News Archive: November
How to Develop a Successful Hotel Concept
Patrick Landman | November 15, 2017
By Patrick Landman A hotel concept is much more than the design and physical layout of your hotel. It also encompasses the service you offer as a hotel management company, ambiance, attention to detail, the type of experience for guests, and the quality of your products. A hotel concept is what you want your hotel to be known and remembered for. Why do you need a hotel concept? Not only do you need one, in the modern hotel landscape you must carry out concept development that sets your property apart as unique and remarkable. Hoteliers face challenges today that hotels from twenty or even ten years ago didn't have to worry about. Compet...
Steel-Framed Modular Construction For High-Rise Hotels: What You Need To Know
Dale Stern | November 29, 2017
By Dale Stern I've spent more than three decades designing and managing the development of high-rise commercial buildings across the U.S., but only recently have I encountered steel-framed modular construction being used to build these types of structures. Although the use of wood-framed modular construction on low-rise buildings has become increasingly common in North America, the modular industry here is still in its infancy. More sophisticated modular products, like steel-framed modular units for high-rises - and the processes behind utilizing them – are still a rarity and have only recently begun to reach our shores from place...
2018 Trends in All-Inclusive Sector
Diego Lowenstein | November 13, 2017
By Diego Lowenstein 1. What sets today's luxury all-inclusive properties apart from the all-inclusive properties of the past? From food and beverage options to upgraded amenities, the luxury all-inclusive sector has greatly evolved in recent years. In the past, many all-inclusive resorts offered a three-star, mid-level experience that, while it was an affordable and attractive option, did not always wow travelers. But today's all-inclusive properties, at least the ones that are doing it right like Hyatt Ziva and Zilara and the AM Resorts brands, are focusing less on delivering a cost-effective all-inclusive experience and more on delive...
Thanks to Erika at Omni Resort at ChampionsGate for a Perfect Front Desk Welcome!
Doug Kennedy | November 6, 2017
By Doug Kennedy As a hotel industry hospitality trainer, I surely have a more critical eye for detail than the average guest, yet I still try to be patient regardless. As a lodging industry conference keynote speaker, I often stay at large resorts that cater to conventions., so I always remind myself to lower my expectations for hospitality, as they are rarely met. Typically, I find myself as the only guest in the lobby (checking outside of the mass arrival times), yet still having to wander through rope lines. After navigating the maze, I stand there staring at the top of someone's head as they seem to obsess on the computer screen. Fi...
U.S. Hotel Development Cost Survey 2016/17
Stacey E. Nadolny | November 2, 2017
By Stacey E. Nadolny Hotel development activity correlates directly with the ebbs and flows of hotel-sector performance. As we reached the peak of the current cycle in 2016, developers pursued hotel construction and redevelopment at a pace we haven't seen since 2006 and 2007. HVS has tracked Hotel Development Costs for the last three decades, collecting data from actual hotel cost budgets during our assignments. This year's sample reflects the largest sample HVS has analyzed given the number of hotels in the pipeline, as well as our growing presence in 35 U.S. markets. The data in this survey reflect budgets from 2016. With the availabi...
Tavistock Development Reveals Plans for 2018 Groundbreaking of Lake Nona Resort in Orlando, Florida
Lake Nona | November 16, 2017
(Orlando, FL) NOVEMBER 16, 2017 – Tavistock Development Company, a diversified real estate firm owned by Tavistock Group, today announced details surrounding an iconic performance resort and spa at its master-planned Lake Nona community in Orlando, Fla. Arquitectonica, a leading Miami-based architecture firm, is designing the Lake Nona Resort, which is planned to break ground in 2018 with an opening date set for 2020. Located along the southern shore of Lake Nona and just steps away from the new USTA National Campus – the world's largest tennis campus with 100 courts – the eight-story Lake Nona Resort will feature cutt...
The Changing Needs of Millennials: New Implications for the Travel Industry
MyTravelResearch.com | November 13, 2017
Business travel, loyalty programs, food and beverage consumption, and travel marketing content are already feeling the impact By Bronwyn White Millennials are becoming responsible parents and business travellers with their own unique set of service expectations from hotels, restaurants, destinations, airlines and loyalty programs Millennials – also known as Gen Y or the Me Generation – are moving into a new life stage. The 18 to 35 year olds are becoming responsible parents and assertive business travellers. The travel industry needs to be aware of such changes because millennials are entering into 'peak influence' as busine...
Shifts In Revenue and Expenses Improve Hotel Food and Beverage Profits
Robert Mandelbaum | November 20, 2017
By Robert Mandelbaum Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service are disappearing. Taking their place are self-service kiosks and grab-and-go concepts that provide quick-service for in-house guests. These changes help explain recent changes in hotel food and beverage department revenues, expenses, and profits. To understand recent trends in lodging food and beverage sales, we analyzed the financial performance of ...
