Briefing: Growth and opportunities in Russia

Russia’s hospitality market is young compared to other European destinations. It is growing as a destination and the number of outbound Russian travellers is also increasing. It is a unique market covering a vast space and has highly populated cities. Supply at the premium end of the market in the main cities has met demand. It is now the regional markets and midscale market that hold the opportunities.

In this briefing experts outline how they see the Russian economy, and what challenges Russia holds. Comment from:

  • Scott Antel, Partner, DLA Piper Rus Ltd  on the regional Russian markets

  • Robert Shepherd, Chief Development Officer – Europe, InterContinental Hotels Group on why it’s worth a visit to RHIC

  • Taleb Rifai, Secretary-General, World Tourism Organisation (UNWTO) on Russia growing as a destination and a source market

  • Aron Libinson, VP Development – Russia, CIS & Georgia, InterContinental Hotels Group on the opportunity for growth in Russia

 

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: The recession has taught the industry about good deal making

There is optimism in the industry. Conferences are once again full of positive talk about growth and development. But while deals are flowing again, it is important not to take a growing economy for granted. So what should companies be thinking about when putting together deals? How has the industry adapted? What upsets might lie down the road?

In this briefing four experts discuss the post-recession environment. Comment from:

  • Clive Hillier, Chief Executive Officer, Vision Hospitality Asset Management on why deal-makers are avoiding risky gearing post-recession

  • David Fenton, Senior Economist, RBS on business never being easy

  • Gabriel Petersen, Managing Director, The Blackstone Group on Europe learning a valuable lesson from the economic downturn

  • Andrew Sangster, Editorial Director, hotelanalyst on the industry bouncing back and flushing out bad deals

 

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Industry Disruptors Part 2- A focus on Airbnb

Airbnb is an immensely successful hospitality player with products across 190 countries. It has housed 15 million guests in just six years of existence, is already one of the largest market players and has recently updated its look to emphasise its brand concept of ‘belonging’. The business model is an extension of the B&B idea. It is a digital platform that allows people to rent all or part of their houses to other travellers.

Should the hotel industry feel threatened by the sharing economy? What will be the impact of regulation? And what can the industry learn from Airbnb? Answering these questions are:

  • Stephan Balzer, Chief Executive Officer, Red Onion GmbH on a shift in the market that could see hotels close

  • Russell Kett, Chairman – London Office, HVS on the need for careful regulation of new hospitality products

  • Steve Lowy, CEO & Founder, umi Digital on using Airbnb to make purchases

  • Shaun Hinds, Managing Director – International Operations, BridgeStreet Global Hospitality on why Airbnb isn’t a great threat

 

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Industry disruptors – Innovative hospitality business models

Hospitality is changing. Consumers have more and more options to choose from and increasingly original ways to purchase them. Innovative companies are creating new business models to maximise income from hospitality products. Consumers are even selling amongst themselves in the so-called “sharing economy”.

According to experts, disruptive plays and business model innovation are now more important than traditional strategies based around competition and internal efficiency. Accessibility via digital platforms means disruptors can build large market share within just a few years. Therefore every company must look at their assets and how they might innovate, even if primarily to defend their market.

Discussing these new hospitality business models are:

  • Frank Croston, Partner, Hamilton Hotel Partners on how consumers win in the competition with new wave hospitality

  • Preben Vestdam, Managing Director, HotelSwaps on a bartering programme based on hotel rooms

  • Stephen Balzer, Chief Executive Officer, Red Onion GmbH on what the sharing economy means for consumers

  • Sean Worker, Chief Executive Officer, BridgeStreet Global Hospitality on a company re-branding that responded to customer demand for transparency

 

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Women at the top

Although women have always accounted for over 50% of the hospitality workforce, this has typically been disproportionately towards the bottom of the pyramid. Things are gradually improving with women being promoted into C level roles, but there is still plenty of work to do to address the gender gap. In this briefing we speak to three women who have built successful hospitality careers about what the industry can do to bring more diversity at the top.

Comment from:

  • Kathleen Matthews, Chief Communications & Public Affairs Officer, Marriott International Inc on why women are still disproportionately represented in the hospitality industry

  • Karen Friebe, Partner, Berwin Leighton Paisner LLP, on why women need more role models in the industry

  • Wolfgang Wienz, Senior Technical Specialist, Hotels, Catering & Tourism, International Labour Organization on whether the industry can overcome gender gaps

  • Elizabeth Winkle, Managing Director, STR Global on how women in the industry would benefit from mentor relationships

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: ensuring customer loyalty in hotels

Customer loyalty is crucial for a successful hotel business. Small and boutique hotels need to offer something special to their customers in order to compete with the chains. Meanwhile international brands are rolling out increasingly sophisticated loyalty schemes to ensure that their customers return to them wherever they go in the world.

