Global Industry Analysts, a respected market research firm, has just released its latest report detailing the outlook for the hospitality industry through 2015. The report indicates that the industry is rebounding strongly from the recent recession, and growth in the world economy should boost the size of the global hotel industry to $479 billion over the next three years.
Despite this impressive growth in the global hotel industry, there are some challenges that will need to be addressed in the years ahead in order to better serve customers. For instance, digital crimes are becoming more common, and the hotel industry will need to increase spending on information technology in order to protect customers’ personal information. However, this will need to be done in a cost-effective manner; as such, hotels will need to get valuable consulting advice from hotel management companies that have experience in outsourcing such infrastructure.
The hotel industry should be able to overcome these problems and benefit substantially from the growth in travel spending. The Hotel Managers Group welcomes this news and looks forward to providing quality customer service to all of the hotels that it manages.
A new travel survey conducted by Deloitte suggests that the hotel industry will rebound nicely in 2012 thanks to young business travelers increasingly performing more necessary work outside of their home offices.
This finding was part of the 2011 Business Travel Survey, an annual report put out by Deloitte to help the hospitality industry prepare for the year ahead. If this survey is any indication, the coming year will be defined by significant growth for hotels on account of the business traveler community.
Among other findings, the survey showed that more than 80 percent of all business travelers expect to travel at least as often in 2012 as they did in 2011. Much of this growth in centered around younger workers, who have finally been able to shrug off the effects of the most recent recession and begin their business careers in earnest; in fact, more than a quarter of all business travelers under the age of 44 expect to travel more often during the year ahead.
The growth of younger business travelers is thanks in part to a rebounding economy, which has helped businesses increase the amount of cash on their balance sheets. Real gross domestic product grew at a 1.8 percent annual rate in the third quarter of 2011, and most analysts expect that GDP growth in 2012 will be slightly higher at around two percent.
Business travel revenue was even stronger than the general economy in 2011 with growth of 7.6 percent, according to the Global Business Travel Association. In addition, growth is expected to increase another 4.6 percent in the coming year as these younger workers spend more time on the road while conducting business.
Deloitte also found that younger business travelers have very different attitudes and expectations about the hotels they frequent when compared to older travelers, and hotels will need to adjust accordingly if they are to succeed in the future.
When compared to older workers, young business travelers put heavy emphasis on convenience, sociability and sustainability. For instance, these travelers prefer expedited check-in, working in public areas of hotels and patronizing hotels that operating in an environmentally-sound manner.
In short, younger business travelers expect more from their hotels. As such, it is important that hotels choose only the best hotel management companies to run their operations; companies like the Hotel Managers Group have plenty of experience in satisfying the needs of both young and old business travelers.
The ultimate benefit from employing the best hotel management companies is loyal customers. Indeed, Deloitte found that younger business travelers are more loyal to hotels that treat them like valued customers. Thus there has never been a more important time to procure the services of hotel management companies like the Hotel Managers Group who will ensure that customers have the best experience imaginable.
hotel management companies - hotel management company
The Hotel Managers Group (HMG), a highly regarded San Diego based hotel and resort property management company, has recently agreed to a deal with the Hampton Inn & Suites Los Angeles Burbank Airport. HMG manages several other Hampton Inn properties including those located by airports in Las Vegas and San Francisco. Their familiarity with the Hampton Inn helps them to meet and exceed all of the expectations demanded by this member of the Hilton Family of fine hotels.
While HMG works behind the scenes to create a most inviting atmosphere and hotel guest experience, they also have a well-proven record of improving efficiency and adding value to all of the properties they manage. They are experts in the hotel and hospitality industry. When a hotel owner hires HMG, they can expect an unsurpassed commitment and an improvement to their bottom line.
The Hampton Inn & Suites Los Angeles Burbank is a 99 room facility that is conveniently located just a few miles from the Burbank Airport. Hampton Inn & Suites offers a shuttle service that will pick you up or drop you off at the airport. If you are flying into town, give them a call to make arrangements when your flight arrives. After your stay in Burbank, they will get you back to the airport in plenty of time so you will not miss your flight.
Whether you are coming to the LA area for business or pleasure, the Hampton Inn is a great place to stay. Guests will have their choice of very comfortable guest rooms with either one King bed or 2 Queen Beds. For those who prefer a little extra space, there are several different studio suites to enjoy.
