robert rauch
Will 2024 Go Up, Down or Sideways for Hoteliers?
Robert Rauch | March 6, 2024
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Top 10 Trends for the Hospitality Industry in 2024
Robert Rauch | December 11, 2023
By Robert Rauch The hospitality industry transformed in 2023, driven by technological advancements and evolving guest demands. We'll explore the ten emerging trends for 2024 in the hospitality industry. Artificial Intelligence AI in the hospitality industry will enhance revenue management, menu development, employee and guest education, marketing, sales, and more. We are at the very beginning of this exciting technology that comes with some cautions ahead--cybercrime and terrorism for starters. This technology is growing 10 times faster than the iPhone, Android, and others when they launched circa 2007. Wellness, Fitness, and Di...
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...
Striving for a Better Way, Better Year for Hoteliers
Bob Rauch | November 2, 2022
By Bob Rauch Economic and geopolitical factors from the war in Ukraine to lingering pandemic fears and interest rates are expected to continue into 2023, leading to some hesitation and talk of recession in the hotel industry. The Federal Reserve has now increased interest rates three times in a row, all at 75 basis points. It most likely has already slowed the pace of inflation, so they should stop raising the rates. While consumer spending remains strong, there are many indicators that holiday spending will be softer than expected, the housing boom is winding down and recession conversation has created concern. After hearing my f...
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...
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...
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