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Hotels
Both 2022 and 2023 were banner years for U.S. hotels. But owners and operators may face more headwinds when it comes to bottom-line profitability in 2024.
Sean O'Neill | 3 months ago
Hotel asset managers can be specialist advisors and go-betweens for owners and operators. As the asset-light model and third-party management spread in Asia Pacific and beyond, asset managers will gain influence as strategic allies.
Sean O'Neill | 9 months ago
For the next few years, properties that deliver a differentiated experience will benefit because there is more demand than supply, hotel investors say.
Sean O'Neill | 1 year ago
Historical preservation in hotel design isn't new, but it remains relatively rare for hotels to honor the rich histories of their Black neighborhoods. The industry need more leaders like Larry Crosby, general manager of The Foundry Hotel, part of Hilton's Curio Collection.
Carley Thornell | 1 year ago
Michelle Russo knows hotel operations inside and out. She has some changes she'd like the sector to make.
News Blog
The relationship between the owners and operators of hotels has traditionally been fraught because the two sides often have goals and philosophies that don't fully overlap. The pandemic forced operators to align closely with operators in a battle to survive the plunge in demand. Working closely together, ties between the two sides warmed up. The…
Operating performance at many hotels worldwide is getting closer to pre-pandemic levels, according to a Hotels Global Asset Management Report released on Tuesday by JLL Hotels & Hospitality — an investment advisory firm that helps manage more than $6.8 billion in hotel assets. A few charts from JLL's report stand out. Inflation has been rising in much…
For hoteliers in slow-to-rebound U.S. markets, forced sales will be more likely as costs and debts rise. That's one of a few insights from the top boss of First Hospitality, which is an active owner and manager.
Sean O'Neill | 2 years ago
Cloud technology has revolutionized how hospitality brands can run efficient, cost-effective operations on a global scale. Centralized, intelligent systems provide data and insights to inform day-to-day decisions, giving people more power to predict and adjust their operations with the speed and agility that today’s volatile market demands.
Accenture + Skift | 3 years ago
Coronavirus
Oracle and Skift’s 2021 Back to Hospitality: Getting Smarter and More Profitable in a Post-Covid World report offers a playbook for the industry to come back better and stronger. In this article, we take a closer look at the report’s findings regarding the hotel environment in the Asia-Pacific region.
Oracle Hospitality + Skift | 3 years ago
