Is it a good time to invest in hotels?
Many hotel companies will put part of their assets up for sale. As Laura Hernando , Managing Director of the Colliers International hotels department said : "There will be access to hotels that, without a pandemic, the owners probably would not have considered selling." In the case of Riu Hotels, there were three hotels in Spain, Portugal and Panama. The NH chain is another that emerges from its subsidiaries in Mexico and the Dominican Republic.
Technology becomes key to the real estate business
Building structures have evolved according to the needs that human beings have created for themselves. They have been more or less sophisticated, depending on the technologies available at the time and the purchasing power of people to include them in their living spaces. Each of these aspects is associated with technology to create more advanced and comfortable homes.
Business trends post COVID-19
During COVID19, many companies and businesses closed their doors. However, it is clear that it has been a year of reinventing ourselves, adapting to a new normal of making business, identifying new entrepreneurial opportunities and new innovative trends that have changed the course of many business models that lead the world.
Invest in technology: more relevant to the hospitality industry
Digital transformation has accelerated due to the COVID-19 pandemic. We have no doubt about that. Therefore, investment in technology gains weight in business strategies and budgets, regardless of the size of the company. Even for the smallest, incorporating technologies into your management can make the difference between surviving and getting ahead or disappearing. In the case of hospitality, digitization of processes in areas such as reservations, finance and marketing, had been gradually ascending. In the first case, for example, the irruption in the tourism sector of technological intermediation platforms for the purchase of vacations, and even for bookings of business trips, for example, forced companies to rethink the fare management with very different tools compared to those which had been used before. The direct -or through agency- purchase model had given way to clicking from a mobile device to reserve a room, an airplane seat or a complete vacation. The pandemic, so damaging for the hospitality industry, has increased our need for security and our digital lives. And that's going to stay that way after it is ended. For example, contact less habit will stay forever. We will continue to want to avoid touching anything that is not essential and this, for example,
Big Ideas to survive challenging times
Restaurateurs around the world are doing extraordinarily creative things to survive during the pandemic.
Soon reservations may not be so easy to get
Tragically, some iconic restaurants have closed for good over the past year. But with $29 billion in funding from the American Rescue Plan and more than a hundred million jabs in arms so far, better days may be right around the corner. And some of our favorite dining spots may be well positioned for a roaring come back.
Be prepared for a very different guest experience
Although hospitality has its roots as far back as ancient Greece, the hotel industry is in for its most significant changes yet. Post-COVID, guests will want a touch-free experience, at check in, in the room and gym, and at check out.
When wine becomes hand sanitizer
Summer is coming, and with it dinners on the patio, parties on the beach, cookouts with friends, rose wine. But what’s happening to all of the rose wine that people did not drink last summer during COVID? It’s a very sad story.
Grapes in Space
With everything that’s going on in the world right now, why would scientists sending wine into space? It turns out there is a very down to earth reason. And wine lovers should care.
A champagne so fine, it’s named after a horse, of course
Nestled on a comparatively tiny 12-hectare parcel in the heart of the Côte de Blancs, Agrapart et Fils has been family run since 1894. The current patriarch, Pascal Agrapart, is a man who is as passionate about the earth it’s grown on as he is about the wine.