The Gulf Cooperation Council region in the Middle East presents a unique and complex landscape for hotel investment.
To get your department managers to play ball with their numbers in your hotel, you need a system they can follow, a sort of roadmap they can use to stay on track every month. Teach them this, and you will have an engaged team that buys into playing their financial part. It's not magic, but the results are MAGICAL if applied consistently.
At the recent annual meeting of Cayuga Hospitality Consultants, we brought together a panel of experts to discuss the state of transactions and development in the hotel industry. Here is a look into some of the key topics and points from the panel.
I discuss this question with hoteliers way too often. It’s not their fault, but the reality is they don’t understand what this statement means and, in this piece, I’m going to lay it out for you. I will say that the lack of understanding and basic ignorance of this is a costly and completely avoidable expense if you just do a little digging and ask the right questions.
As we all continue to find our footing in today’s market, we remain encouraged by the level of interest we have seen from offshore capital looking to invest in U.S. hotel assets, with the driving factors being their search for yield, stability, and growth.
One of the most important events in the hospitality industry occurred this summer at HITEC. HFTP (Hospitality Financial and Technical Professionals) published the highly anticipated Uniform System of Accounts for the Lodging Industry – 12th Revised Edition.
Orbite, the premier space training and operations company for space explorers, announced the completion of its $4 million Series A funding round, backed by both existing and new investors. The new funding will allow Orbite to scale its operations, boost sales and marketing efforts, and advance pre-development for its inaugural Spaceflight Gateway Campus. The company also revealed a strategic partnership with Accor, one of the world’s leading hospitality companies, to support the development and operation of Orbite’s Spaceflight Gateway campus and its plans for international expansion.
Hospitality Financial and Technology Professionals (HFTP®) has introduced a new program to identify authorized providers of software products and services which use elements from the Uniform System of Accounts for the Lodging Industry (USALI™), a guidance for standardized industry financial reporting and analysis. HFTP has recently released the USALI 12th Revised Edition, which has a focus on increased reporting transparency. The mandatory adoption date for this edition is January 1, 2026; however, companies that choose to do so may adopt sooner.
There are lots of trends in current hotel development worth covering, but many of them can best to described by analyzing one specific project to see how the developers and owners are applying this trend on the ground and in a practical manner. The one word to wrap your head around for this is ‘flexibility’ wherein developers are looking to adapt room configurations, onsite facilities and ongoing operations to better accommodate a wider variety of guest types while simultaneously value-adding their experiences for greater overall folios.
In this article, we discuss moral hazard and regulatory measures, such as capital requirements, to stave off a banking crisis. We then introduce a model we have developed where we analyze the trade-off between competition to attract depositors and cooperation to enhance liquidity. We evaluate different policy tools with the objective of promoting financial stability.
Vision Hotels Acquires Beachcomber Island Resort in Fiji, Ichigo Hotel Makes Two Hotel Acquisitions and One Hotel Sale in Japan, JMF Announces Planned Acquisition of Hotel Under Construction in Kamakura, Japan, Trouville Hotel Sold to Joint Partnership for GBP3 Million in The United Kingdom, Travellers Group Acquires Burnett Riverside Hotel in Bundaberg, Australia.
What could be safer than a Swiss bank? This article takes a deep dive into what Swiss authorities are doing to restore confidence in the country’s banking system. As discussed in a previous article, the Public Liquidity Backstop (PLB) is a measure implemented by the Swiss government to insulate the country’s banking system from a run on its systemically-important banks. Designed prior to the involuntary merger between Credit Suisse and UBS, the PLB will, at long last, go into effect in 2025. Yet, the measure could have unintended consequences that need to be fully considered. So how did Credit Suisse (CS) collapse in the first place?
The new e-invoicing mandate in Germany marks a major shift for hospitality businesses, driven by the European Union’s directive to standardise electronic invoicing in business to business procurement. Designed to streamline processes and reduce administrative burdens across member states, this regulation will affect how invoices are issued, processed, and archived—bringing both challenges and exciting opportunities for the hospitality sector. Here's a look at what this shift means and how it can enhance operations and guest experiences.
From property management systems to guest apps and revenue management software, there’s so much out there to help hotels digitise operations that the tech market is overwhelming decision-makers. But what are the three things hoteliers are really looking for in technology today?
Now I bet you’re wondering, excuses for what? Excuses for not jumping in the deep end with the financials in your hotel career. What’s your imagination telling you that’s wrong in your hotel that holds you back from owning your departmental expenses and payroll? What is the magic fairy dust that someone dumped on you that keeps you on the sidelines?
Grande Asset Sells Hyatt Regency Bangkok Sukhumvit for THB5.055 Billion in Thailand, Twenty One Whitfield Hotel Sold for HKD268 Million in Hong Kong, Eight-storey Serviced Apartment Block Sold for HKD160 Million in Hong Kong, Loadstar Capital Acquires Three Hotels in Japan, Singapore’s Changi Airport Invests SGD3 Billion in Upgrades.
Lighthouse, the leading commercial intelligence platform for the travel & hospitality industry, today announced an approximately $370 million growth investment led by global investment firm, KKR. This investment accelerates Lighthouse's mission to reimagine commercial strategy for the $15 billion travel & hospitality technology market. Proceeds from the investment will be used to drive continued product innovation across Lighthouse's platform, strategic acquisitions, and global expansion efforts.
Major cities in the Southeast like Charleston, Atlanta, Savannah, and Raleigh-Durham remain strong hotel investment markets due to their thriving tourism, growing business hubs, and strategic locations. Enhanced financing options are expected to boost transaction volumes. Significant construction pipelines and improving economic conditions highlight the region's long-term resilience and investment appeal.
Ownership and influential stakeholders are entitled to make changes to hotel projects. It’s their dream and foresight that you are delivering.
Hoteliers are starting to realise that room rates alone can’t drive the profits they need. As many reach a ceiling when it comes to average daily rates (ADR), there’s a question mark hanging over how to boost the bottom line. It has to come from other revenue streams, but many are struggling to make this work. Here’s a closer look at where the opportunities lie.