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Global Pipeline Insights with Lodging Econometrics' Bruce Ford Nov 21, 2024

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In this bonus episode I chat with Bruce Ford, SVP at Lodging Econometrics, about the latest global pipeline numbers. We're exploring hotel development trends across various regions, including Europe, the Middle East, India, China, and here in the USA. From Romania's emerging market to Israel's active pipeline and the evolving landscape of hotel conversions in Europe and new builds in the Middle East, Bruce provides a comprehensive overview of the current state and future prospects of the global hotel industry. Key Points: • Romania's Growth 🌍: Discussing the significant pipeline growth in Romania, including both resort areas and Bucharest. • Full-Service Projects in Europe 🏨: Insights into new full-service hotel projects across Europe, with notable mentions of Israel's booming pipeline. • Conversion Market Trends 🔄: Exploring the increase in hotel conversions in Europe and how it's becoming a significant trend. • Challenges and Opportunities 🚧: Addressing the complexities of hotel development in diverse regions and the shift towards more third-party management companies. • Middle East Developments 🌟: Highlighting the ambitious hotel projects in the Middle East and the phased approach to building new neighborhoods and city sections. • India's Tourism Boom: Discussing the rapid growth in India's hotel market, with over 600 projects in the pipeline and major global brands entering the market. • China's Unique Market: Insights into China's hotel development, including the challenges during the pandemic and the current state of over 500,000 rooms under construction. • Expanding Asian Markets 🌏: Highlighting the record pipeline outside of China in Asia, with notable developments in Japan, Malaysia, Indonesia, and Vietnam. • Mexico's Hospitality Resilience: Exploring Mexico's strong hospitality market during the pandemic and new developments, including the Tulum Airport and train line boosting tourism and hotel investments. • Southern California's Renaissance 🏨: Insights into the rebranding and development boom in Southern California, particularly Palm Springs. • Impact of Population Shifts 📊: Analysis of how population movements are influencing hotel investments and developments. • Trends in Hotel Conversions 🔄: The rising trend of hotel conversions in various regions to meet new market demands. • 2025 Outlook and Predictions 🔮: Expectations for new construction, deals, renovations, and rebrandings in 2025.

910: Hospitality Update with Chris Green Nov 19, 2024

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Chris Green is back to talk about what he's been up to in retirement, how he's been staying connected to the industry, what he feels 2025 will bring, and more! This is an episode you have to see.

My Place Hotels' Says Secret Sauce is... Nov 19, 2024

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I chatted with Sarah Dinger, EVP of Franchise Operations at My Place Hotels of America during The Hospitality Show! We reveal the secrets behind My Place's empowering work culture, employee retention strategies, and how the brand fosters lasting relationships within their growing team. Thanks to Entegra -- unmatched purchasing, unlimited performance. Explore more at EntegraPS.com Main Takeaways: Retaining Top Talent in Hospitality: Discover how My Place encourages employees to take ownership and stay committed long-term. The Importance of "Why": Sarah explains how showing employees the purpose behind their roles leads to stronger emotional engagement. Building Strong Partnerships: Learn how My Place uses supplier and partner relationships to navigate supply chain challenges. Celebrating Growth and Consistency: Sarah reflects on My Place's growth to 115+ locations and the loyalty of team members who've been there since the beginning. Conference Highlights: Get a behind-the-scenes look at the recently held My Place annual conference, showcasing the brand's strength and future vision. Make sure to like, subscribe, and stay tuned for more industry insights every week! 💡 Subscribe for more insights on hospitality and hotel trends! Text HOTEL to 66866 for our newsletter hashtag#HospitalityPodcast hashtag#MyPlaceHotels hashtag#EmployeeEngagement hashtag#HospitalityLeadership hashtag#TeamCulture hashtag#FranchiseSuccess hashtag#podcast

FNA 157: Anna Is Seeing Blue Nov 17, 2024

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Anna Blue is President of the American Hotel & Lodging Foundation where she's a change agent of good. However, she's appraently prone to poor decision making once she realizes what she's done by joining Glenn, Craig and Producer Dave for this week's Friday Night Audit.

909: Best Western Soft Brand Report Nov 14, 2024

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Big show today as we have Brad LeBlanc, Chief Development Officer and Amy Hulbert, VP, Boutique and Upscale Brands of BWH Hotels. We're talking soft brand development and more!

How Choice Hotels is Growing Extended Stay Business Nov 13, 2024

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In this episode, Matt McElhare, VP of Extended Stay at Choice Hotels International Hotels, shares exciting insights on the rapid growth of the extended stay segment.

From reaching the milestone of 500 extended stay hotels to discussing the brand's innovative strategies, Matt highlights the future of this booming hospitality sector.

