TODAY: Quarterly Hong Kong and Macau update, Ljubljana and more.
Quarterly Hong Kong and Macau update.
The reverberation from the sharp declines in mainland China visitor arrivals post-2014 echoed into the first quarter of 2016, negatively impacting hotel markets across the region, especially in Hong Kong and Macau.
Given that both cities are less than an hour away from mainland China, they suffered from the new restrictions placed on Chinese citizens.
InterContinental Ljubljana opens in Slovenia â€" where the alps meet the med.
InterContinental Hotels & Resorts continues its trailblazing heritage by opening the doors to InterContinental Ljubljana in Slovenia’s beguiling capital. The city is one of the latest rising stars in a hot list of emerging destinations in Eastern Europe.
Trinity Investments and Oaktree Capital form JV to acquire hotel assets.
Trinity Investments LLC and funds managed by Oaktree Capital Management announced the formation of a joint venture to invest up to $3 billion in high-quality, value added hotels in Trinity’s core markets: Hawaii, California, Mexico and Japan.
Record RevPAR fuels profit growth at UK hotels.
Record RevPAR levels helped hotels in the UK to maintain their strong period of top and bottom line growth in 2017, as the 4.4% year-on-year increase for the month fuelled a 3.8% increase in GOPPAR, according to the latest worldwide poll of full-service hotels from HotStats.
Featured Articles....
Why Negative Reviews Matter & What To Do About Them.
As any modern hotelier will know, the power of the guest review should never be underestimated, even if some reviews are to be taken with a pinch of salt, their authenticity and visibility to prospective guests can make or break a decision to book with you, and even your hotel’s reputation all together.
Ways to Drive Direct Bookings For The Modern Traveler.
How do young, modern travelers behave online? What connects to them, and how can your hotel use that information to drive direct bookings through your hotel website? Google’s Consumer Barometer gives insight into exactly that and in turn, you can apply this information to your hotel’s direct booking strategy.
Top 6 Hotel Success Factors.
What makes some hotels more successful than others? It is true that the selection of a site, market, brand, and management team are crucial to the success of a property, but after many years at HVS in the Consulting & Valuation division, and hundreds of consulting assignments later, I contemplated the question, 'Aside from these things, what really makes some hotels work?'
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Online Reputation Management - Meet Your Guests Where It Matters.
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7 Trainer’s Tips For Hotel Reservations Sales Success.
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