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What Key Hotel Metric Is After RevPAR

RevPAR is a critical statistic for hotels. It always has been, always will be. But it has some gaps. Namely, it doesn’t quite fit in the modern world of hotels that’s focused on growing ancillary spend as well as the relationship between ancillaries…
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The middle market embraces lifestyle

As travel habits shift and remote work unlocks new mobility, hotel investors are finding that smaller markets want a bigger experience. It seems that today’s guests aren’t just looking for a bed; they’re looking for atmosphere, design and a sense of…
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How to make maximum impact in midscale

As the midscale and upper-midscale hotel sectors continue to evolve, operators are facing a crucial challenge: how to remain competitive while addressing the shifting needs of today’s travellers. With an increasing demand for more than just basic…
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Left Lane knows the office-to-hotel formula

Developers often suggest converting an office to a hotel is fraught with peril and the general consensus has been opportunities are limited. They must not know developer Jon Kully, managing partner of Left Lane Capital in Brooklyn, New York, who is…
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