Hospitality Net

DECEMBER 5, 2024

The new funding will allow Orbite to scale its operations, boost sales and marketing efforts, and advance pre-development for its inaugural Spaceflight Gateway Campus.

Closing 246

Closing Scale Operations Sales 246

Anthony Iannarino

OCTOBER 13, 2019

The application of technology to, well, everything, is driven by the idea of speed, scale, and predictability. Scaling the Unscalable. The first is super-transactional, where scale means eliminating friction, including price. There are three variables necessary to scale the unscalable: Trust, Value, and Caring.

Scale 104

Scale Sales Closing Sales Process 104

Hotel Management

JANUARY 30, 2024

The Sebel Palm Cove “By selling the business to a trusted and proven operator with significant scale, we will be able to grow the business and continue to drive outstanding hospitality experiences for Accor Vacation Club members.” The acquisition creates a new line of business for Travel and Leisure Co.

Travel 279

Travel Scale Intent Business 279

Hotel Management

OCTOBER 3, 2023

Since the pandemic, when various hotels were temporarily closed down for extended periods, financiers have begun to place increased scrutiny on hotel management agreements, while revealing an increased appetite to finance new hotel projects with proven operators who are prepared to underpin income with a lease structure.

Scale 130

Scale Construction Average Daily Rate Hotels 130

Hotel Management

DECEMBER 19, 2024

We can negotiate large-scale contracts in the owners favour and save a lot of money as a result. At that time, Mercure Sydney was the largest Mercure in the world, so to move that property from an established HMA to a franchise agreement under an independent operator it hadnt been done before in the market, certainly not on that scale.

Closing 130

Closing Hotels Operations Branding 130

Hotel Business

SEPTEMBER 11, 2024

Driftwood Capital has revealed the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio LP, focusing on the acquisition and development of existing and soon-to-break-ground hotel assets along Florida’s Space Coast. With 111 launches expected in 2024, according to Florida Lt.

Closing 99

Closing Scale Resorts Market 99

Hotel Speak

MARCH 15, 2024

Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. The deal is expected to close in the second quarter of 2024, subject to regulatory approvals.

Scale 93

Scale Market Marketing Market Share 93

Hotel Management

MAY 23, 2024

On April 1, the Sunray Singapore-owned hotel closed its doors to commence an full-scale refurbishment project, after which it will reopen as QT Singapore. Since securing the management contract in December 2023, EVT has been operating the hotel at full capacity.

Hotels 264

Hotels Scale Accommodation Closing 264

Hotel Management

OCTOBER 24, 2024

We had a two-speed network, and discrepancy in scaling credibility and scaling luxury,” she said. Chief Operating Officer of Sofitel, Emblems and MGallery, Markus Keller, also has a close connection to the property having served as Front Office Manager at the Wentworth hotel 20 years ago.

Branding 276

Branding Scale Real Estate General Manager 276

Hotel Management

JUNE 18, 2024

The existing product set of resorts and boutique island resorts, enables Fiji to welcome close to 1 million tourists annually, but there is opportunity right across the spectrum – from large-scale resorts to boutique luxury and business and conference hotels. Now is definitely the right time for investment in Fiji.

Tourism 264

Tourism Average Daily Rate Market Marketing 264

Hotel Management

JANUARY 8, 2024

There is tremendous potential for us to further scale Lyf across more hospitality asset classes, whether as a full-service hotel or resort, especially with the growth pace we have seen over the year. Leading the next phase of development and growth of Lyf is Adeline Phua, who has been appointed Managing Lyf Partner.

Average Daily Rate 264

Average Daily Rate Scale Accommodation Branding 264

Hotel Management

OCTOBER 24, 2024

We had a two-speed network, and discrepancy in scaling credibility and scaling luxury,” she said. Chief Operating Officer of Sofitel, Emblems and MGallery, Markus Keller, also has a close connection to the property having served as Front Office Manager at the Wentworth hotel 20 years ago.

Branding 246

Branding Scale Real Estate General Manager 246

Anthony Cole Training

JANUARY 12, 2015

We did another video on Laying the Foundations for the 8 Steps to More Effective Closing so that we can close more business more quickly with higher margins. I can tell you that the best deals I have ever put together and closed were deals where someone almost literally asked me, “Tony, how much do we write the check for?”

