Global Hospitality Report (April 13, 2015)

Six Proven Strategies for Investing in Your Hotel's Back of the House 
By Kevin Goldstein

Hoteliers who invest in their back of the house equipment both reduce their utility costs and minimize the possibility of revenue disruption from failure of key building systems. This article summarizes proven investment strategies in this area.

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In Focus: Thermal Hotels & Spas in Italy 
By Panagiotis Verykios, Pavlos Papadimitriou and Ezio Poinelli

This article provides an overview of Italy’s Hotel Thermal Baths/Spa industry and analyses recent trends in the sector.

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Five Key Takeaways - Hunter Conference 2015 
By Michael Brophy, and Heidi Nielsen

The 2015 Hunter Hotel Conference shone light on how hoteliers can take advantage of present performance trends and high demand. Experts also raised concern over rising costs and a tipping point for new supply.

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Centara Hotels & Resorts Enters China 

Centara Hotels & Resorts announced the signing of a management contract with Zhaoqing Yuhao Properties Development Company Limited to open Centara Resort Zhaoqing, the Thai hospitality group’s first property in China. The 250-room resort is scheduled to open in the fourth quarter of 2017 with extensive facilities including a water park, swimming pools, a pool bar, an all-day-dining restaurant, a Chinese restaurant, and a specialty-dining restaurant. The resort will also feature the award-winning Spa Cenvaree, a kid’s club, a fitness center, and meeting facilities including an 800m2 ballroom. Located in Guangdong Province, Zhaoqing City is a well-situated travel hub for visitors to southeastern China, as it is in close proximity to China’s most dynamic areas including Guangzhou, Shenzhen, Hong Kong, and Macau.

HVS APAC HOSPITALITY NEWSLETTER.
HVS Hodges Ward Elliott Acts for Marriott on the Sale of Paris Hotel  

Marriott International has sold the Courtyard by Marriott Paris Arcueil on the outskirts of Paris, France, for approximately €24.25 million (€142,600 per room). The 170-room hotel opened in 2011 as part of a mixed-use project in the Port d'Arcueil district, 15 minutes by train from Paris city centre. Marriott will continue to run the property under a long-term management agreement. HVS Hodges Ward Elliott acted on behalf of Marriott for the transaction.

HVS EMEA HOSPITALITY NEWSLETTER.

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