While the suites give you a little more space and a nice sitting area, all of the rooms are packed with features guests will love. Starting with the pillow top beds and premium bedding, each room also offers free internet service and cable television, including free HBO. The Hotel Managers Group has made sure that guests can wake up to a fresh cup of coffee by including a coffee pot and a select blend of coffee in each room. Bathrooms feature a curved shower rod for more space and a hairdryer to dry and style your hair.
During your stay, you can workout in the fitness room and then take a dip in the sparkling waters of the hotel’s pool. If you are in town on business, you can take advantage of the business center to use the fax or copying machines. If there is anything else you need, just ask someone at the front desk and they will be happy to help you.
Enjoy the free hot breakfast before starting out your day. Whether you want to go to tour the nearby Universal Studios/City Walk or NBC Studios or you are planning a day at Disneyland, the Hampton Inn & Suites Burbank Airport is a very comfortable and convenient place to call home base. Both the Hampton Inn and the Hotel Managers Group will work very hard to see that you have a most pleasant and enjoyable time while you are in the LA area.
Hotel Management Companies – Hospitality Industry News
The 2012 Hotel Operations and Tech (HOTEC) forum
For the 9th consecutive year, vendors and senior decision makers will gather at an exclusive 5 star hotel resort to network and make important relationships in the hospitality industry. The 2012 Hotel Operations and Tech (HOTEC) forum will take place at the Ritz-Carlton, Half Moon Bay, California 5 star hotel and resort. The event is being held February 15-18, 2012 in San Mateo County, just 23 miles from the San Francisco Airport.
Unlike some of the big trade shows in the hotel and hospitality industry, HOTEC 2012 is held in a very relaxed setting and the number of vendors, hotel owners and hotel managers has purposely been kept low. The idea behind the concept for this very successful annual event is to keep the ratio of vendors and potential buyers to an almost even level.
By having a fewer than 100 vendors and fewer than 100 senior decision makers in attendance, it gives everyone a chance to really get to know each other and form close and mutually beneficial relationships. Vendors are selected by the types of products they sell or services they provide. Competition is limited between vendors as the show’s organizers do not allow too many vendors who sell the same products or provide the exact same services.
Attendees will arrive on the 15th and be invited to an early evening welcome buffet where they will get to meet in a very casual atmosphere. The next two days will allow vendors to showcase their new products and services. Vendors will be given some time to display their products or services. Then, each vendor or supplier will set up a table in a conference room and have private 20 minute meetings with the men and women who have the authority and responsibility to make buying decisions.
All in attendance will have ample opportunity to network and forge relationships throughout the event. Guests will be treated to breakfast, lunch and dinner each day and can socialize and talk business while they dine. The small gathering is a focused event where guests will learn about everything from the latest in wireless connections, to fancy, energy efficient shower heads. Most of all, relationships will develop and deals will be made. Based on comments from attendees of previous HOTEC events, this is one of the favorite and most productive gatherings in the hotel and hospitality industry.
Article By Hotel Managers Group leading hotel management company in the United States.
Hotel Management Companies – Hospitality Industry News
The Mission Valley Resort in San Diego is expecting great things this year. With the hotel and hospitality industry in the midst of a national resurgence, the Southern California area in general and San Diego hotels in particular, stand to benefit by attracting more guests and being able to charge higher rates per room.
The Hotel Managers Group (HMG) and the Mission Valley Resort have been paying close attention to the latest trends in the hotel and hospitality industry. This past December saw a record number of tourists and other visitors come to San Diego. Families came in packed cars to visit the theme parks, zoo and many other area attractions. Tourists escaped the cold weather for the chance to play on some great golf courses, enjoy the beautiful beaches and just soak in the sunshine. Businessmen attended trade shows and conferences. All across San Diego County, San Diego hotels have been doing a booming business.
At the Mission Valley Resort, centrally located on 20 beautifully landscaped acres, guests are treated to a premiere property that offers very fair prices and some great amenities. Just a 2 minute drive from Old Town San Diego and within 10 minutes of the famous San Diego Zoo, Sea World and Downtown San Diego, the family friendly hotel has 202 guest rooms. There is also an on site restaurant, room service, two beautiful heated pools and so much more.
All of the spacious, clean and comfortable rooms include complimentary high speed wireless internet access. There are little extras like coffee pots and an iron to help make you feel just a little more comfortable. If you ever need anything, the very friendly staff will be happy to help you out. As is the case with every hotel managed by the Hotel Managers Group, customers receive the most courteous treatment possible.
