2015 was a big year for the hospitality industry. Here’s a look back at some of our favorite news stories of the last 12 months!
Marriott Acquired Starwood
Some years it’s hard to look back and pick just one event that had the biggest impact on the hospitality world… not so for 2015. Marriott acquiring Starwood was definitely the biggest story of the year.
One of the most interesting parts of the merger will likely be how overlapping brands will be treated. For example, Marriott and Starwood both have luxury brands in St. Regis and Ritz-Carlton. Will they keep both of these brands or eliminate one? Marriott really doesn’t need multiple brands that serve the same market so maybe they’ll get rid of some. Who knows what the hotel brand landscape will look like at the end of 2016.
Hotel Chatter Ended
One of our favorite websites for industry news, HotelChatter.com ended its run in 2015. Luckily, Condé Naste Traveler, which absorbed HotelChatter, is a great substitute. Here’s the official sign off message from the site:
The Hotel Industry Boomed!
2015 saw a number of hospitality industry records broken. RevPAR hit an all time high, and the United States reached a record number of available hotel rooms at 5 million. Overall it was a great year, hopefully 2016 will continue the upward trend!
Independent Hotels Got Their Own Awards
Independent hotels got some extra recognition this year when the the Independent Lodging Congress established the “Indie Awards.” The Indies highlights the most outstanding properties that are considered independent hotels.
The categories for the award’s inaugural year included “Best of the Best in Independent Lodging”, “Innovative Hospitality Design”,”Best Hotel Bar or Restaurant”, and “Best Digital Marketing Campaign.”
Airbnb Was Valued at 25.5 billion
Despite some early criticism, Airbnb has definitely established itself as a major player in the hospitality industry. This year the short term rental company made news when they were valued at 25.5 billion dollars. To put that in perspective, hotel giant Hilton is valued at around 25.3 billion.
What was your favorite hospitality related news story of the past year? Let us know in our comments section!
https://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpg00mcconnellmwhttps://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpgmcconnellmw2015-12-30 20:16:522019-07-02 15:12:42OUR FAVORITE HOSPITALITY INDUSTRY NEWS STORIES FROM 2015
Turn off the lights, grab a cup of hot cocoa and hide under the covers. This week’s edition of our blog features a ghost story!
Most hotels would try to bury any part of their history that made guests uncomfortable… but Arkansas’s Crescent Hotel embraces its spooky past.
The Crescent is self-proclaimed “America’s Most Haunted Hotel.” Of course, like all hotels, they want guests to feel safe and secure, but at the Crescent they know that a portion of their guests actually want to be a little creeped out during their stay. There’s a whole group of people who come to “America’s Most Haunted Hotel” solely due to its reputation.
The hotel is officially known as the 1886 Crescent Hotel & Spa, a title which highlights the property’s long history. To illustrate just how old the Crescent is think about this: when it first opened Grover Cleveland was president, the U.S. flag only had 38 stars and the Statue of Liberty was brand new. It’s no surprise that over the years the Crescent has become a popular ghost hotspot.
Room 419 and the Legend of Theodora
One of the best ghost stories from the Crescent is about a hotel denizen named Theodora, who’s known to appear as an old woman outside of room 419. Guests who stay in that room have noticed things move around the room seemingly without an explanation and their are even accounts of items being neatly packed up or the room being tidied during times when housekeeping wasn’t schedule. It doesn’t sound too bad, until you learn about Theodora’s back-story.
Theodora’s tale starts in 1937 with an ambitious businessman named Norman G. Baker. Upon discovering a cure for cancer, Baker decided to repurpose the Crescent as a specialty hospital to treat cancer patients.
The Cure for Cancer… False Hope
Unfortunately, Baker’s “cure” consisted of nothing more than injecting patients with benign substances like water, corn silk and clover.
The hospital obviously wasn’t very successful in healing patients, but as a money making scheme it was amazing. The Baker Cancer Hospital even helped revitalize the local economy while making Baker himself over $4,000,000 in the process. Unfortunately for the con-man, the government was able to shut him down. In 1940 the courts declared Baker’s cure a “pure hoax.” and sentenced him to 4 years in prison.
