Reflecting on a dynamic panel at the Atlantic Ocean Hotel Investors' Summit, yesterday, moderated by our Group CEO Roger Allen, it's clear why he described it as a "rockstar panel of executives."
The discussion, featuring Alexander Schneider, John Alarcon, Dillip Rajakarier and Adrian Bridge, provided a multifaceted view of the luxury hospitality sector's future.
Dillip Rajakarier - Group CEO at Minor International/ CEO at Minor Hotels
John Alarcon - VP Development Luxury & Lifestyle Brands - Spain and Portugal - ACCOR
Adrian Bridge - Chief Executive Officer at The Fladgate Partnership and The Yeatman Hotel
Alexander Schneider - Chief Operating Officer at Sani Ikos Group
Market Predictions for 2024
- The panel's forecasts were a mixed bag, with some expecting a 15% growth, while others raised concerns about maintaining ADR levels compared to 2023.
- Portugal continues to be a beacon of growth in European tourism, promising further development.
- Challenges of recruiting and retaining staff remain a significant concern for the industry.
- Dillip Rajakarier was positive: MINOR is gearing up for a record year.
- Adrian Bridge highlighted a key trend – Independent Boutique Hotels are not just competing but excelling against big international brands. He eloquently communicated this through the Yeatman's success story.
As RLA Global, we left AOHIS 2024 enriched with insights and aware of the challenges ahead.
There is a general optimism about the marketplace, tempered by the realities we face in human resource management and the complexities of market dynamics.
Heartfelt thanks to our panelists and attendees for engaging in such a meaningful dialogue.
We look forward to participating at the GIOHIS event on March 4-5 in Abu Dhabi.
New report examines how wellness impacts hotel performance across 11,000+ properties worldwide, with debuting Top 10 country rankings for membership fee and spa treatment revenue, and UAE market spotlight for investors. Read more
New report examines how wellness impacts hotel performance across 11,000+ properties worldwide, with debuting Top 10 country rankings for membership fee and spa treatment revenue, and UAE market spotlight for investors. Read more
Our Group CEO, Roger Allen, joins Riyan Itani's panel at Future Hospitality Summit to discuss the financial realities of Branded Residences development, covering investment economics and profit margins. Read more
Our Group CEO, Roger Allen, joins Riyan Itani's panel at Future Hospitality Summit to discuss the financial realities of Branded Residences development, covering investment economics and profit margins. Read more
Sleep in hospitality is revolutionizing the guest experience. The hotel sleep experience has become a central focus, as modern travelers are willing to pay more for accommodations that enhance their sleep. Hotels that prioritize restorative sleep through innovative technology and environmental design gain lasting competitive advantages. Read more
Sleep in hospitality is revolutionizing the guest experience. The hotel sleep experience has become a central focus, as modern travelers are willing to pay more for accommodations that enhance their sleep. Hotels that prioritize restorative sleep through innovative technology and environmental design gain lasting competitive advantages. Read more
Hotels must come up with new ways to successfully attract and retain employees and boost their appeal to new cohorts of candidates in an ever-intensifying race for skilled workforce. In this article, we examine what difficulties and challenges they need to overcome in the labour market and how they can build resilient and innovative human resources strategies. Read more
Hotels must come up with new ways to successfully attract and retain employees and boost their appeal to new cohorts of candidates in an ever-intensifying race for skilled workforce. In this article, we examine what difficulties and challenges they need to overcome in the labour market and how they can build resilient and innovative human resources strategies. Read more
Sign up for our Newsletter
