maryjo finocchiaro
Alternative Accommodations Likely to Bring Continued Disruption to Hotel Industry in 2020
MaryJo Finocchiaro | December 23, 2019
Real estate and hospitality professional MaryJo Finocchiaro expects trend to continue as consumers compare price/value proposition of the two products BOCA RATON, Fla., Dec. 23, 2019 -- The alternative accommodation business is a significant hotel industry disruptor and is becoming increasingly institutionalized characterized by sophisticated revenue management, multi-unit management companies, and talks of IPO's. According to MaryJo Finocchiaro, Executive Vice President and Chief Financial Officer for BRE Hotels & Resorts, "The alternative accommodation trend is expected to continue to grow but facing headwinds with the threat of e...
The Hotel and Resort Macroeconomic Outlook for 2020 and 2021 / MaryJo Finocchiaro
MaryJo Finocchiaro | December 12, 2019
BOCA RATON, Fla., Dec. 12, 2019 - As 2020 rapidly approaches and the hotel industry is wrapping up its 10th consecutive year of growth since the Great Recession, hospitality industry professional MaryJo Finocchiaro, Chief Financial Officer at BRE Hotels & Resorts, offered her opinion on the hotel macroeconomic outlook for the coming year and beyond. "Hotel upcycles typically last for no more than a decade before the industry encounters a period of softening in demand and we're approaching that in the coming year," Finocchiaro said. "Additionally, socioeconomic and geopolitical events have also historically plagued the broader macroeco...
