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Global eNewsletter of November 19, 2024 4Hoteliers.com ~ Click title to read the article Tuesday, 19th November 2024
Niseko: Developers shift to luxury land plots and custom homes as development costs rise, US hotel results and more...
Niseko: Developers shift to luxury land plots and custom homes as development costs rise Tuesday, 19th November 2024
Renowned as a ski resort destination, winter visitors make up 57% of Niseko’s total arrivals, Australian travelers dominate this group, with 22% arriving in winter specifically for skiing, dropping to 4% in summer.
With diverse recreational activities and Niseko Town’s efforts to promote year-round tourism, the summer season saw a strong turnout, growing 7% year-on-year in summer 2024 >> US hotel results for week ending 9 November 19 Nov 2024 : As projected for election week, the US hotel industry reported negative year-over-year performance comparisons >> World of Hyatt and Headspace launch new series to help travelers find s good night's sleep 19 Nov 2024 : Science Behind Sleep video series gives guests and members expert tips on how to enhance sleep routines >> Recovery of the Southeast Asian tourism industry 19 Nov 2024 : Natural disasters in the region this week (again) as Mount Lewotobi Laki-Laki erupts in Indonesia, causing flight cancellations, whilst the Philippines gets hit by its sixth typhoon in a month, Super Typhoon Man-yi >> HIGHLIGHT ARTICLE
Slowing RevPAR Growth Makes Hotel Brand Selection More Critical Tuesday, 19th November 2024
Slowing RevPAR growth and maturation of the US hotel industry are driving brand proliferation to attract new customers.
To maximize profits, owners and developers must pick an attractive chain scale and an outperforming brand. Selecting a brand that outperforms the average has become increasingly difficult.
Only 30% of brands delivered above-average RevPAR growth over the past five years, down from the 52% of brands with above-average RevPAR from 2013 to 2018 >> Remembering HSMAI’s Bob Gilbert For His Humanity Ever since I got the news of the passing of Bob Gilbert, HSMAI’s President and CEO for 30 years, I have found both comfort and inspiration in the tributes that others have shared on social media, LinkedIn, and the tribute wall set up in his honor >>
In case you've missed it: Global eNews of November 18, 2024 infinitude hospitality signs its first hotel in Japan's ancient capital, Hard Rock Hotel & Casino Bristol opens and more >>
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