The event was a great success, with the appearance of all stakeholders, movers, and shakers, demonstrating the undeniable resurgence of the hospitality, tourism, and hotel investment sectors. 
 
1. Shift in real-estate use
There was a prominent discussion relating to the utilization of real estate. Whether it pertains to city hotels or resort developments, the overarching question revolved around optimizing real estate to create destinations and experiences that align with the demands of a transformative economy. 
 
Investors need innovative strategies and comprehensive concept plans to ensure real estate investments deliver remarkable experiences while generating substantial returns at the same time.
 
Kirill Zavodov, head of real estate equity EMEA at PIMCO added: “Alternatives [are] not about packaging old real estate in a new way. It's creating the right real estate that fits the needs of the consumer in a way that hasn't been done before.” - from hostpitalityinvestors.com
 
2. Focus on “quality experiences” and look at the “returns”  
In an era where personalisation and tailored offerings are in high demand, industry leaders should focus on translating these extraordinary experiences into tangible and definitive services that are appreciated by their target audiences.
The ability to create a balance between being able to provide unforgettable moments and generating lucrative returns for investors emerged as a fundamental objective for all stakeholders.
 
 
 

News relating to this topic

RLA Global expands into Central Asia

Sep / 2023

RLA Global proudly announces its strategic expansion into Central Asia, a dynamic region bursting with opportunities. RLA Global's local representative and senior consultant will be Baktyiar Tokoev.

RLA Global expands into Central Asia

Sep / 2023

RLA Global proudly announces its strategic expansion into Central Asia, a dynamic region bursting with opportunities. RLA Global's local representative and senior consultant will be Baktyiar Tokoev. Read more

news-article

RLA Global wins 'Best International Leisure & Hospitality Advisors 2023' award

Sep / 2023

We at RLA Global are pleased to be recognized by the European Travel Awards. "We are motivated by this award to continue advancing as leaders in the international leisure and hospitality industry,” said Roger Allen, our CEO.

RLA Global wins 'Best International Leisure & Hospitality Advisors 2023' award

Sep / 2023

We at RLA Global are pleased to be recognized by the European Travel Awards. "We are motivated by this award to continue advancing as leaders in the international leisure and hospitality industry,” said Roger Allen, our CEO. Read more

news-article

Insights relating to this topic

The US Hotel Industry – analysis of 1H 2023 and outlook for 2H 2023

Aug / 2023

We're pleased to share an insightful new report on the US hotel industry outlook for 2023 recently published by our friend and fellow hospitality expert, Michael Shindler of Four Corners Advisors.

The US Hotel Industry – analysis of 1H 2023 and outlook for 2H 2023

Aug / 2023

We're pleased to share an insightful new report on the US hotel industry outlook for 2023 recently published by our friend and fellow hospitality expert, Michael Shindler of Four Corners Advisors. Read more

news-article

Leisure Hotel Owners need to start Plan B

Aug / 2023

Hotels are still riding a significant wave of leisure demand growth, but forecasts suggest a slowdown could be looming. Here are the do’s and don’ts of preparing for a downturn.

Leisure Hotel Owners need to start Plan B

Aug / 2023

Hotels are still riding a significant wave of leisure demand growth, but forecasts suggest a slowdown could be looming. Here are the do’s and don’ts of preparing for a downturn. Read more

news-article
Meet Roger A. Allen

Learn more about the author

Schedule a meeting

Tell us your preferred time to call or any details

Thank you! Your message has been delivered.

Interested in related topics?

Sign up for our eNewsletter

Thank you for subscribing!

search