Ennismore is one of the hottest hospitality groups in the world, and founder and co-CEO Sharan Pasricha anticipates coworking, food-and-beverage, and lifestyle lodging as a way for real estate partners to diversify their revenues.
Ennismore founder and co-CEO Sharan Pasricha has teamed up with Accor and other investors to create a lifestyle supergroup. Here's a taste of his strategic thinking.
Saudi Arabia's tourism development fund said it would help invest in the building of lifestyle hotels in the kingdom through a new hotel investment fund worth $400 million (1.5 billion…
Federico Gonzalez argues lifestyle hotels aren’t just for the well-heeled, and rivals are “punishing” guests with poor design. But it may be a challenge to roll out so many properties and keep them feeling unique.
Hotel companies, many of which saw huge drops in overseas guests during the pandemic, realized they needed to appeal to local residents more to boost revenue. So they're increasing their efforts to make their properties feel like home for local communities.
The hotel group is operationally ready to do away with Covid modifications like QR codes and housekeeping upon request, according to Amber Asher, because guests crave full-service hospitality once again.
Larry Cuculic wants to convince developers Best Western offers a credible (and profitable) route into the lifestyle hotel sector. A brand relaunch will help, but is that enough for a chain that's perhaps better known for its roadside motels.
Accor continues to see bright days ahead in its recovery, but the war in Ukraine adds new challenges for Accor's already volatile pandemic recovery — especially a conflict in one’s backyard.