News

The restaurant opened its doors in 2009 with an Art-Deco style in the heart of Brussels. It had 120 seats and a bar in the middle of the restaurant with 20 more seats and direct access from the street.

Investors have been waiting in the wings of the hotel sector since the start of the pandemic, certain that there would be bargains to be had in the form of distressed assets.

We calls on hoteliers to create their own demand generator to fill rooms during the low seasons and stop blaming a lack of pull factors. Creating your own demand allows you to take back control of your business and limit your reliance on external factors, which can vary your rates and occupancy.

Alex Sogno, CEO, Global Asset Solutions, looks at the growing need for knowledgeable asset managers this budget season, as the appetite for luxury brands builds.

Global Asset Solutions looks ahead to a year of growing hotel transactions as the cash crunch eases.

The hotel sector is moving into the mainstream as an asset class and if investors want to maximise their profits, they must also maximise the knowledge at their disposal, with the help of a specialist asset manager.

Accor’s decision to split luxury from the rest of its estate is an acknowledgement of the differences between the different hotel segments and the specialist knowledge required to operate them.

The growth of franchising has moved the global branded operators further away from operations and deeper intro distribution, something which may increase their value.

The elephant in the room is debt: it represents a threat for existing owners, but an opportunity for investors looking to get into the sector.

Global Asset Solutions has launched an online training course with external accreditation which will support the growing demand for hotel asset management.

Asset management is about more than the beds in a hotel, it’s about getting the best out of the whole asset.

Italy has taken measures to support the growth of the hotel sector and the result has been an increase in luxury brands entering the market.

Dubai’s reputation as a global leader in luxury hospitality has continued to grow since the end of the pandemic restrictions.

Qatar is estimated to have spent $220bn on the World Cup, but it views the money as a way to market the destination to future guests.