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Opinion Articles

Opinion Article Sales & Marketing

The Mille Club: Exploring SoCal Luxury at El Encanto, a Belmond Hotel

A quick jaunt up the coast for Angelenos or anyone else in Southern California (SoCal) is the picturesque haven of Santa Barbara with its never-ending white sand beaches surrounded by trendy restaurants and beachfront accommodations. But drive a few minutes up the city’s hills, and you will reach the El Encanto, a secluded, 7.5-acre oasis of verdant gardens tucked into the upper reaches. Here, a serene presence contrasts the endless hubbub of cars, people, boats, and related commercial activities.

Larry MogelonskyAdam Mogelonsky
By Larry Mogelonsky and Adam Mogelonsky
Santa Barbara, California, United States
Opinion Article Human Resources

Navigating Labor Cost Challenges in Hospitality: Turning a Court Ruling Into Strategic Action

The recent ruling by a Texas federal judge to vacate the Department of Labor’s (DOL) overtime rule sent shockwaves through the hospitality industry. The proposed salary threshold increase would have expanded overtime eligibility to approximately 3.6 million lower-paid salaried workers across industries, many of whom are employed in hospitality. While this decision provides temporary relief, it also opens the door for deeper introspection and strategic action.

Corey McCarthy
By Corey McCarthy, Chief Marketing Office (CMO), Unifocus
United States
Opinion Article Markets & Performance

Stability, Revitalization, and Growth: A Look at Kansas City’s Three Prominent Submarkets

Downtown Kansas City and the Country Club Plaza are established submarkets in Kansas City, each with strong demand generators and numerous hotels, while Village West is a growing submarket with a strong pipeline of development. While these markets are all in different economic stages, the outlook is optimistic for all three.

Benjamin Giebler
By Benjamin Giebler, Project Manager, St. Louis, HVS
Kansas City, Missouri, United States
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Radical Innovation Hospitality TECHNOLOGY

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Opinion Article Markets & Performance

Minneapolis-St. Paul Hotel Market Moves Toward a New Normal

Hard hit by a multitude of factors during the pandemic, the Twin Cities hotel market has experienced significant fluctuations in supply, demand, and operating performance. Signs of resilience are evident in the year-to-date trends, as the hotel market adjusts to supply changes and a different demand mix.

Tanya Pierson
By Tanya Pierson, MAI, Managing Director at HVS Minneapolis, HVS
Minnesota, United States
Opinion Article Wellness & Wellbeing

Thoughtful Sleep Program Setup at the Deer Path Inn as an Example for All Independent Hotels

Sleep tourism may be a relatively new buzz term, but for hospitality it isn’t really anything novel; it’s an extension and more deliberate expansion of what hotels aim to achieve each and every night. After all, one of the hallmarks of guest satisfaction, and a core part of any hotelier’s duty of care, is whether or not the guest slept well. Knowing this principle, leading brands are engaged in an arms race of sorts to meet the increasing cultural appreciation and prioritization for sleep amenities. Often lost in this conversation, though, are independent hotels.

Larry MogelonskyAdam Mogelonsky
By Larry Mogelonsky and Adam Mogelonsky
Lake Forest, Illinois, United States
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Why Hospitality Net Leads B2B in Hospitality

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Opinion Article Markets & Performance

September 2024 Hotel Industry Outlook: Anticipating Accelerated Growth

Lower inflation, continued job creation, and the anticipated benefits of the recent cut in the federal funds rate provide a foundation for optimism about the U.S. economy. In the lodging sector, as different markets and segments continue to post varying results, we anticipate the overall trend of positive, albeit muted, growth to persist in the near term.

Anne Lloyd-Jones
By Anne Lloyd-Jones, MAI, CRE, Director of Consulting & Valuation Services, National Practice Leader, at HVS New York, HVS
United States
Opinion Article Markets & Performance

Hotel Performance Outlook for Denver: Growth Picking up through 2026

For Denver hotels, the first five months of 2024 were somewhat volatile, with March declines being offset by April gains. This trend can be partially attributed to Easter falling in March this year. After two months of RevPAR declines in Denver in June and July, August was a stellar month for the city’s hotels, with the RevPAR increase nearing 10%. However, the declines in June and July resulted in little growth for the city in the summer of 2024, as overall RevPAR growth through August is less than 0.5%.

Katy Black
By Katy Black, Senior Vice President at HVS Denver, HVS
Denver, Colorado, United States
Opinion Article

Surf Parks Industry Growth and Trends 2024

Surfing is rapidly gaining traction, emerging as one of the fastest-growing water sports globally. According to the Sports and Fitness Industry Association (SFIA), participation in surfing surged by 28.5% in the United States in 2023, with one in every 100 Americans engaging in the sport (SFIA, 2023). The sport’s global appeal is further bolstered by its inclusion in the Tokyo 2021 Olympics and its confirmed presence in the Paris 2024 and Los Angeles 2028 Games. The Olympic spotlight has significantly increased surfing’s visibility. For example, Brazilian surfer Italo Ferreira, who won the gold medal in Tokyo, saw his social media following grow by 1.3 million, showcasing how elite performances can elevate the sport’s profile and attract new enthusiasts.

Stephen Szczygiel
By Stephen Szczygiel, Senior Associate, Hotel & Leisure Advisors (H&LA)
United States