Wellness & Wellbeing

Wellness Real Estate Valuation and Finance

As the wellness real estate market continues to accelerate, it seems increasingly clear that wellness and sustainable asset types will become a new class of properties in the market. Whereas these developments have been underway for a while, these assets often have distinct property features that require reconsidering the wide and general framework of conventional financing, valuation methodologies, CAP rate averages, and WACC factors. This article describes an outlook for this new asset class to help identify and unlock wellness and sustainability in hospitality finance.

Crave Interactive Announces Strategic Partnership with Book4Time to Boost Spa Bookings

Crave Interactive, a leading provider of hotel guest experience solutions, is delighted to announce the launch of a multi-platform integration with Book4Time, the premier spa management software provider for hotels and resorts. This innovative partnership aims to enhance the guest experience by promoting and streamlining real-time spa bookings through Crave in-room tablets, AppLess mobile and web solutions.

My $400 Bagel and Cup of Coffee This Morning

This morning, on my way to work, I decided to pick up bagels for the office and a cup of coffee for myself. Arriving five minutes before the bagel store opened, I parked and joined the line behind three people waiting at the door. Within ten minutes, the line behind me had grown to about twenty people. With only two staff members behind the counter, the line moved slowly.

Avani Hotels & Resorts Launches AvaniWell: A New Era of Personalised Wellbeing

Avani Hotels & Resorts, the upscale lifestyle brand of Minor Hotels, launches AvaniWell, the brand’s first wellbeing clinic at Avani+ Hua Hin Resort in Thailand. Beyond the usual spa offering, guests are invited to discover what wellbeing means to them with guidance from AvaniWell’s team of experts. From Traditional Thai Medicine and physiotherapy to Reformer Pilates and healthy dining, AvaniWell provides wellness “à la carte”, designed to kick-start healthy habits through weekend resets, serene staycations and weekly wellbeing programmes.