Hospitality Insights look back at some of the biggest stories in hospitality investment over the past 12 months in the Review of 2022: The biggest stories in hospitality investment by asking five leading executives in the industry to tell us what they think were the notables trends and deals.
Read the year in review here.
In short Hospitality Insights summarised:
What’s happening: It’s been a rollercoaster year for hospitality investment with bumper consumer demand plus inflation pushing rates up for most of the year but the second half has been impacted by warnings of a looming recession.
Why it matters: Things have changed very quickly and we’re still none the wiser as to how 2023 is going to pan out. It’s a very strange time to be in the hospitality investment world.
1 big quote: "The war in Ukraine and the resulting geopolitical shifts increased general uncertainties about the recovery of tourism and hospitality, especially in Europe, while skyrocketing energy costs, rising inflation and increased interest rates as well as the strong US dollar all impacted the overall economic and business environment."— Roger Allen, global CEO, RLA Global
RLA Global's Group CEO Roger A. Allen and Regional Director Alejandra Resa Abad recently visited Denmark to work on the strategic repositioning of a historic hotel property. Read more
RLA Global's Group CEO Roger A. Allen and Regional Director Alejandra Resa Abad recently visited Denmark to work on the strategic repositioning of a historic hotel property. Read more
Our senior team has completed a site visit to the Black Sea coast, conducting market exploration for a luxury resort development in an established destination. Read more
Our senior team has completed a site visit to the Black Sea coast, conducting market exploration for a luxury resort development in an established destination. Read more
Operational audits can be a powerful diagnostic tool for hotel and resort owners seeking to improve property performance. But if done the wrong way, they remain expensive exercises that deliver little value. In this article, we look at what audits should assess, how they should be planned and executed, and how findings can be put to work effectively. Read more
Operational audits can be a powerful diagnostic tool for hotel and resort owners seeking to improve property performance. But if done the wrong way, they remain expensive exercises that deliver little value. In this article, we look at what audits should assess, how they should be planned and executed, and how findings can be put to work effectively. Read more
Hotel owner representation increasingly extends beyond individual projects to supporting investors throughout the entire lifecycle of their assets. Here is how this role can unlock value in key phases of the investment. Read more
Hotel owner representation increasingly extends beyond individual projects to supporting investors throughout the entire lifecycle of their assets. Here is how this role can unlock value in key phases of the investment. Read more
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