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Loyalty Programs: Who’s Really Winning?

I have a love-hate relationship with loyalty programs. Actually, scratch that. Mostly hate. Having sat on the franchisee side of the table, I know first-hand that these programs don’t benefit the hotel. They don’t benefit the traveler either. They…
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Institutional capital buying into ultraluxury

Family offices and high net worth individuals have dominated investment in small, ultraluxury hotels for years. But Ad Altius CEO Thomas Brown says that is starting to change with institutional capital recognizing the value of scarcity and since…
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Where to look for hotel supply (and why)

Nordic-focused private equity investor Slättö recently announced plans to expand its hospitality portfolio by acquiring a run down, 1960s office building. The property purchased, a sombre concrete and green glass monolith, was occupied by the…
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Japan’s luxury problem

After registering record hotel transaction volumes in 2024, Japan’s hospitality market is on track for another stellar year. Last year saw deals reach US$2.9 billion in the first half of 2024, climbing to around US$7.7 billion by year end – 20…
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