Eastdil Secured’s Post

5 statistics of note for the hospitality industry in London: 1. More than 250 new restaurants opened in London in 2023 2. London’s hospitality industry revenue grew to £46bn in 2023, up from £43bn in 2019 3. London's hospitality sector outperforms the rest of the UK, growing on average 7.7% a month compared to 5.6% nationally 4. There are approx 123,000 hotel rooms in London 5. Inhabit Hotels are the only UK hotel collection to have BCorp status Inhabit Hotels

Key advantages and challenges of hotel brand acquisition As rumors fly that Hyatt is pursuing Standard International, hospitality industry pros share how the boutique hotel deal could benefit Hyatt, but also pose obstacles. The hotel industry was abuzz earlier this month after Bloomberg reported that Hyatt is in advanced talks to acquire Standard International.  Despite the circulating reports, both Hyatt and Standard International have yet to confirm the potential deal. Industry experts, though, shared with Hotel Dive that they’re not surprised talks may be underway, as the deal would help grow Hyatt’s portfolio and loyalty membership.  Read more at: https://lnkd.in/e7UK9XrA #hotel #travelindustry #allsuitehotel #extendedstayhotel #hotelmanagement #hoteliers #hotelmanagement

1031 Exchange for Hotels | Devash Ragha and King Jeremiah | The Hotel Insider Today Devash Ragha and King Jeremiah of NewGen Advisory Associate will breakdown the 1031 exchange and what it can do to help you sell your hotel faster. Special thanks to Girish Patel Dinesh Rama Kyle Walker Suraj Bhakta David Bowman Ryan J. Bodine Andrew Post Stephen Dietrich Tim Post Jigar "Jay" Desai and Kishan Gohel Full video in comments #hotelbusiness #hotelindustry #hotelier

2023 was a landmark year for the hospitality sector, with hotel transaction volume reaching approximately US$ 421 million, which is five times higher compared to 2022.   In a recent conversation with BW HOTELIER, Jaideep Dang shared his perspective on the resilience and resurgence of the hotel industry. He discussed how this growth momentum can be sustained, anticipated the future outlook, and highlighted new areas of opportunities for the hospitality industry.   #Hospitality #Hotels #IndiaRealEstate

Here are some key benefits of Hotel Membership Program for hotel : ✔ Increases Hotel Footfall ✔ Enhances Guest Loyalty ✔ Zero Investments ✔ Generate High Revenue ✔ Long- Term Growth #skydrivehospitality #hospitality #hotels #footfalls #highrevenue #loyaltyprogram

Hospitality Exchange kicked off yesterday and our Project Director Roisin McKee attended. An amazing line-up of speakers explored the exciting theme of automation vs personalisation. 💡 Key takeaways: 🔸 Balance tech and personal touch: The future blends technology with meaningful human connections. 🔹AI for routine tasks: Let AI handle the mundane, so your team can focus on delivering exceptional guest experiences. 🔸 Consumer trends matter: Guests crave personalised service, seamless tech, and unique, memorable moments across all channels. 🔹 Enhance guest experience: Strive for continuous improvement, making every guest interaction better than the last. 🔸Boost creativity with AI: Leverage AI to inspire and elevate your creative strategies. 🔹 Develop future leaders: Focus on self-leadership, trust, ethics and a clear vision. 🔸 Emphasise emotional intelligence: Equip your team with emotional intelligence skills to meet future demands. 🎉 A huge congratulations to all the Rising Stars recognised today for shaping the future of hospitality! 🌟 #HospitalityExchange #FutureOfHospitality #RisingStars

Many hotel owners have ideas that can improve the state of the hospitality industry. It is important to empower hoteliers to ensure these ideas are brought to life. #OldBridgeNJ #ReformLodging #HotelIndustry #HotelOwners

"Transformation of Outdated Las Vegas Hotel into W Hotel by MGM and Marriott" Read the full article below..

The Secret to Successful Hotel Investing: Sticking with Top Hospitality Brands Discover the key to risk-free hotel investing as we delve into the importance of choosing the best brands within the hospitality industry. Gain insights from our expert and learn how Marriott, Hilton, and IHG can guarantee successful returns. #HotelInvesting #HospitalityIndustry #Marriott #Hilton #IHG #FranchiseCompanies #TopBrands #HotelInvestmentTips #RiskFreeInvesting #SuccessfulReturns

Economy Hotel Market | Rip Patel | The Hotel Insider Today we have Rip Patel the VP of Development at G6 Hospitality giving you the inside scoop on how things are changing in the economy hotel market and what we can look forward to in 2024. Full video in the comments #hotelbusiness #hotelindustry #hotelier