industry insights - 31 03 2020
In the ultimate gesture of hospitality, hotels across the world have been doing their part in helping contain the spread of Covid-19. The offer of beds to cities and hospitals can be a “win-win” situation for our healthcare systems that are stretched thin, as well as for the hotel industry that is suffering mightily in this crisis. Liability, workers’ health, and compensation structures are challenging – and getting sorted very quickly through a growing network of industry partners.
PKF hotelexperts in conversation with... - 30 03 2020
Nils Heckscher chats to colleagues from around the globe and players throughout the tourism industry:
“We chat about personal situations and best practice in these challenging times of Covid-19 and what could be happening when this is all over.”
Today: Philipp Mosimann – Managing Director of Mosimann’s London
industry insights - 06 02 2020
Channing Henry, Managing Director – USA, PKF hotelexperts, spoke on the panel: Development Track: Strategy in an Ever Shifting Landscape at ALIS on 28 January 2020 at the JW Marriott in Los Angeles. Panellists Don Hansen, CEO, Regents Capital Group: Brad LeBlanc, Chief Development Officer, BW Hotels and Resorts; Richard Rozycki, SVP, Z Modular; and the moderator Raj Chandani, Chief Development Officer, WATG, had a lively discussion covering the latest trends and headwinds to impact the global development landscape from glamping to Modular Construction to creative financing for FF&E.
articles & publications - 28 01 2020
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.