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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

Released during this weeks Americas Lodging Investment Summit (ALIS) in Los Angeles, California, the report highlights the industry’s resilience and potential for growth as it adapts to evolving travel patterns and consumer preferences. Through November 2024, global hotel demand reached a staggering 4.8

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Inside the ultra-exclusive Velaa Private Island resort in the Maldives

Hotel Management

Forever challenging its own standard of excellence, Velaa Private Island will close for a month in September for a complete renovation of The Kids Club, known as “Lha Velaa”, or “Little Turtle” in Dhivehi. Inspired by the owners daughter’s imagination, the new area will bring everything a child could wish for.

Resorts 261
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Analysis: what investors want in South East Asia, according to JLL’s APAC chief

Hotel Management

Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience. Investment volume is expected at THB9-10 billion, close to the 10-year average volume of THB11.7

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Osborn House expands to 27 keys with addition of five luxury lodges

Hotel Management

Mason determined that an additional five rooms and the increased guest capacity would support the business to increase spa revenue by up to 30% and enter the all-inclusive segment, filling a gap in the market left by the (currently closed) One and Only Wolgan Valley resort.

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5 Ways You Can Win Faster with Gen AI in Sales

Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations. This frees up valuable time for sellers to focus more on building relationships and closing deals.