Concert Hospitality’s Post

#Frasers #Hospitality, a strategic #business unit of Frasers #Property, is fortifying its #international #expansion through collaborations with #capital partners and third-party #hotel #operators that complement its operational #excellence within the extended stay segment. https://lnkd.in/gv-pQ58S

What’s really interesting about the two Kasa assets mentioned in the article, is the totally unique approach Kasa took to bringing these hotels online compared to a typical operator. In partnership with patient and might I say awesome Owners, we were able to strip down these assets Ops wise to an MVP operating model, insanely labor light. But we didn’t stop there, we studied the Quality impacts of doing so, and tested various new programs from Capex investments to labor additions. In so doing, we didn’t spend owner dollars until we were able to much more clearly measure the impact of a marginal program, role or investment by building an ROI based case rather than just assuming that because a prior operator did something, it was a good idea. This has led to margins that don’t just start high, but steadily improve over time as well.

Big news in hospitality: Hyatt to take over The Standard and Bunkhouse Hotels #HyattHotels #StandardInternational #LifestyleHotels #AmarLalvani #HotelAcquisition #WorldOfHyatt #BunkhouseHotels #HotelNews

Thanks to HOTEL MANAGEMENT Magazine for letting me be a part of your Executive Roundtable Series. At this roundtable, we discussed Sustainability in Hospitality. This is one of the points I made at the roundtable: "Hotel companies, for the most part, do not own real estate. They're in the business of collecting fees, whether it's franchise or management fees." It was a great discussion between Jennifer Glatt, M.A., Justin Jabara, Beck Blasko (she/her), Gabby Buck, and Sage Patel. Read all about it in the article below 👇. #hotelindustry #hospitalityindustry

Of Suite Success and Hospitality Evolution - Do you know all Your Hotel Brands? Meet the Trailblazing Hotel chains that are Shaping 2024 Hospitality Market:

Focusing on guest experience over unit growth is the aim that hotel investors are looking to take moving into 2024. For hoteliers, guests are the center of everything -- revenue growth, recommendations, overall business -- so an emphasis on their needs and meeting their expectations is not surprisingly a priority. #HotelInvesting #HospitalityIndustry

As an authority in Extended-Stay hospitality, Dellisart is uniquely qualified to optimize the performance of this growing hotel segment. In this article, our CEO - Douglas Artusio - discusses the prospects for ongoing growth of this asset class.

Optimizing RevPAR performance is crucial for upscale hotels to stay competitive. This insightful roundtable highlights strategies that can elevate the entire hospitality market. At BASE4, we’re excited to see how these approaches can drive success and innovation across the industry. #HotelRevenue #HospitalityGrowth #RevPAROptimization #HotelManagement #IndustryInnovation

Christina Trauthwein shares some of the content you will find in the July/August issue. There is a feature on the spirit of giving, the topic of a recent executive roundtable with Davidson Hospitality Group; a story on revenue management, the subject of a recent Hot Topics discussion; an interview with Red Roof Inn’s new president; and our annual owners & developers report, which includes a ranked list #HotelBusiness https://lnkd.in/dkMXGrfv DISH Business #DISHBusiness #hotel #hotels #hotelnews #hotelowners #hoteliers #hotelindustry #hospitality #hospitalitynews #hospitalityindustry #hotelsandresorts #lodging #hospitalityprofessionals

Instead of buying companies outright, brands like Marriott International and MGM Resorts International are teaming up to offer mutual benefits without the hefty price tag. Peggy Roe of Marriott International, Christopher Hartley of Global Hotel Alliance, Brad Rahinsky of Hotel Equities and Daniel Lesser of LWHA Asset Management Group give us their takes on partnerships in this piece. Daniel Lesser #HOTELS #hotelnews #hospitalityindustry #hotelindustry #hospitalitynews #partnerships #hoteldeals