While loyalty schemes are not new, hotels are now connecting with customers on an individual level to make them feel appreciated and valued. These operations require careful management and the right technology. Comment from:

  • Mark Weinstein, VP – Strategy & Loyalty, Hilton Worldwide on why loyalty schemes are critical to business growth

  • Taras Ettl, VP – Development, Middle East & Africa, InterContinental Hotels Group on InterContinental’s loyalty programme

  • Andrew Boshoff, Head of Strategy & Development, Global Hotel Alliance on loyalty being the largest area of opportunity for hotels

  • Sinai Pedreschi, Director of Sales & Marketing, The Stafford London on The TNTs that make customers come back

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: innovation to reinvent, evolve and adapt to markets

In a changing world, products and operations must respond to disruptions and shifting markets. Business plans cannot be too rigid, especially when applied in new markets where the risk factors are unknown. Old technology and systems that are in place are not always appropriate to deal with new problems.

So what do businesses need to do to keep up to date? How can brands adapt to new environments? And how can smaller hotels compete with the resources of larger brands? This briefing has comment on all these issues:

  • Christine Hodder, General Manager, The Stafford London on balancing consistency with innovation

  • Simon Schwitalik, Director of Business Intelligence – EMEA, TravelClick on turning legacy systems into effective marketing platforms

  • Sanjay Tanna, Director – Commercial &  Investments, ADNEC on why constant reinvention and adaptability is the key

  • Peter Norman, SVP – Acquisitions & Development, Hyatt Hotels Corporation on why hotel brands must continually evolve

 

 

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: like, share and embed travel experiences

Online feedback has transformed the hospitality industry. Comment cards and guest books have always allowed customers to share their thoughts on their stay, but now these experiences, both good and bad, are being shared immediately online and it’s influencing where customers choose to spend their money.

Consumers want to get a glimpse of holiday destinations before they go. They are getting their ideas directly from other visitors, not just marketing teams.

So how are hotels dealing with review websites? In what new ways can the holiday experience be shared? And can digital communities be integrated into the marketing plan? Comment from:

  • Charlie Osmond, Chief Tease, TripTease on content creation & social media driving business growth
  • Sinai Pedreschi, Director of Sales & Marketing, The Stafford London on TripAdvisor and customer feedback
  • Satyan Joshi, Industry Manager – Travel, Google on the impact of video reviews on hotels and OTAs
  • Christopher Michau, VP – Global Partner Group, Expedia France SAS on integrating social media into the travel business model
 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: securing a resilient, lasting hospitality industry in Africa

There is exciting growth in Africa, but what does the industry need to remember in order to build a market that works? Deals need to be solid, finances need to be secure, and the existing culture and infrastructure needs to be considered.

There is little point in rushing through a development that cannot be sustained for the future. It is also vital that there is quality in the product on offer. In this briefing four experts give their views on the key elements for successful developments in Africa:

  • Peter Greenberg, Travel Editor, CBS News with three pieces of advice for the hospitality industry

  • Olaf Schmidt, Global Sector Head – Tourism, Retail & Property, IFC – World Bank Group shares three messages from the IFC

  • Philippe Doizelet, Managing Partner, Horwath HTL – France on what the African hospitality industry could improve on

  • Rohan Patel, Director, Sankara Hotel Group Kenya Ltd on why hotel development projects must be sustainable

 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: a focus on the 5* hotel segment

At the top end of the hospitality market it is not all about growing an empire as quickly as possible. It is about getting things right and pushing the product to be the very best it can be.

There is a focus on attracting ‘the right kind of customer’, who will bring in a lot of revenue. Consumers are attracted to 5* properties because they are a step above the rest and can be relied upon to offer them what they need.

So what kind of customers use 5* hotels? How important is it to build brand awareness? And where does a 5* product sit within the rest of the market? Answering these questions are:

  • Andrew Boshoff, Head of Strategy & Development, Global Hotel Alliance on a loyalty programme that targets upmarket, international travellers

  • Haddis Tilahun, Executive Director, United Africa Group on leading the way with five star hotels

  • Reto Wittwer, President & CEO, Kempinski on the idea that luxury equals individuality

  • Taras Ettl, VP – Development, Middle East & Africa, InterContinental Hotels Group on answering the demand for a five star business brand

 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

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