Even though it appears that the Mission Valley Resort will not be hurting for guests this year, it is always very important to treat guests with the utmost attention so they will enjoy their stay and want to return in the future. Anticipating the high-demand for rooms that come along with a well-run property, HMG is prepared to add staff to make sure everyone that stays at the Mission Valley Resort in 2012 will get the outstanding service they deserve.
Hotels, restaurants and the many area attractions, all of which are part of the hospitality industry, have been looking for a return to the pre-recession days when tourists were plentiful and hotel rooms were always full. It looks like 2012 will be the beginning of a very long and prosperous time for San Diego.
The hotel industry will continue to see strong growth in 2012 – Although many economists remain uncertain about the prospects for the American economy in 2012, the hotel industry is expected to see solid growth this year as business travelers and family vacationers continue to demonstrate increased demand for hotel rooms.
This welcome news was provided by the North American Hospitality Review, a monthly report of anticipated hotel bookings and reservations that is organized by Travelclick, Inc. According to the report, occupancy rates are expected to increase by more than three percent this year. In addition, the revenue per available room should improve by an even healthier 5.3 percent.
These latest estimates indicate that growth in the hotel industry, which has improved for the past two years, will continue to be robust. This strong demand, especially from individual business travelers, will put upward pressure on hotel room prices in 2012, helping a hotel industry that has been attempting to recover from the effects of the most recent economic recession
Revenue growth is expected to be particularly strong in the first quarter of 2012, although results are expected to be somewhat more subdued in future quarters due to the relatively weak demand for hotel rooms from group travelers. With the continued uncertainty surrounding the economy, many groups have been reluctant to resume steady travel schedules. However even this segment of the traveling population is expected to slowly improve thanks to a nearly two percent increase in occupancy rates during the current quarter.
Regardless the hotel industry can expected a strong year ahead, especially in improving travel markets like Charlotte, Detroit and Indianapolis. This expected growth is all the more impressive given the fact that many areas of the economy have been unable to rebound from the lack of demand caused by the collapse of the housing bubble and the credit crisis in 2008.
Thanks to the European sovereign debt crisis, many investors have fled to safe assets like Treasury bonds in order to avoid the risks associated with declining economic growth. However the hotel industry should be able to overcome any potential problems thanks in part to the improving strength of corporate America, which has spent much of the past four year working to improve their balance sheets.
Cash holdings by American corporations have increased to nearly $2 trillion. In addition, earnings growth has been strong throughout the past year; in the third quarter, profits earned by American businesses grew by more than 13 percent. In future quarters, many analysts expect companies to utilize some of this cash in areas like business travel and lodging.
Despite all of the uncertain economic news, the hotel industry is becoming increasingly positive about the prospects of a great year in 2012. Not only will this benefit the hotels themselves, it will also help companies like the Hotel Managers Group, which seeks to benefit the hotel industry with the highest level of service and support. The Hotel Managers Group is poised to help hotels improve their business prospects as the industry prepares for continued growth in the coming year.
….
…
Press Release Hotel Managers Group Los Angeles
The Hotel Managers Group is proud to announce that it has reached an agreement with Hampton Inn & Suites to manage one of its hotels located in Burbank, CA. This most recent agreement increases the number of hotels the Hotel Managers Group manages for Hampton Inn & Suites to five, including three hotels near airports serving major metropolitan markets: San Francisco, Las Vegas and now Burbank.
The Hotel Managers Group has had a long-standing relationship with Hampton Inn & Suites, witch has trusted the company to manage several of their most important properties. Through years of experience, the Hotel Managers Group has become accustomed to the rigorous service standards required by Hampton Inn & Suites, witch only allows management companies of the highest quality to manage their properties. Hampton Inn & Suites holds itself to the highest standards for the benefit of its customers, and they expect the same of their property managers.
The Hotel Managers Group has been one of the few hotel management companies that has earned that trust. Thanks to this level of confidence, the Hotel Managers Group will now be managing the Hampton Inn & Suites Los Angeles – Burbank Airport, a hotel with a great location near Burbank Airport that services the greater Los Angeles metropolitan area. The 99-room hotel, which includes all the regular amenities like free breakfasts, high-speed wireless internet, a fully-equipped exercise facility and a pool, is designed to serve both tourists and business travelers. Thanks to its prime location, it is a great hotel for those looking to enjoy the many dining, shopping and entertainment options in the city as well as those looking to head east for the great outdoors in the Angeles National Forest.
