Short-Term Forecasts of Visitor Arrivals to Bali, 2018-2020
We are pleased to provide this brief executive summary of our report titled "Short-Term Forecasts of Visitor Arrivals to Bali, 2018-2020." The full report can be downloaded at the end of the post. Subscribers to the report will receive a complimentary update of our...
Hawaii’s Lodging Industry Among the Best-Performing Hotel Markets in the US 1987-2017
Surprise! The hotel markets of Anaheim-Santa Ana, Oahu Island and Tampa-St Petersburg were the best performing Top 25 hotel markets in the U.S. over the past thirty-years in terms of risk-adjusted RevPAR growth rates. In more recent times (2008-2017), the markets kept...
Where are we in the Hotel Market Cycle?
By most accounts, the period 2015-2017 was one of the most successful periods on record for the U.S. Lodging Industry. With Real RevPAR eclipsing the previous peak of Real RevPAR in 2007, hotel investors enjoyed returns not seen since the 1990’s - returns in the order...
Investors on the Lookout for Hotel Opportunities in Southeast Asia’s Emerging Markets
Background As I embark on my third business trip to Southeast Asia this year, I thought readers of our blog might be interested in my views on the emerging opportunities in this part of the world. Southeast Asia's hotel industry has grown substantially over the past...
Targeting Underpriced Hotels…..the Positive Alphas!
Identifying individual hotels that are underpriced (expected abnormal or excess risk-adjusted returns) in an economic sense is difficult to achieve. Unless a hotel investor has access to information that is not widely known or is contemplating the purchase of a hotel...
In Search of ‘Alpha’ and ‘Beta’ Hotel Markets in the U.S.
“What are the best hotel markets in the country - primary, secondary or tertiary?” “What are the best lodging segments - luxury, mid-scale or independent and what are the best hotel location segments - urban, airport or interstate?” These are among some of the...
Famed hotelier Adrian Zecha launches Azerai Can Tho Hưng Phú, Cái Răng, Cần Thơ, Vietnam
My wife and I were delighted to be invited to the grand opening of the Azerai Hotel in Vietnam by founder and legendary hotelier, Adrian Zecha, known as the founder of Aman Resorts, and resort owner, Vietnam billionaire and Chairman of Novaland Investment Group, Bui...
On Assignment in Bali: Examining the Economics of the Top 20 Beach Clubs!
It’s not every day that one has the opportunity to “inspect” some of the best beach clubs in Bali, Indonesia, if not the world and call it work! The mere mention of Bali evokes thoughts of a paradise. It's more than a place; it's a mood, an inspiration, a tropical...
Azerai Hotels: The Brainchild of Legendary Hotelier & Aman Resorts Founder, Adrian Zecha.
On behalf of several Asian and U.S. investors, I have spent the best part of April and May in Indonesia, examining the opportunity of developing several Azerai Hotels, the latest hospitality brand by the legendary and visionary hotelier, Adrian Zecha. It has been a...
Infographic: Hotel Efficiency with Data Envelopment Analysis
Many argue that profitability is the only performance measure of relevance in the hospitality industry. The main argument against this is that environmental factors can affect the attainment of profitability. A profitable hotel may be being managed efficiently or it...