As more Americans are vaccinated, expect certain segments to recover faster over the next 90 days, according to John Chang, senior vice president and director of research services at Marcus & Millichap. “The property types that will see the impact fastest are hotels and retail, particularly sit-down restaurants, entertainment, venues and service retailers,” Chang said in a recent video. “But...
Investors with a record hoard of money to finance distressed commercial real estate are finding themselves in a tough spot: There’s nowhere to spend it The massive wave of defaults expected after the coronavirus shuttered offices, hotels and stores last year has so far failed to materialize. Now, as the U.S. economy swings from pandemic lows to a vaccine- and...
Kabani Hotel Group is proud to present the continuation of our video mini-series featuring John Lancet, Senior Manager Director, HVS. During the continuation of Kabani Hotel Group's Video Mini-Series, John Lancet discusses where full-service and limited-service hotels are transacting, along with total historic transaction volume for various hotel product types and more... Watch now:
Kabani Hotel Group is proud to present the continuation of our video mini series featuring the CEO of Driftwood Capital, Carlos J. Rodriguez. Watch Video Here
Kabani Hotel Group is proud to present the first part of our video mini series featuring John Chang. Watch Video Here
As a hotelier, you have a lot on your plate. From taking care of your staff and guests to managing your online presence, bills and housekeeping – it’s no easy task. But even so, it is imperative you do not overlook one of the most important things to manage: your hotel revenue. In this article, you will learn what the...
Fundamentally it has been a completely different year from any other - many referring to a "new normal" - bringing a plethora of contrasts to the industry when comparing hospitality to pre-COVID-times. This urges the need to review what trends have come and go, and put any concerns into perspective. Of course, COVID-19 has scrambled things up causing ripples in the hospitality...
A recent study conducted by Expedia Group claimed travelers are 57 percent more likely to book a hotel via an OTA than before the pandemic, as a result of emerging traveler booking motivations such as: To get the best nightly rate (69 percent) To get the best room (40 percent) To compare properties in one location (35 percent) Other motivations include earning...
With the latest forecast by the U.S. Travel Association by Tourism Economics predicting $505 billion in losses globally through the end of 2020, UVD Robots announced its autonomous disinfecting robot is being increasingly deployed within hotels, railways, and airports across the globe. UVD Robots’ mobile, fully autonomous robot integrates UVC light and a large number of disinfection-specialized apps to disinfect against viruses and bacteria...
SAN FRANCISCO—The latest edition of Duetto’s Pulse Report, which tracks key hotel business metrics from August 24-September 6, shows significant increases in performance for the hotel markets of North America, boosted by the Labor Day holiday weekend. This is the first true boost to hotel performance since the COVID-19 pandemic took hold and is a breath of fresh air for...
April 20, 2021
Hotels and Retail Should Recover Faster Than ExpectedApril 20, 2021
Real Estate Investors Desperate to Spend $250 Billion HoardInvestors with a record hoard of money to finance di...
March 16, 2021
2021 Hospitality Investment Outlook Featuring John LancetKabani Hotel Group is proud to present the continuat...
