Nellie Day
Editor at Western Real Estate Business
Contributing Writer at Hotel Management
Writer at California Centers
Articles
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3 weeks ago |
hotelmanagement.net | Nellie Day
As travel habits shift and remote work unlocks new mobility, hotel investors are finding that smaller markets want a bigger experience. It seems that today’s guests aren’t just looking for a bed; they’re looking for atmosphere, design and a sense of place. All told, they’re looking for an experience – and they’re looking for it whether they’re checking into a hotel in Brooklyn or Boise.
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4 weeks ago |
hotelmanagement.net | Nellie Day
The U.S. hotel market is in the grip of a full‑blown conversion boom - and investors are here for it. Rising construction costs, tight zoning and a thirst for speed to market have pushed brand‑to‑brand and adaptive‑reuse projects to the front of deal pipelines. Brand conversions hit a record high of 136,668 rooms in 1,421 projects in the first quarter of this year alone, according to Lodging Econometrics, representing a year-over-year increase of 13 percent.
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1 month ago |
hotel.report | Nellie Day
This experiential shift is largely driven by a demographic shift, notes Jeremy R. Gilston, vice president of Woodworth Core Group. “There’s a new age of corporate and leisure travellers,” he explains. “They’re millennials. They’re experience-driven travellers who prioritize living like a local and are social media focused, meaning they’re more visual and design-oriented.
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1 month ago |
hospitalityinvestor.com | Nellie Day
As travel habits shift and remote work unlocks new mobility, hotel investors are finding that smaller markets want a bigger experience. It seems that today’s guests aren’t just looking for a bed; they’re looking for atmosphere, design and a sense of place. All told, they’re looking for an experience – and they’re looking for it whether they’re checking into a hotel in Brooklyn or Boise. This experiential shift is largely driven by a demographic shift, notes Jeremy R.
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1 month ago |
hospitalityinvestor.com | Nellie Day
In hospitality, as in life, size isn’t always everything. Many investors have also shirked the theory that bigger is better as institutional capital has slowed and traditional lending remains cautious. Instead, a different kind of hotel project is quietly gaining traction: the small, sub-$20 million development. These projects – often select-service or extended-stay assets – don’t necessarily garner flashy headlines, but they’re fuelling momentum in a market where new construction remains cautious.
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