Blanchard and Calhoun Commercial Division’s Post

The Augusta hotel market, home to 143 properties and around 10,000 rooms, offers unique opportunities for investors and operators. While the average hotel in Augusta has 72 rooms, slightly smaller than the national average of 88 rooms, the market remains steady in several key areas. Here’s a look at the most recent data and trends shaping Augusta’s hospitality sector. https://ow.ly/puG250TOoPh

Kevin M. Davis recently spoke on a market outlook panel at the Hunter Hotel Investment Conference in Atlanta. The panel highlighted the positive expectations and growth prospects in the hospitality industry later this year. Read more insights from the panel here: https://co.jll/3Tmpp7M #JLLHotels #HotelsandHospitality #Hotels #Hospitality

Regular updates to your hotel's amenities and services are key to staying ahead in the competitive hospitality industry. Whether it's modernizing rooms, enhancing guest services, or introducing cutting-edge technology, these improvements can significantly broaden your appeal to guests. How are you planning to innovate and renovate to attract a diverse clientele and keep your hotel at the forefront of excellence? #HotelInnovation #RenovationGoals #HospitalityTrends #StayAhead #GuestExperience #ModernAmenities #ServiceExcellence #CompetitiveEdge #HospitalityIndustry

Regular updates to your hotel's amenities and services are key to staying ahead in the competitive hospitality industry. Whether it's modernizing rooms, enhancing guest services, or introducing cutting-edge technology, these improvements can significantly broaden your appeal to guests. How are you planning to innovate and renovate to attract a diverse clientele and keep your hotel at the forefront of excellence? #HotelInnovation #RenovationGoals #HospitalityTrends #StayAhead #GuestExperience #ModernAmenities #ServiceExcellence #CompetitiveEdge #HospitalityIndustry

The lastest AP Hospitality Newsletter features Collective Hospitality's acquisition of Selina and other hotel transactions in Asia Pacific. Besides, it also looks into the question - "Are Chinese travellers back?" Click the link below to read more! #hotel #hospitality #newsletter

A hotel with a high rating and numerous positive reviews is more attractive to potential guests than a similar hotel with poor or no reviews. Gaining a competitive edge through review management can lead to increased occupancy rates and revenue. #onlinereviews #reviewmanagement #hotel

DOWNLOAD NOW!!! Sponsored by Kings III Emergency Communications, this report explores key factors affecting guest experience and how they relate to emergency communications. #HotelBusiness Click here to download: https://lnkd.in/dGtTVrpm #hotels #hotelindustry #hotelnews #hospitality #hospitalityindustry #hospitalitynews #hoteltechnlogy #hoteltech

At the New York University 46th Annual International Hospitality Industry Investment Conference last week, David Duncan sat down with Christina Trauthwein with Hotel Business Magazine to share valuable perspectives on the future of lifestyle hotels. David highlighted First Hospitality's growth, the evolving preferences of today's guests, and the innovative approaches we are taking to meet guests needs all while keeping the importance of creating unique, personalized experiences top of mind.    Watch the full interview here: https://bit.ly/4em0Em0

First signs of recovery in the German hotel investment market The hotel transaction volume in Q1 2024 totalled EUR 260 million—an increase of 30% compared to the previous year. While this is a good sign of hotel investment restarting, the increase was largely due to the sale of the 5-star hotel "Hotel de Rome" in Berlin. There were only five further hotel transactions above EUR 5 million. The activity is expected to pick up further in the second half of the year, with several notable deals in progress, underpinned by the narrowing gap between buyer and seller expectations and stabilizing interest rates. To know more read the full update or contact Josef Filser https://lnkd.in/dw3F6E_Y #HotelRealestate, #HotelInvestment #CWHospitality

There will be a significant reduction in the number of hotel rooms on the #LasVegasStrip this year. However, an impact on hotel performance isn't expected. Big swings in hotel additions and closures/demolitions are not uncommon in this destination. Thank you, Michael Petrivelli, for including insights on the impact of the closures on retail. #hotelpipeline #hotelconstruction #LasVegas