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3 days ago |
hotel-online.com | Larry Mogelonsky
By Adam and Larry MogelonskyAs advisors to upscale and luxury hotels, we’re always first looking holistically as to why a guest is choosing this specific hotel and why they are willing to pay substantially more per night for that experience. This is what we call the ‘reason to visit’ or R2V.
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5 days ago |
hospitalitynet.org | Adam Mogelonsky |Larry Mogelonsky
The Raffles Singapore is hallowed ground for the hospitality industry. A pilgrimage to there should be on everyone’s bucket list, but with such a storied past this can create an almost impassable bar for guest expectations. Yet from our latest visit, exceeding expectations is nevertheless the outcome for every guest, and therein lies a world of instruction on how to operate an ultraluxury hotel.
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1 week ago |
hospitalitynet.org | Larry Mogelonsky |Adam Mogelonsky
It’s easy to think wellness is just another bolt-on, like bath salts or green juice in the minibar. But the truth is, wellness isn’t just a trend. It’s a trillion-dollar shift in how people travel, spend, and stay. And if you are in hospitality, it’s your business to care. Not just in the fluffy “feel good” sense, but in a data-driven, revenue-boosting, loyalty-building kind of way.
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1 week ago |
hospitalitynet.org | Adam Mogelonsky |Larry Mogelonsky
Executive summary: Coffee and tea service, specifically herbal tea, as an in-room wellness amenity represents an area where there’s a strong opportunity for hotels to improve their presentation. This guestroom feature is easily accessible for all hotel categories due to low per-unit costs and scalable due to minimal labor inputs, thus representing a great entry to the wellness market.
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2 weeks ago |
costar.com | Larry Mogelonsky
The pall in the air surrounding the near-term future of the hotel industry for the first half of 2025 has unsurprisingly centered around the disruption caused by one word: tariffs.
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2 weeks ago |
hospitalitynet.org | Adam Mogelonsky |Larry Mogelonsky
For hotel brands near the top of the chain-scale, the requirement for creating meaningful experiences that embrace ‘sense of place’ becomes essential. In the constant pursuit of business growth, offering incredible and ‘peak’ experiences becomes essential for driving ADR and ancillary spend. This is what we call the ‘reason to visit’, inspiring word-of-mouth, boosting occupancy rating, and enhancing overall value in various ways.
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3 weeks ago |
hotel-online.com | Maddy Blumberg |Larry Mogelonsky
By Adam and Larry MogelonskyWhat we’ve discovered over the decades of working with, and visiting countless other, luxury hotels is that the most memorable properties are those that coexist, support and enrich their communities. The in vogue word for this is stewardship, but it takes on a special meaning and responsibility when your hotel is both celebrating its centennial anniversary and when you’re in downtown D.C. where so much history is being made each and every day.
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3 weeks ago |
hospitalitynet.org | Adam Mogelonsky |Larry Mogelonsky
RevPAR is a critical statistic for hotels. It always has been, always will be. But it has some gaps. Namely, it doesn’t quite fit in the modern world of hotels that’s focused on growing ancillary spend as well as the relationship between ancillaries and brand equity or commanding above-market rates. Further, RevPAR give owners a good understanding of profitability insofar as the flowthrough efficiency to GOP. So, what’s the most valuable metric for quantifying a hotel’s growth beyond RevPAR?
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1 month ago |
hotel-online.com | Maddy Blumberg |Adam Mogelonsky |Larry Mogelonsky
By Adam Mogelonsky and Larry MogelonskyWhile inflation, geopolitics and trade disputes represent possible headwinds against overall travel growth, the current demographic situations numerous other advanced economies amount to a prevailing tailwind that will propel growth in the luxury hotel category for the rest of the decade if not longer.
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1 month ago |
hospitalitynet.org | Adam Mogelonsky |Larry Mogelonsky
Pause for a moment and take in the broader landscape of the hospitality industry. You’ll see that labor challenges, from shortages to rising wages, will remain ongoing issues. While the pandemic significantly reduced the hospitality workforce and dented the industry’s appeal for younger recruits, that’s only part of the picture.