenomenon and, in fact, […]
The Future of Cellular Connectivity for the Hospitality Industry
As guests become more demanding in the type of services they want, hotel properties will need to keep up to meet their demands. That includes providing excellent wi-fi connectivity. Draw Factor Reliable and secure high-speed wireless connectivity is one of the basic amenities that many guests now require, with more than 96% of guests who […]