The latest 2012 European Hotel Transactions report, published annually by HVS London, notes that activity during 2012 involved some 101 transactions (of more than €7.5 million per property) with 301 hotels and more than 39,000 rooms. Although total volume was above the 2009 trough of €2 billion, it remains below the 10 year average of €9.5 billion since 2002.
Three Things You Can Learn From Your Not-So-Dream Job
By Jen Hubley Luckwaldt: Given our druthers, most of us would prefer to toil away at a job we love. It's why we racked up all those student loan debts in the first place, after all. But the majority of workers will still have to do some time at gigs that aren't exactly our dream jobs. Here's why that's not such a bad thing.
TripAdvisor Users Rate the Best U.S. and World Beaches
By Kitty Yancey: Which state boasts the best beaches? Hawaii has the No. 1, but the answer is Florida, according to the top 25 in TripAdvisor's 2013 Travelers' Choice Beaches Awards, announced today.
Marriott Pairs with IKEA for Its First Budget Hotels
Marriott International has moved into the economy hotel market, teaming up with IKEA's real estate arm to launch a new European chain for travellers seeking style on a budget.
Reflecting on the Year of the Snake: What the Chinese New Year Predicts for Your Hotel
By Larry Mogelonsky, MBA, P. Eng: As hoteliers, we strive to create an environment for our consumers that is the opposite of what the serpent's facade embodies. And yet, there are still many traits of the snake which can be applied to your business to generate positive results. Perhaps the Year of the Snake, even with all the negative connotations, will prove to your year to shine!
London Boutique Hotels Round-Up February 2013
By Saloni: With Valentine's Day behind us and Easter just round the corner, London's boutique hotels have been continuing to develop their offerings in a bid to pull in the guests over the coming months.
Hotels Lead The Way In Green Revolution
By Jennifer James: Rising energy costs across the globe make it crucial for the hotel industry to address the issue of energy consumption and proactively manage energy budgets.
Is Your Future Hotel Key Already In Your Pocket?
Many new generation hoteliers – especially those building new properties – are contemplating implementing a new generation of door-lock technologies.
Ping Pong Anyone? Hotels Embrace Rec Rooms in Digital Age
By Barbara De Lollis: What would it take for a digital-obsessed traveler to abandon their iPad? How about an old-school Pac-Man arcade game, a green-topped ping-pong table or a spirited game of football?
Give What You Can With What You Have
By Bryan K. Williams: There is so much to be said for attentiveness, warmth, and competency. Those three elements have the potential to turn any experience into a 5-star event. As I've noted previously, a 5-star experience is not necessarily about having luxurious surroundings. I have experienced world-class service in some of the most unlikely places. That, to me, is the most inspiring part of all. Anyone, in any setting, in any industry CAN provide a memorable service experience (if they really want to).
