HOTEL BUSINESS REVIEW

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David Phillips

STRs were inspired by the now limping WeWork model, using the master lease model to procure multiple properties at a time. However, the catch is that those companies are now bound to pay rent to a landlord regardless of bookings. In the current situation our world is in, STRs must rethink their approach to keeping a consistent flow of tenants. READ MORE

David Kasprak

As we look at the evolution of the hotel throughout the last century, technology played an integral role in the growth of the industry. Not only does technology drive occupancy, but the role of technology as an amenity has revolutionized design. The new smart hotel leverages the latest innovations to cater to every guest, bringing a world of new possibilities to the future of hospitality. READ MORE

Randy Shelly

With hotel room lifecycles expected to shorten, it will be more important than ever for properties to stay operational and maintain a high-quality guest experience while renovating. There are several ways that hotels can continue to generate revenue while enhancing their value - especially when taking advantage of current lower level occupancies - from pre-planning to mitigate potential disturbances to establishing effective construction approaches. READ MORE

Ryan McAndrew

In the midst of the current recession, transaction activity for hotel properties has effectively frozen as buyers and sellers remain stalemated over market values for distressed properties. The bid-ask gap is wide, and neither party is willing to budge, leaving owners and investors asking a question: Until a vaccine is developed and readied for distribution, what happens to the perception of hotel valuation and how does more meaningful deal flow occur? This article explores that question and more. READ MORE

James Lefcakis

What hoteliers call a "secure network" is only a click away from being exposed by someone within the hotel just trying do their daily duties. Understanding the benefits of training every employee on best data-security practices is the first step to protecting your guest's data and your systems from the multitude of new phishing schemes that impact our industry daily. READ MORE

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