*
*
*

PKF hotelexperts group

hospitality & tourism consulting

PKF hotelexperts
up-to-date information for hospitality professionals

20 10 2020

The Hospitality Industry – Where Do We Go From Here?

Owners and/or operators of hotels and restaurants are facing unprecedented times. With the current state of the COVID-19 pandemic, it is not difficult to imagine that the economic impact could linger on for several more months and potentially years to come. Although hotel and restaurant sectors are hoping for a vaccine to cure economic ills, a recent Gallup poll showed that 35% of the U.S. population would opt not to take it, which would further delay the recovery.

24 09 2020

Let’s talk about solutions!

The health crisis has forced us all to innovate, and to bring many of these events online, but we are strong believers that the hotel industry will recover and it is our wish to get back to in person meetings as soon as it is safe to do so. Hoteliers and event organisers need to demonstrate to their guests that the benefits of travel and face to face meetings outweigh the risks. In this interview with Friedhelm Koch a veteran expert in air conditioning, filtration and ventilation, we learn what one of our industry partners has done to help protect hotels and their guests from an airborne particle such as Corona Virus.

27 08 2020

The Business Evolution of Glamping

The glamping industry has emerged as an unlikely hero to provide socially distant getaways and family vacations during the current pandemic, but this sector of the hospitality industry has been evolving organically and creatively under independent operations for the last 10+ years. It is maturing under a variety of brands, product types, business models, and online networks. Institutional investment is taking note, alongside a meaningful uptick in traveler demand.

29 07 2020

Disruption in the MICE industry: The challenges caused by COVID-19

While hotels and other tourism sectors slowly show signs of recovery, COVID-19 has perhaps taken the largest toll on the MICE industry which is expected to show even a more tempered come-back. The present crisis will also change how this industry works and conducts its business. In collaboration with Toleranca Marketing and based on various surveys they have conducted between March to June 2020, we take a brief and critical look at what the new normal will be for the MICE industry.

23 06 2020

Italian Hotel industry valuation estimates 2019

The new report by PKF hotelexperts, World Capital, and CONFINDUSTRIA ALBERGHI is available

20 05 2020

Hospitality Today – From Medical Crisis to Reopening

Now more than two months after the Coronavirus pandemic caused businesses to shutter amidst shelter-in-place orders across the world, the hotel industry continues to be on the front lines of this crisis. Wildly beleaguered by the immediate cessation of travel and notably of service in the public health efforts to slow the spread of the virus, as we outlined in the PKF hotelexperts March newsletter, hospitality continues to navigate a complex set of factors.

28 01 2020

Branded residences – fad or fact?

As cap rates remain low due to record interest rates and IRRs are driven down by increased labor and construction costs, developers are reviving the controversial but lucrative model of the branded residences to boost returns. Though branded residences are not a new idea to the hospitality sector, the ever-increasing bid-ask spread combined with the longest growth cycle in the hotel industry, has created a need for owners to review this once gray area of the market. Baron Ah Moo, Managing Director of PKF hotelexperts in the US, provides a concise overview of this sector of the market.

17 12 2019

The rise of co-living

Many people associate co-living with their student life and the traditional way of sharing flats or rooms. However, nowadays co-living concepts have a much broader meaning as the purpose is to create a home environment that cultivates collaboration and creates a community amongst its short- or long-term residents. Read further and discover more about co-living concepts including the 3Cs principle.

15 10 2019

MIPIM UK Sustainability Whitepaper: the impact of sustainable practices on the financial statement of a hotel

With younger generations becoming increasingly vocal about their concerns for their future on planet earth, sustainability has become a topic of frequent and intense discussion. Positively, these conversations have led to new initiatives, reinforced legislations and product innovations in most industries, all intended to improve the current state of the world we live in.

contact us

for more information about how we may assist you as well as recruitment opportunities

* *
*