Sales 181

Sales Closing Business Scale 181

Hotel Business

JULY 30, 2024

At the close of the second quarter, there are 1,171 projects comprising 147,611 rooms under construction, marking a 10% increase in projects and a 4% increase in rooms YOY. The second largest is the upscale chain scale, which has 1,417 projects/175,343 rooms. The upscale chain scale is forecasted to grow its current supply by 2.2%

Scale 106

Scale Forecasting Pipeline Construction 106

Hotel Business

FEBRUARY 8, 2023

At the Q4 close, projects currently under construction stand at 946 projects/210,559 rooms, up 5% by projects YOY. Projects in early planning reached a record count at Q4, closing the quarter at 640 projects/127,918 rooms, up 20% by projects and 14% by rooms YOY.

Scale 52

Scale Construction Pipeline Closing 52

Hotel Business

NOVEMBER 28, 2022

At the close of the third quarter, projects presently under construction stand at 320 projects/87,149 rooms. Seventy-two percent of its pipeline is concentrated in the three highest chainscales: luxury, upper-upscale and upscale, which typically boasts larger scale projects.

Scale 52

Scale Pipeline Construction Forecasting 52

Hotel Management

JANUARY 9, 2024

While in Philippines, we closed the year with a further two new signings that will launch the Radisson Collection brand in Boracay, and the Radisson Individuals affiliation brand in Bohol. What makes Radisson Red and Radisson Collection suited to this market? What segments are primed for growth in this region?

Pipeline 264

Pipeline Branding Construction Market 264

Hotel Management

SEPTEMBER 25, 2024

We look forward to working closely with Heritage Hotels and the local team to build on their stellar reputation with the continuation of a refurbishment programme across the portfolio,” Ritch said. Adina Citylife Auckland Penthouse Suite The partnership comes as New Zealand’s overseas visitor arrivals climb to 3.22

Global Distribution System 173

Global Distribution System Target Marketing Hotels Forecasting 173

A Sales Guy

MARCH 3, 2014

Do you have or remember the bell or gong that would be rung in the office after someone closed a deal? Do you remember the feeling of accomplishment and excitement when the bell was being rung for you, announcing your most recent closed deal? I give this idea HUGE props on the creativity scale.

Sales Tools 115

Sales Tools Closing B2B Sales 115

Hotel Management

MARCH 21, 2024

Offering harbour views and luxurious height and scale, the executive suites are intended to take guests on a journey of discovery with playful elements layered throughout. The bespoke penthouse suites, inspired by the concept of rest and restoration, have been designed to offer “high-impact experiential moments” for guests.

Intent 147

Intent Scale Accommodation Closing 147

Hotel Business

OCTOBER 28, 2024

At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. LE analysts report that the upper-midscale chain scale continues to have the largest project count in the U.S. This marks a new all-time high for projects in the U.S.,

Pipeline 105

Pipeline Construction Scale Forecasting 105

Hotel Management

JUNE 25, 2024

Soneva Fushi in the Baa Atoll and Soneva Jani in the Noonu Atoll are targeting close to 50% of their energy needs to be generated from photovoltaic (PV) sources in 2024, thanks to the addition of new PV installations, marking a major increase from around 12% at Soneva Fushi previously. “Our

Operations 147

Operations Resorts Scale Closing 147

Hotel Business

MARCH 28, 2024

Less than a mile from Roanoke Blacksburg Regional Airport, these Marriott-branded hotels are close to the Roanoke Valley, the largest metropolitan area in the western region of Virginia. The buyer is a significant regional owner who plans to improve their economies of scale within the growing Roanoke MSA.

Hospitality 104

Hospitality Scale Hotels Closing 104

Hotel Business

MAY 11, 2023

At the close of Q1 2023, the pipeline stands at 546 projects/90,139 rooms, down slightly 3% by projects and 2% by rooms year-over-year (YOY). Early planning is up 11% by projects and 15% by rooms YOY to stand at 160 projects/24,218 rooms at the close of the first quarter.

