Hospitality Hotels and Resorts
These 10 hotels embody environmental sensitivity plus energy and water efficiency.
ULI MEMBER-ONLY CONTENT:After the lockdown phase of late winter and early spring of 2020, global recovery in the hospitality sector has been showing signs of plateauing in recent months. But some segments of the market are faring better than others across Australia, China, and Japan, said a hospitality expert speaking at the ULI Asia Pacific Leadership Convivium, a ULI full member event held virtually in November.
ULI MEMBER–ONLY CONTENT: The pandemic has triggered a bigger decline in hotel and resort revenues (measured by revenue per available room) than the previous five economic crises combined, said panelists speaking on the hotel and resort sector outlook during the 2020 ULI Virtual Fall Meeting.
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ULI MEMBER–ONLY CONTENT: How is the recreational development industry navigating the COVID-19 pandemic and other sea changes of contemporary times?
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ULI Member-only Content: Distinguished placemakers discuss how resort and recreation developments can adapt to consumers’ changing priorities.
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In 2018, Los Angeles-based real estate firm LOWE, sold its hotel operating subsidiary to Hyatt Hotels for $480 million. That kind of exit was not part of some original projection, said Robert “Bob” S. Lowe Sr., the company’s founder and a ULI Foundation Governor, speaking at a ULI event in South Carolinain mid-November.
Companies are increasingly borrowing practices from the hospitality industry in order to attract and retain tenants and residents of all sorts. To address the topic, ULI New York convened a panel titled “The Hotelification of Real Estate,” held in June in Manhattan, featuring a range of experts with specialties spanning commercial, residential, and mixed-use development.
Nashville’s new boutique hotels capitalize on a sometimes bawdy history, art and artifacts—and even a fictional persona.
Nestled in a relatively quiet East Amsterdam neighborhood, a new kind of hotel has been racking up occupancy rates topping 90 percent for the past two years. Zoku is a modern take on the extended-stay hotel, where the visitors stay in fully outfitted micro-hotel rooms of 260 or 320 square feet (24 or 30 sq m) and relax and connect in the common areas on the top floor.
U.S.-based hotel chains continually aim to one-up the competition in order to attract customers—particularly younger ones—to their properties and loyalty programs. Now Hilton is surging ahead with its “Connected Room” concept, which allows guests to personalize and control every aspect of their experience using their smartphones.