The injustice of people dying believing they were receiving cutting edge treatment while a charlatan becomes a multi-millionaire sounds like a perfect recipe for haunting.
So where does Theodora come into all this? While her exact connection to the hospital isn’t clear, some people say she was one of Baker’s patients, others say she was nurse. What is clear is that she was at the hospital while it was a cancer ward and that she was known as a very neat, organized and clean person.
What’s in an OCD Ghost?
This takes us back to Theodora’s OCD habits. Why would a ghost be obsessed with cleaning? Perhaps it was Theodora’s way of dealing with the helpless nature of terminal illness. Maybe tidying up gave her something she could control in a world where most things felt completely beyond her control.
Either way, knowing that the Crescent once served as a place that profited off of people’s desperation s a truly creepy concept.
So if you’re ever staying in room 419 don’t be afraid if you’re room looks a little nicer than you left it, just let Theodora know that you don’t want any trouble… and if you’re an oncologist, you might want to avoid room 419 all together.
https://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpg00mcconnellmwhttps://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpgmcconnellmw2015-10-30 19:18:072019-07-02 15:15:18A GHOST STORY FROM AMERICA’S MOST HAUNTED HOTEL
As hospitality marketers, we have a soft spot for independent hotels. While there’s nothing wrong with multi-property brands, independent hotels often have a lot more freedom when it comes to being creative in their marketing efforts.
Anyone who appreciates independent properties is in luck this year, as the Independent Lodging Congress, an annual gathering of independent hotel professionals, will be presenting the first ever INDIE Awards!
The INDIE Awards, which are planned to be an annual tradition, are designed to recognize outstanding achievement in the independent hotel sub-industry. This year’s Independent Lodging Congress takes place October 21st–23rd at the High Line Hotel. The INDIE Awards will be presented on October 22nd, from 4:30pm to 6:30pm as part of the conference.
Nominees for the awards were accepted until July of this year, at which point the event organizers narrowed the entries down to 5 finalists for each category. The winners will be chosen from those finalists based on online voting from “anyone with an email address” according to the event’s website.
INDIE Award Categories:
• Best of the Best in Independent Lodging
• Innovative Hospitality Design
• Best Hotel Bar or Restaurant
• Best Digital Marketing Campaign
For more information about the INDIE awards, including a list of award finalists, be sure to check out the awards homepage. You can also follow the independent hotel Congress on Facebook and Twitter.
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With just a few weeks to hang on to, summer is pretty much over. This time of year is always a busy season for hospitality and 2015 was no exception. If you were too busy accommodating guests to pay attention to industry news this summer, get caught up with these big stories from the lastfew months:
The U.S. Hit 5 Million Hotel Rooms
The number of hotel rooms in the United States hit a milestone figure this summer breaking the 5 million room barrier according to an industry survey conducted by STR. In 2008 room growth was stalled at around 4.5 million, but since that point growth has been steady at about 5,600 new rooms per month. Additionally, revenue per available room has increased for 64 consecutive months year-over-year.
Past milestones for hotel room quantity include 3 million rooms in 1987 and 4 million in 1999. Though the number 5 million by itself doesn’t mean much, the growth involved in reaching it shows the industry is in great shape.
A Hospitality Industry Veteran was Appointed CEO of Trump Hotel Collection
For the first time in its history the luxury hotel section of the Trump Organization has a non-family member in charge. Hospitality industry veteran, Eric Danziger was appointed CEO of the Trump Hotel Collection this summer.
Danziger is a well-respected and award-winning executive with 45 years of experience. He’s also had a career that sounds like a perfect model of the American dream. Danziger started out in hospitality working as a bellman at a luxury property when he was a teenager. From there he worked his way up the corporate ladder until reaching his current status.
Danziger’s resume includes roles as CEO of Wyndham Hotel Group and most recently CEO of Hampshire Hotels Management.
We Said Goodbye to Hotel Chatter
The hotel news website, Hotel Chatter was discontinued this summer. Though it’s not going to affect the industry, we thought this story was noteworthy because hotel nerds like us are pretty upset to see such a great source of information go. There is some consolation for industry news hounds however. Though Hotel Chatter will no longer be available in its current form, the site’s content is being integrated into parent company Condé Nast’s Traveler website. You can still visit HotelChatter.com to view older articles.