The Hotel Managers Group is excited to have the opportunity to manage yet another Hampton Inn & Suites with the same high quality of service that its customers have come to expect. In addition, the Hotel Managers Group is looking forward to continuing its long-standing relationship with Hampton Inn & Suites and also hopes to serve them well in any future business relationships that they deem appropriate.
The L.A. Convention Center will be the venue for the 14th annual Los Angeles Times Travel Show. The travel industry’s big event is scheduled to take place on the last weekend in January. The January 28-29 Los Angeles Times Travel Show has been named one of the “Top 10 Southern California Trade Shows and Conventions” by BizBash, a leading provider of resources and information in the event industry. This year’s show promises to be bigger and better than ever.
The Los Angeles Times has arranged for some very special guests to speak at this year’s show. Headline speakers include Rick Steves, star of the PBS television travel show, “Rick Steve’s Europe” and Arthur Frommer, publisher of the famous Frommer’s series of travel guides. Other notable guest speakers include Lisa Ling of “Our America” which is featured on Current TV and Adam Richman who hosts “Man v. Food Nation.”
This year’s event features a number of new exhibitors from all around the world including the Taiwan Tourism Bureau, Korea Tourism Organization and Visit Mexico. Travel agents and tour operators from the United States as well as many other countries around the globe will also be a part of the show. Visitors will have a chance to interact with the industry experts and learn about the latest news in travel and tourism. Exhibitors can create itineraries, suggest some unique and exotic destinations and also book travel for those wanting to take advantage of some exclusive deals.
The 2012 Los Angeles Times Travel Show will have designated areas that will be devoted to the family vacation, the world of cruising, luxury vacations, vacations for the active and travel for leisure. Every segment of the travel market will be covered.
A special Los Angeles Times Pavilion will be set up for displaying the works of some of the Times’ best travel writers and photographers. Visitors will be able to view their work and also interact with the authors and photographers. It is a great chance to hear first-hand about the latest trends in the travel industry.
The event is open to the general public and tickets cost just $10. One child, under age 16, is admitted free with each paid adult admission. On January 27, the day before the event opens to the public, an interesting and informative conference will be held for members of the travel and tourism trade. If you would like to attend, tickets can be purchased in advance for $30.
Guests attending the show are invited to stay at one of the fine Hotel Managers Group properties in Southern California. Enjoy a weekend stay at the Crowne Plaza Commerce Hotel. This showcase property, near Downtown LA, offers great accommodations and you can enjoy playing poker or other games of chance at the adjacent casino.
.…
…
The traditional two week vacation appears to be a thing of the past. According to a recent Harris Poll survey, Americans are finding it difficult to take extended vacations in what is still a difficult economy. With many Americans worrying about their financial future, it appears that they are foregoing vacations of more than a week’s length and banking some of that discretionary income.
The Harris Poll, taken in November of 2011, asked the question whether or not the respondents were planning to take a vacation of 1 week or longer in the next 6 months. Only 30% of the 2,499 respondents gave a positive response to the poll question. When asked the same question back in May, 2011, right before the busy summer travel season, 34% said they were planning a vacation of at least one week in duration. The 4% decrease in long vacations may not be statistically significant, but it does continue to indicate that Americans are not feeling comfortable spending money in this slow-moving economy. The main reason that Americans are being cautious is that they are uncertain of what the future holds. Those who have jobs are worried that they might lose them and those without jobs are even more concerned that they will remain unemployed. Until the economy shows more positive signs of recovery, it is likely that Americans will continue to take shorter vacations than usual.
The situation is not going unnoticed by the hospitality and hotel industry. The Hotel Managers Group (HMG), based in San Diego, California, operates a number of hotels, motels and resort properties. They are enjoying greater occupancy this year and are making a concerted effort to aggressively market their properties to increase occupancy. The shorter average vacation time means that there will need to be a greater turnover of guests per room. In addition, it may be necessary to offer discounts or special deals to attract travelers to stay for a full week or more.
With the Holiday Season upon us, many people are spending their savings and discretionary income on gifts and presents. They will forego long and costly vacations and instead settle for shorter 3 or 4 day escapes. They may travel closer to home and choose less expensive destinations to spend their available travel dollars. Once Americans get past the fear of running out of money for essential expenses like housing and food, they will start to think about taking extended vacations. The hotel industry will be ready when the trend for shorter vacations is reversed and guests want to book rooms weeks and not days.
.…
…
