by Ross Woods | Aug 14, 2019 | Blog
Seasonality has a profound impact on the efficiency and profitability of hotels. It is a crucial challenge for the lodging industry and has been held responsible for creating many difficulties faced by the industry: problems in gaining access to capital, in obtaining...
by Ross Woods | Aug 11, 2019 | Blog
With tourist arrivals almost doubling over the past five years, growing from 8.8 million in 2013 to 15.8 million in 2018, Indonesia’s star-rated hotel supply has experienced a dramatic expansion over the same period. Driven by the growth in inbound visitor arrivals...
by Ross Woods | Aug 7, 2019 | Blog
Seasonality is such an important part of the lodging industry and so ubiquitous that we tend to treat the phenomena as static and not evolving over time. Seasonality causes the fluctuation in demand for guest rooms and other services such as food and beverage and...
by Ross Woods | Aug 2, 2019 | Blog
Traditionally enjoying a symbiotic relationship, U.S. hotels and U.S. domestic airline carriers recorded all-time high revenues in 2018, following all-times highs in 2017. The lockstep nature of the relationship is reinforced by the high correlation between the growth...
by Ross Woods | Jul 25, 2019 | Blog
OYO, an Indian based hospitality company, with a string of franchised budget hotels in India, Malaysia, China and more recently Indonesia, has recently launched its entry into the competitive U.S. economy hotel market with a number of properties in Texas. It has also...