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3 Reasons Airbnb Won't Destroy Hotel REITs

If you're willing to bet against the herd, there's a big opportunity brewing in the hotel industry. The rise of Airbnb, from a little-known website that allows people to list and rent their homes into a global brand with a current value of $25 billion, has been a major catalyst in spooking investors away from some intriguing companies. 

ADVICE: How can hotels utilise social media to their best effect?

For many who are not part of generation Y, the social media revolution can feel like it has passed them by. But now that it is a staple ingredient in the modern marketing mix, there’s no excuse for being in the dark. We asked JULIAN VAUGHAN to shed some light on this dark art and how it can be deployed in hotel marketing.

Not so long ago the likes of Facebook and Instagram were just a vision in the minds of the forward thinking. These days they are used worldwide and form part of our rhetoric. It should also form part of your marketing strategy.

Challenges keep ‘old’ GM feeling young

An expert in sales, American hotelier Jimmy Hideyuki Boyles certainly knows how to pitch his product—himself.

The 23-page resumé of the new general manager of Waterfront Pavilion Hotel and Casino highlights his achievements: His last posting as GM for the 407-room Gran Meliá Jakarta that won the TTG Award for Hotel of the Year (2014);  25 years with the Sheraton group; and short stints with Westin and  Marriott hotels including a position as  GM of the JW Marriott Surabaya; postings  in Hawaii, Los Angeles, Florida,  Fiji and Japan, among others.

Blackstone’s $6B Hotel Acquisition: Pancakes or Pot Roast?

What’s Blackstone cooking up with its recently announced deal to buy the real estate investment trust Strategic Hotels & Resorts and its portfolio of 17 grand hotels? In recent memory, it has used two recipes in strategic commercial real estate acquisitions—call them “the pancake” and “the pot roast.” Which one is it warming up here? In particular, will these luxury properties be flipped as quickly as pancakes at a (hotel) breakfast or, like a pot roast, cooked long and slow, until they are ready to come out of the oven?

Interview with Tanay Adıgüzel - Avantgarde Hotel Istanbul

Combining cutting-edge technology with modern arts, Avantgarde Collection consists of hotel, catering and restaurant chains. The elegant and select destinations comprising our brand are Avantgarde Levent, Avantgarde Taksim and Avantgarde Collection Taksim Square in Istanbul, which is the newest member of the family that stands out with its design, and Avantgarde Yalıkavak Hotel in Bodrum as well as Avantgarde Catering, Mejor Costa Bar & Lounge with its joyful atmosphere along a private beach, and Avantgarde Ace Restaurant & Lounge making a difference with its unique offers selected from Turkish and world cuisines.

The psychology of gifts – a practical guide for hotels

Hotels looking to increase their gift voucher and upsell revenues should take a look at some of the research around the psychology of giving and receiving gifts.

Understanding why we give is interesting, but how can hotels potentially increase gift voucher sales by employing some simple psychology?

Here’s five ideas;