Asia-Pacific hotel investment growing in 2024
Asia-Pacific hotel investments will total US$12.2 billion for the full year 2024 as an influx of investment activity, a more favourable interest rate environment and generally supportive macro and microeconomic developments will positively impact…
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THE top holiday trends for 2025 include ‘Detour Destinations’, ‘JOMO Travel’ and the ‘Hotel Restaurant Renaissance’, according to Expedia Group.
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Singapore vs. Hong Kong: A Hotel and Tourism Rivalry
Singapore and Hong Kong were once seen by many travelers as shopping-centric destinations. But Singapore has recast itself as an experience destination with many live events, widening its lead against Hong Kong in tourism…
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The weirdest room service requests revealed, including caviar hot dogs and fresh goat’s milk
Gone are the days when guests simply ordered a club sandwich and skinny fries. Hotel guests make some rather outlandish and unusual room service requests, according to a new report.
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Global hotel rates starting to rise ‘more moderately’
Hotel prices in key global business travel cities are now going up at a “more moderate rate” than in the previous two years, according to the latest data from accommodation booking specialist HotelHub…
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How the Right Asset Management Firm Helps Optimize Hotel Investments
When implemented effectively, partnering with the right asset management firm can help maximize investor returns and real estate property values. Asset management is particularly important in this post-pandemic environment where macroeconomic…
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The Luxury Sustainability Conundrum
Climate change is one of the most significant challenges society is facing, but we are currently trapped in what feels like a phony war. We know we should act, but there is limited international guidance as to how and little immediate legislation to…
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FROM SECURITY TO CLOUD, 4 TECH INSIGHTS FROM HOSPITALITY EXECS
Where should the hospitality industry be putting its technology investment? Cloud computing? Artificial intelligence? Sunsetting legacy technology? What are the priorities and is it spending enough?
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ITC’s hotel business demerger receives CCI approval
The new arrangement will allow ITC to retain a 40% stake in ITC Hotels, with the remaining 60% to be owned by ITC shareholders.
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Hotel Industry Leader Jim Petrus Launches Petrus Hospitality Advisors
A New Consultancy Providing Asset Management And Strategic Guidance For Developers, Owners And Operators
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Q&A: Project Management Advisors’ Mark Knott Discusses 2024 Hospitality Trends
Throughout 2023, the hospitality industry has experienced a number of shifts…
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I reluctantly agreed to do this end of the year preview in that the uncertainty barometer is near the top of the scale…
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Hotel asset management is evolving at a fast pace, and it requires a new commercial approach, not to mention a different skill set…
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