🔑 Key Highlights:

500th Extended Stay Opening: How Choice Hotels has scaled from 100 to 500 extended stay properties since 2018.

Growth Driven by Woodspring Suites: Insights into the acquisition of Woodspring and its role in driving rapid expansion.

Four Extended Stay Brands: Everhome Suites, Woodspring Suites, MainStay Suburban, and Suburban — each with a unique market strategy.

Reinventing Suburban & MainStay Brands: How Choice Hotels is revitalizing these brands with new strategies like the "kitchen in a box" and "lobby in a box" models.

Everhome's Market Opportunity: A look into Everhome's focus on the high-potential midscale segment of extended stay hotels.

Extended Stay Conversions: Choice Hotels' approach to converting select service hotels into extended stay properties for quicker market entry and increased profitability.

Impact of Interest Rates & Financing: Matt shares insights on how interest rate cuts and proven product performance are helping developers secure financing and grow in the extended stay space.

The Future of Extended Stay: With 400 more hotels in the pipeline, Choice Hotels plans to continue its aggressive expansion strategy.

🎧 Listen to the full conversation to learn why extended stay is the hottest segment in hospitality today!

📌 Subscribe for more expert insights into hospitality trends and real estate development. Text Hotel to 66866 to get our newsletter.

908: End of Year Expectations and 2025 Outlook with Ashford's Bennett Nov 12, 2024

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Monty Bennett, Founder and CEO of Ashford Inc, joins us to talk about what his expectations are for the last 6 weeks of 2024 as holiday season approaches. 2025 is fast approaching and with a lot of uncertainty behind us following the election, what is the outlook for current operating hotels as well as the transaction markets?

Transforming Hospitality: How Macrotech's AI Solutions Are Revolutionizing Hotels 🚀🏨 Nov 12, 2024

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Today I am chatting with Ankit Panchal from Macrotech, he's a seasoned hotelier who's managed multiple properties. We're focused on how Macrotech is pushing innovation in the hotel industry with advanced AI-driven solutions, from keyless entry systems to efficient front desk operations. • AI-Driven Innovation: Learn how Macrotech's AI solutions are enhancing the guest experience and operational efficiency. • Sustainable Smart Locks: Discover the keyless lock system with QR code functionality, saving $700+ monthly on key replacements and reducing plastic waste. • Live Monitoring for Hoteliers: Macrotech's smart locks and Wi-Fi solutions provide real-time access for property managers, enhancing security and guest satisfaction. • Plug & Play Wi-Fi: Streamlined installation and live connectivity tracking make Wi-Fi management seamless. • ID Scanners with OCR: Speed up check-in with optical character recognition, eliminating tedious manual data entry. • AI-Enhanced Phone System: Handle guest requests and FAQs with virtual agents, freeing staff to focus on personal guest interactions. • Interactive Check-in Kiosks: Offer self-check-in options while still connecting guests to live support for a smooth, friction-free experience. Dive into the ways Macrotech is reshaping the hospitality landscape and the exciting potential AI holds for the future of hotels. 🌍✨

How Curator Hotels is Empowering Independent Hotels to Compete Nov 11, 2024

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We're on the tradeshow floor of The Hospitality Show where I interview Jennifer Barnwell, President of Curator Hotels. Discover how Curator is revolutionizing the independent hotel space by empowering boutique and independent hotels to compete with larger brands and OTAs. Jennifer shares insights on Curator's journey, industry challenges, and the exciting future of independent hotels.

Thanks to Entegra -- unmatched purchasing, unlimited performance. Explore more at EntegraPS.com

In this episode:

The Power of Curator: How Curator unites boutique hotels to create leverage, reduce costs, and improve visibility.
Marketing Advantage: Why Curator's marketing solutions amplify exposure and boost bookings for independent hotels.
Four-Year Journey: Jennifer reflects on personal growth, public speaking, and newfound skills during her time with Curator.
Future of Independent Hotels: Hear Jennifer's thoughts on the resilience and innovation driving boutique and independent hotel growth.
Inspiring Entrepreneurial Spirit: Why the independent hotel market will continue thriving despite brand consolidation.

💡 Subscribe for more insights on hospitality and hotel trends! Text HOTEL to 66866 for our newsletter

#CuratorHotels #IndependentHotels #HospitalityIndustry #HotelMarketing #BoutiqueHotels #HospitalityShow #JenniferBarnwell #GlennHaussman #HotelManagement

907: Bringing Groundbreaking Ideas to Life Nov 09, 2024

Show notes

Michael Koch, Co-Founder and CEO of The Michael Koch Group, joins to talk about how his company is changing the real estate landscape through cutting-edge physical and digital experiences. They've created spaces such as Apple Stores and Ritz-Carltons.

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