Part of the new normal after the coronavirus has died off will be a great reshuffling of customer behaviors including the reasons for why people choose one property or form of accommodation over another. While this might mean that more guests are na…
Four Seasons Hotel George V, Paris to Reopen 1 September 2020
One of the world’s most famous hotels, the Four Seasons Hotel George V, Paris will re-open its doors to guests from Tuesday, 1 September 2020. “We are thoroughly looking forward to welcoming guests again and writing with them a new chapter of our st…
Market entry of citizenM Hotels in Germany’s top cities in cooperation with project developer GBI
The award-winning Dutch hotel and lifestyle brand citizenM has entered into an exciting collaboration with German project developer GBI. citizenM is looking for prime locations for their entry into the German hotel market. True to its philosophy ‘af…
STR, AirDNA analysis of short-term rentals and hotels in 27 global markets
Short-term rentals have maintained higher performance levels than hotels during the time of the COVID-19 pandemic, according to the preliminary findings of a joint global analysis by STR and AirDNA. The full analysis will be made available via each …
A Day’s Visits – The Life of a Hotel Doctor
My phone rang as I walked into the gym. A guest at the Sunset Plaza wanted a doctor to”check out” her 9 year-old daughter who’d awoken with a fever and vomited. This was agood call. Multiple vomits can be worrisome, but one is OK. I jumped at the ch…
IHG® opens Europe’s largest Holiday Inn Express® in Amsterdam
IHG® Hotels & Resorts announces the opening of Holiday Inn Express® Amsterdam – North Riverside, the largest Holiday Inn Express® in Europe. Located on the northern shore of the IJ-lake, just a short free ferry ride from Amsterdam City Centre, the h…
Maestro Asks: ‘How Serious is Your PMS Provider About Service?’
As independent hoteliers work diligently to prepare for reopening, many are struggling to get the support they need to ensure their property-management systems and integrated solutions are ready for guests’ return. Those who are dissatisfied with th…
Forecasting In A Time Of Unknowns
With the advent of the ‘new normal’, hotel owners and operators must begin considering the various financial and operational scenarios in their forecasts extending into 2021. Accurate forecasting is notoriously tricky, even in “business as usual” sc…
Investment Performance and COVID-19: New Methods for Value Estimation
Motivation Creating implied values using estimated net operating income (NOI) and cap rates since the Great Financial Crisis (GFC) has been relatively straightforward. Since the hotel market enjoyed nearly a decade of stable, steady growth, the trai…
European hoteliers brace for loss of American travelers
With the EU’s ban and the U.K.’s mandatory quarantine on American travelers, many of Europe’s hospitality players are bracing for the impact on hotel occupancy levels. “The American is typically a great traveler for Europe, especially in July, Augus…