Needed within Mexico is a standardized hotel rating system. This need that lodging businesses have needed for some time is welcomed with open arms. Mexico is poised to standardize the rating system covering some 700,000 Lodging properties operating within the country. The Minister of Mexico Tourism strongly suggests, “the hotel industry classification system will allow lodging to understand and know the status of their facilities and services compared to other similar hotels. It will also identify areas of opportunity”.
“HAPPY DIWALI” – From your Friends for past 46 Years at American Motel Hotel Brokers
May the New Year bring goodness and peace into your homes….and, prosperity, good health and happiness into your and your family’s lives !’ …….AMHB Network Member Brokers Across America
Tidbit: From Palma De Mallorca, Spain, comes word that ME by Melia has initiated it’s first move into the United States with the opening of the ME Miami in Miami, Florida. The Hotel is located in the epicenter of the city’s cultural “hot spots”….Perez Art Museum, Adrienne Arsht Center and the Patricia and Philip Frost Museum.
Tidbit: The Ritz-Carlton Reserve collection’s Bali Mandapa Resort now offers tailored spa and personal butler service for guests. The South China Morning Post of Hong Kong writes that Bali’s Mandapa will focus more on guest wellness.
Tidbit: New Irish legislation targets QIAIF and ICAV investment funds.
SOLID GROWTH EXPECT NEXT DECADE IN TOURISM INVESTMENT IN ASIA
Astonishing it is reported that 10% of the World’s travel and tourism investment dollars are expected to be spent in Asia during next decade. Half of that….50%….will be in China. Michael Sprinkle, American Motel Hotel Brokers, CEO confirms the fact that their Firm is receiving more interested Client requests regarding China than in their 46 year history. Countries such as Myanmar, The Philippines and Cambodia are struggling to attract enough funding to keep pace with the increasing demand.
Tidbits: American Motel Hotel Brokers Network of over 40 Specialized Hospitality and Lodging specialists announced today their Annual AMBH Network Member Meeting will be held in Las Vegas this year early December.
ZARCO LHOTELS STREAMLINES HOTEL OPS FOR SUCCESS
CEO, Jeff Zarrinnam, of Zarco Hotels states their Hollywood Hotel’s success in fostered by adapting technology to improve their guests experience and also the streamlining of operations. Digital parking registration, electric vehicle charges, cash-back booking program and a concierge app are all part of the amenities. Their Millennial population of guests appreciate greatly such modern day services.
BEST WESTERN INTERNATIONAL CONVENTION GREAT SUCCESS !
The recently completed BW Convention at the Phoenix, Arizona Convention and Conference in downtown Phoenix, Arizona was a special success. In interviewing their Best Western Members from around the Globe, those of the States left feeling that rate should increase slightly in 2017, with a slight pause in occupancy leveling. The Attendees were especially happy with Arizona’s bright, clear sky’s and 90 degree weather !
INTERNATIONAL NEWS !
LESS UNITED KINGDOM TRAVEL EXPECTED…
Hotel and Lodging SmartBrief reports that US Travel Association expects as much as a 5% drop in 2017 of UK travelers to United States. This anticipated drop is the result of the recent British vote to leave the European Union. UK tourist spending has been declining for some time in USA due to the depreciation of the Pound. Brexit has fueled this.
HOTEL GROUP AMAN PLANS INTERNATIONAL EXPANSION
Aman Hotels has announced their intention to expand into India with four new Resorts. This is a portion of their continued desire to expand their presence into North America, Europe and Asia. CEO Olivier Jolivet states “ New Delhi and Mumbai are definitely ‘target’ cities for our new property development”.
AMHB Network corporate offices in Phoenix announces that Alex Kovacs, a Veteran of 35 Years of Hospitality and Lodging Brokerage has become the Network’s most recent Member Office. Mr. Kovacs is located in Denver, Colorado. His professional experience of the past 35 years has been the entire state of Florida, as well as the Mountain and Plain States where Alex has built a strong professional reputation…..both of solid hotel and motel investments, and a highly respected buyer base.
CHINESE INVESTORS are pouring money into the Hospitality and Lodging sector as tourists from China visits, rise dramatically. The primary cities that seem to show the greatest influx of visitors are United States’ gateway cities.
BLACKSTONE LAUNCHES a $5 billion REIT. This is its first nonlisted real estate investment trust. The Trust will invest in income based commercial properties, including stabilized income producing Hotels. It’s platform is as a perpetual-life fund. * As a by line, American Motel Hotel Brokers Corporate Offices have a publicly NYSE Hospitality and Lodging REIT for sale either as a “SHELL”, OR WITH Five Hotels (590 guest rooms).