10 Hotel Trends That Will Shape Guest Experience in 2019
Travelers rarely visit a particular place simply to experience a specific hotel—yet that hotel can have an enormous influence on their trip. It is where they start and end their day and where they rest and refresh for whatever awaits them. Whether you are a new owner or putting your hotel investment property up for […]
F&B Branding is the Next Big Opportunity for Hotels
Tourism is Everywhere It’s not just the big hotel chains that are profiting from the increase of tourism. Smaller hotels and purely local players are definitely in the game. From a small B&B in an off the beaten path in a lakeside town to a quirky roadside motel on Route 66, to small specialty boutique […]
Does Your Hotel Need to Meet Sustainability Goals? Five Technologies to Help
Beyond the obvious goal of contributing to the welfare of the planet and its natural resources, hotels that meet sustainability goals experience many business benefits as well. It reduces costs in many areas, such as water expenses and food spending. Also, many customers base part of their decisions on which hotel to frequent based on […]
What’s Attracting High Net-Worth Investors to Value-Add Assets?
More and more high-net worth investors plan on putting their money in value-add assets. As a wealth-management strategy, investing in high-value real estate is an effective way to grow and even protect one’s assets. That’s one of the reasons why investors are looking for value-add real estate properties. The move is also an excellent way […]
Ambiente, North America’s First Landscape Hotel, to Open in Sedona in 2020
Sedona has plenty of breathtaking views, given its well-known red rocks, fantastic sunsets, and some of the best resorts the country has to offer. With the first landscape hotel opening in late 2020, tourists have another reason to pay a visit. Ambiente is owned by Two Sister Bosses, a local Sedona company. The firm has […]
Profit Growth Becomes Harder to Achieve for U.S. Hotels
The revenue growth forecast for hotels is expected to slow down, indicating that profits may be harder to hit this year. Revenue gains may have been positive for some, but only about 54.3% had seen any improvement in their GOP. What Drives Growth Historical data tells us that ADR growth is the one that boosts […]