San Diego’s Recent Boom: How it Got Here and are the San Diego Chargers in its Future.
Horton Plaza served as the catalyst for San Diego’s development in the recent past and it became the anchor for future development. Not only did it impact downtown but it also shepherded a resurgence in leisure market getaways including Mission Bay,…
The Misconceptions of Millennials and Meetings
There are a number of misconceptions floating around the hotel industry about our largest growing demographic, the Millennials. This stems from an overgeneralization of the key trends that they have brought to the forefront of our industry. The Millennials,…
The Lodging Landscape: 2016 Midpoint
The first half of 2016 included a bit of a negative impact from China’s economy, some terrorism events and a softer than predicted first half in terms of financial performance. Here is a primer on where we are in this noble institution of hospitality…
A Slow Start, But Will It Continue?
At Woodstock, Neil Young got up to the microphone and said, “this song starts out slow and fizzles out altogether.” Well, this year started out slow but it will not fizzle out. Contrary to those pundits who feel the party is over, 2016 will continue…
The Chargers, Convention Center and Taxes: A Primer
This is one man’s opinion. I am an Independent, so Democrats and Republicans alike will disagree with me. I am not a member of the Lodging Industry Association or the San Diego Hotel Motel Association, so I am not privy to their positions on these issues…
2016 and Beyond – Official Forecast
2016 is looking to continue the trend line of 2015 albeit with a somewhat muted feel. While average daily rate growth (ADR) will be a solid 4.5 percent, occupancy levels look to remain relatively flat, up just one half of one percent with demand outpacing…
Sharing Economy – A Hoteliers Comprehensive Review
(Updated: May 2016) The challenges of increased health care costs, minimum wage increase impacts and new supply are not yet critical for the hotel industry but they will become very important when an economic downturn occurs. Further, Airbnb has become…
Keys to Success: Employee Satisfaction
2016 is going to be an amazing year for the hotel industry as we previously forecasted. We have also covered the Top 10 Trends of the year to help us stay ahead of the game. But one of the additional keys to success in the coming year is employee satisfaction….
Top 10 Trends for 2016
2016 promises to be the most profitable year our industry has ever seen due to strong rate growth, minimal supply impact, low interest rates and oil prices and a somewhat minimal impact from disruptors like Airbnb, living wage bills and health care c…
10 Essential Steps to Business Plan Development 2016
Before we complete our business plans for 2016, a review of macroeconomic data is in order. China’s growth is slowing but we do not anticipate a downturn in the U.S. economy in 2016…