Corporate recovery and limited-service hotels fuel hospitality investor optimism, First Moxy debuts in Brooklyn and more...

Corporate recovery and limited-service hotels fuel hospitality investor optimism
Wednesday, 8th March 2023

A bounce back in demand for corporate accommodation and growing potential for limited-service hotels mean hospitality investors are ‘mutedly optimistic’ about the year ahead.

The survey of senior decision makers at the world’s leading investment firms, revealed a 19-point uplift in the index score to 59 when asked about their confidence in demand growth in the corporate sector >>

First Moxy debuts in Brooklyn
8 Mar 2023 : Moxy Williamsburg debuts as the brand's first hotel in Brooklyn, featuring interiors by BASILE Studio in collaboration with Lightstone Design Studio and four new dining and drinking venues from Bar Lab Hospitality, the creative force behind Broken Shaker >>

European hotel transactions news
8 Mar 2023 : Hotel news and transactions from around the European region: Dubai Holding acquires Henderson Park’s stake in The Westin Paris - Vendôme and more >>

Singapore achieves global destination sustainability certification
8 Mar 2023 : Singapore has been certified as a sustainable destination based on the Global Sustainable Tourism Council (GSTC)’s Destination Criteria, after being the first to apply the certification process on a country level >>

IHG signs a Hotel Indigo on Palau
7 Mar 2023 : Hotel Indigo Palau will be IHG’s third hotel in Micronesia when it opens in late 2024 >>

HIGHLIGHT ARTICLE

PAM – The Most Useful Benchmark for Hotel Investment
Wednesday, 8th March 2023

This article introduces further key performance indicators (KPIs) that are considered vital in understanding a hotel asset’s performance, not just on a revenue and profitability basis in relation to the hotel’s room inventory, but also to consider how efficiently and effectively space is utilised within the entire hotel operation or in selected parts.

This will enable a hotel to be assessed on a similar basis as other classes of real estate and not solely by those with a more detailed understanding of the hotel sector >>

Pandemic-versary is Upon Us: The 5 Ways Your Workplace is Different Now Than 3 Years Ago
It was March 11, 2020 – three years ago – that a series of earth-shattering events occurred over the course of a few hours that would forever change the nature of the workplace >>

In case you've missed it: Global eNewsletter of March 07, 2023
Dusit unveils 14 additions for 2023, the unpredictable challenges of flexible working and more >>