Construction 52

Construction Pipeline Closing Forecasting 52

Hotel Business

NOVEMBER 8, 2024

At the close of Q3, the total APEC hotel construction pipeline reached new record highs of 2,072 projects and 410,863 rooms, representing year-over-year (YOY) increases of 7% and 3% respectively. The upper-upscale, upscale and upper-midscale chain scales account for 61% of projects and 64% of the rooms in the pipeline.

Pipeline 98

Pipeline Construction Scale Forecasting 98

Hotel Business

APRIL 27, 2023

continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. These two chain scales continue to dominate the pipeline and that is not expected to change anytime soon.

Pipeline 98

Pipeline Construction Scale Closing 98

Hotel Management

APRIL 25, 2024

In recent years, Taylor has worked closely with brands like Standard, Hoxton, Dream, Ryse and East Hotels to establish a presence down under. In 2018, he was responsible for bringing the W brand back to Australia, first via the Brisbane hotel and then with W Melbourne, where he worked directly with the owner Daisho for close to three years.

Closing 130

Closing Branding Scale Market 130

Anthony Iannarino

SEPTEMBER 14, 2019

Recognizing potential when he sees it, said entrepreneur offers to invest in the business to help the young kid scale up his budding enterprise. A Modern Approach to Scale. The entrepreneur tells the kid that the problem is that they are not scaling fast enough, that they need to open more lemonade stands. Essential Reading!

Scale 84

Scale Business Closing Real Estate 84

Hotel Business

JANUARY 31, 2023

markets in close proximity to natural experiences, including national parks, beaches, mountain and ski towns. As we have demonstrated through Graduate Hotels and Marine & Lawn Resorts, we believe our design-forward and vertically integrated approach will position the platform to scale rapidly and capitalize on consumer demand.”

Real Estate 105

Real Estate Consumer Scale Branding 105

Hotel Management

OCTOBER 17, 2023

Construction is underway on the second and final stage of Capella Sydney which will see further development of state-significant heritage-listed buildings to establish larger-scale event and meeting spaces, curated retailers, and signature food and beverage venues.

Construction 147

Construction Retail Scale Tourism 147

A Sales Guy

SEPTEMBER 15, 2016

” If you sell to large scale organizations with long sales cycles, The Challenger Customer is a must. 9) The Perfect Close — James Muir. Have you ever wondered if there were a way to close a deal with out being pushy and obnoxious? Many of you know my thoughts on closing. This book is your answer.

Sales 167

Sales Pipeline Closing Management 167

Hotel Business

APRIL 10, 2023

The SpringHill Suites by Marriott Jacksonville Beach Oceanfront marks our fifth hotel in the Jacksonville area, immediately creating economies of scale and the ability to share best practices with our sister properties,” said Jeff Truhlar, regional VP, operations, Shaner Hotels. Shaner will operate the hotel, owned by Key International.

Real Estate 111

Real Estate Scale Dining Operations 111

Hotel Speak

OCTOBER 10, 2024

The portfolio of midscale hotels is purposely located in the epicentre of their cities and close to mainline rail stations. We aim to bring this expertise into the mid-scale market, driving superior returns for our investors by delivering a differentiated and high-quality experience.”

KPI 86

KPI Real Estate Scale Operations 86

Hotel Management

OCTOBER 8, 2024

Citadines Canal Amsterdam Leading Ascott’s design strategy is Chief Design and Technical Officer, Teng Wui Leong, a Harvard University and National University of Singapore graduate who has been with the business for close to 14 years. “In Japan is another case in point.

Travel 130

Travel Hotels Branding Closing 130

Hotel Management

JUNE 22, 2023

I very much look forward to working closely with the team to further enhance our bespoke hotel experiences and legendary service from the heart and hearts of Hong Kong.” The menu celebrates this really impressive collection of local producers I’ve had the opportunity to get to know,” said Cameron.

General Manager 246

General Manager Dining Management Services 246

Hotel Business

MAY 7, 2024

At the close of Q1 2024, the total hotel construction pipeline in Latin America stands at 604 projects and 100,990 rooms, marking an 11% increase in projects and a 12% increase in rooms year-over-year (YOY).

Construction 64

Construction Pipeline Scale Forecasting 64

Hotel Business

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. Projects in the early planning stage stand at 163 projects/24,403 rooms at the close of the quarter, up 14% and 16% YOY respectively.

Pipeline 64

Pipeline Construction Forecasting Closing 64