hotel guru
What Is New in 2023?
Robert A. Rauch, CHA | February 23, 2023
By Robert A. Rauch, CHA We are seeing a shift from sitting at home to experiencing the world. Some travelers came out in 2021, others in 2022, and everyone is finally getting out in 2023! The world was closed, now it’s completely open with the exception of China. Pent-up demand still exists today in the leisure segment and groups and business travelers will continue to increase their travel from 2022 to 2023. This will occur even if there is a recession as companies cannot grow if they do not meet. Corporate balance sheets are in good shape and while the headwinds of a slowing economy could impact some travel, 2023 will be a good, soli...
Hotel Guru Robert Rauch to Moderate a Key Session at The 2022 Lodging Conference in Phoenix
R.A. Rauch and Associates | August 24, 2022
PHOENIX, August 24, 2022 - R.A. Rauch and Associates (RAR) announced today that CEO and CHA Robert Rauch will be hosting a panel of distinguished speakers at The Lodging Conference in Phoenix, this September. The Lodging Conference is one of the leading hotel industry events in the world and brings together the industry's most influential hotel owners, operators, presidents, CEOs, investors, and dealmakers to strategize about development, finance, franchising, management, construction, design, and operations. This year’s conference will be held at the JW Marriott Phoenix Desert Ridge Resort & Spa from September 19 through 22. Dur...
Hotel Guests Getting Used to Changes in Service, Technology
Bob Rauch | July 7, 2022
By Bob Rauch Hotel fundamentals are on an upward trajectory, but several macroeconomic elements are a risk to owners and operators including inflation, higher oil prices, geopolitical tensions, rising interest rates and broader economic growth concerns. A recession would clearly affect near-term hotel stock price performance and sentiment as well as net income; however, hotel industry fundamentals remain solid, midweek business travel is recovering nicely, and groups are coming back. Was COVID-19 good for the industry? No, but much of the technology that was implemented during the pandemic will stay. Contactless check-in and touch...
Travel in 2022: Addressing the Demands of a New Era
Robert Rauch | March 9, 2022
By Robert Rauch This year marks an exciting point for hotels within reach of 2019 numbers. Many select-service and resort hotels fit this profile, but the majority of hotels should see great growth in 2022. What is the landscape? Threats to the Industry The greatest threats to the travel and tourism industry include new supply; Airbnb, Vrbo, and similar short-term rental companies; interest-rate increases; oil prices and terrorism. Reduction of visa issuance, global economic stability and economic growth by inflation are other concerns. Russia, China and Iran are all threats to stability in the Middle East, Eastern Euro...
Finance, Technology and Service Will Dominate
Bob Rauch | January 12, 2022
By Bob Rauch Interest rates are low, consumer confidence is stronger, oil prices are high and employment is very uneven. The Purchasing Managers Index (PMI) is at 58.7 in December 2021, down from 60 in November and 61 in October. Any number over 50 shows that the economy is expanding so the PMI is good news. Threats from COVID-19 variant Omicron should peak this month. Perhaps the biggest threat is inflation as that is starting to impact the middle class as well as the poor. The silver lining is that this inflation might cause hotel room rates to grow beyond the 6% inflation rate. Hotel Finances During most recessions, there is a signi...
10 Travel Trends That Will Happen in 2022
Bob Rauch | December 21, 2021
By Bob Rauch Travel is taking a new direction in 2022 and it’s important for hoteliers to continue adapting to the consumer changes for these travel predictions. Through a combination of technology, guest expectations, and employment, here are the most important traits to consider in your 2022 management plan. Enjoy reading these trends and have a spectacular and very Happy New Year! 1. The talent void – We furloughed and laid off the majority of our workforce, but we can fix it by recruiting those with strong communication, technology, sales and analytic skills. Yes, we will pay them more but they will perform better and will p...
R.A. Rauch & Associates, Inc. Appoints Niveesha Hill as Dual Property General Manager for Homewood Suites by Hilton San Diego-Del Mar and Hilton
R.A. Rauch & Associates, Inc. | September 27, 2021
SAN DIEGO, CA — September 27, 2021 — R.A. Rauch & Associates, Inc. (formerly RAR Hospitality), is pleased to announce the appointment of Niveesha Hill who joined the San Diego-based hotel management and consulting firm as the Dual Property General Manager of Homewood Suites by Hilton San Diego-Del Mar and Hilton Garden Inn San Diego-Del Mar. Hill’s proven leadership experience, effective, efficient management in all areas of hotel operations, and extensive industry knowledge will deliver hospitality excellence and exceptional guest services. “We are honored to have Niveesha Hill join our team of hospitality experts and leaders...
The Road Ahead for Hotels in 2022 and Beyond
Robert A. Rauch | September 8, 2021
By Bob Rauch Before we jump into 2022 plans, please take the quick survey/debate above of how you view the business and feel free to opine on why. Answers will appear on sided.co and on the hotelguru.com website. Hotel Industry Post-Pandemic The number of areas of responsibility that fall under a hotelier is hard for other businesses to imagine. Development, acquisition, finance, operations, customer service, restaurant, bar, maintenance, sales, marketing, revenue management and much more. The businesses churn guests daily and requires real time daily decision making. As we look toward 2022, what should we look at? Before we start, I’d...
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