Roger Allen, RLA Global Group’s CEO chaired a distinguished panel to discuss Adjacent Living - Shaping the New Lifestyle at the International Hospitality Investment Forum (IHIF) on 2nd September 2021.
The co-living sector has seen a seismic change and a growing appetite from investors as the lines continue to blur between hotels, senior living, student housing, co-living and serviced apartments.
The panel members:
The in-depth discussion addressed the growing opportunities that exist to invest beyond the hotel room.
In a lively discussion, the panelists talked about their own experiences operating in this sector:
• What is driving the growth in this sector and why has it become so attractive to investors.
• The shift in consumer living and why flexible stays, enriched environments and communal living are seeing space sacrificed, for quality of life.
• Why the contraction of office, retail, and hospitality space has led to obvious opportunities for redevelopment of buildings, in prime city-center locations.
The panel concluded that although gross income may be lower than a traditional hospitality model, the financial stability of a hybrid model between hotels and residential living (especially post-pandemic) makes it a much more attractive prospect to investors.
Further insights from this discussion can be found at International Hospitality Investment Forum (IHIF).
RLA Global's senior team is in Cyprus, for a new luxury resort project. The island represents a region of exceptional potential, with a record-breaking tourism performance and GDP growth that significantly outpaces the eurozone average. Read more
RLA Global's senior team is in Cyprus, for a new luxury resort project. The island represents a region of exceptional potential, with a record-breaking tourism performance and GDP growth that significantly outpaces the eurozone average. Read more
Roger Allen, our Group CEO, shares insights from the pioneering Taylor Wessing Branded Residences Summit, highlighting key discussions on net profit margins and industry collaboration. Read more
Roger Allen, our Group CEO, shares insights from the pioneering Taylor Wessing Branded Residences Summit, highlighting key discussions on net profit margins and industry collaboration. 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
