TODAY: Asian 'Gold Rush' through repositioning and investments, three things retailers can learn from the Sears bankruptcy and How Hotels are Putting Their Data into Action.

Asian 'Gold Rush' through repositioning and investments
Monday, 22nd October 2018

The foremost challenge is the surging level of hotel room supply now being injected into the region. STR recently revealed that there are now over 370,000 new rooms under construction across Asia Pacific, and a further 350,000 in the planning stages.

This influx is placing huge pressure on existing hotels to maintain occupancy and rates. In addition, ill-conceived developments, challenging locations and shifting market trends are causing hundreds of Asian hotels to underperform >>

Three things retailers can learn from the Sears bankruptcy
22 Oct 2018 : Sears Holdings, once the largest retailer in the world, has filed for bankruptcy, signaling that the fast-changing retail business isn’t waiting for anyone to catch up >>

Sentosa Singapore sees more hotels added in 2019
21 Oct 2018 : New gateway and getaway poised to be a game changer as it shifts local tourism industry's centre of gravity into Singapore's State of Fun; tailor-made experiences await families, business travellers, groups and couples >>

International arrivals into Asia Pacific continue to exceed the global average
20 Oct 2018 : Foreign arrivals into Asia Pacific destinations continued to grow at better than the global average in 2017, reaching a record volume high of more than 646 million arrivals relative to 2016 >>

NH's iconic nhow adds two emblematic establishments
20 Oct 2018 : Brussels and Rome are joining the strategic destinations around the world in which the nhow brand aspires to be the point of reference for these big cities' most avant-garde cultural, social and artistic trends >>

HIGHLIGHT ARTICLE

How Hotels are Putting Their Data into Action
Sunday, 21st October 2018

Today, one of the biggest issues preventing hoteliers from making their data actionable is technology integration.

Nearly all of the different systems in a hotel tech stack are generating some sort of data, and the challenge for hoteliers is bringing all that data into somewhere safe where they can analyze it and get a more holistic view of the guest. The data is not always clean, either >>

The Stereotyping of Millennials Has Gone Too Far
Seems like just about every conference I speak at lately has another speaker addressing some topic related to 'those Millennials'. Likewise, seems like at least once a week every lodging publication I read has an article about the challenges of marketing to or the managing of Millennials >>

5 Tips to Eat Like a Local on Your Next Business Trip
In recent research digging into business travel dining trends, we delved into the psyche of the business diner, the typical business travel dining experience really depends on the trip >>

The Journey of a Hotel
There’s a lot of money to be made – or lost – in this industry, and the competition is growing, the industry profit in recent years has averaged over 15 percent.

GrowThink notes that nearly 63 percent of this revenue comes from guest room rentals, with another 12 percent coming from food and alcohol sales. There’s a lot of money to be made – or lost – in this industry, and the competition is growing. The industry profit in recent years has averaged over 15 percent. So, how do new hotels get started? >>