Sheraton Unveiled “Sheraton 2020” Brand Plan
It’s no secret that Starwood Hotels and Resorts has been struggling recently compared to other hospitality mega-companies. After the resignation of CEO Frits van Paasschen in February and speculation about a potential sale of the company, a revamp of their largest brand comes as no surprise.
Sheraton 2020 is a 10 point plan to turn the Sheraton brand around. Some of the most interesting concepts include: new brand positioning, a launch of “Sheraton Grand” and opening 150 new properties in the next 5 years.
But before any of those major strategic initiative could take effect Sheraton took a small step towards progress with the unveiling of a new website in June.
Airbnb was Valued at 25.5 Billion After Latest Round of Funding
Airbnb, the disruptive company that makes it easy for people to rent out their homes on a short term basis, improved their position as a legitimate threat to the hotel industry after their most recent capital influx. After acquiring about $1.5 billion the companies valuation is up to 25.5 billion.
To give that context, Hilton, Marriot and Starwood, the major players in hospitality, are currently valued at 27.6 billion, 20.9 billion and 14 billion respectively. It looks like everyone can stop wondering if this Airbnb thing is just a trend.
What was your favorite hospitality related news story of the summer? Let us know in the comments section below?
https://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpg00mcconnellmwhttps://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpgmcconnellmw2015-08-14 16:39:552019-07-02 15:15:54THIS SUMMER IN HOSPITALITY: THE BIGGEST NEWS OF THE LAST FEW MONTHS
What’s more exciting for an industry than the latest technology? Improvements designed to make things easier, increase profits or revolutionize business usually come in the form of technological advances.
One of the hotel industry’s biggest expositions of new technology is HITEC or the Hospitality Industry Technology Exposition and Conference. We visited the conference for the first time this year and saw some really cool stuff on the trade show floor, here are 6 of our favorites!
1. There’s more than one way to unlock a door.
Knowing your door is securely locked is fundamental to being comfortable in a hotel room.
That’s probably why we saw so many companies specializing in door security and unlocking at HITEC. Everything from smartphone enabled doors, traditional keycards and even biometric scanning options were well represented at this year’s conference.
But besides security, the process of door opening is a big part of a property’s personality. Using a key to open your room at a small scale boutique helps create a much different experience than using your phone to open it at a massive resort.
With that in mind, and being the hotel marketers that we are, one of our favorites in this category was a hospitality equipment company called Hotek who not only provided advanced security solutions for door opening, but made them look really nice as well!
2. Hospitality, there’s an app for that.
Another major tech trend well represented at HITEC was app development. The popularity of smartphones and familiarity with the concept of apps means more and more guests will be expecting their hotel to have one.
Though major hospitality conglomerates like Starwood and IHG provide apps for their various brands, there is still a huge market for smaller properties looking to get their own.
3. Customization is king.
This mock hotel room even included a bed!
Giving guests easier access to room customization is making hotel rooms look like something from a science fiction movie. With automatic blind controls from your bedside, temperature adjustments and easy music and entertainment selection, expect the phrase ” smart hotel room” to become a buzzword over the next few years.
Guests could control their rooms temperature and music with this phone’s touch screen.
One of the more notable companies in this segment we saw was Control 4 whose exhibit floor mock-up room really caught our attention.
4. Not your father’s revenue management software.
There was something for everyone at HITEC, even the often under-appreciated revenue manager! Not every advance in technology is a shiny gizmo or sci-fi gadget. Sometimes it’s improvements to the nuts and bolts of an operation that make the biggest difference.
For revenue managers, new software is taking the guess work out of determining pricing. More focus on analytics and algorithms to find the perfect price at the right time means hoteliers can expect more booked rooms when demand is low and more profit when they are booked solid. We attended a short seminar by a company called Duetto who specializes in this type of thing, be sure to check them out if you’re looking for a new revenue management solution!
5. Proximity Marketing, revolutionary or fleeting?
Signal 360 delivered an interesting tech talk on their specialty, “proximity marketing”. Basically, they provide beacons that enable a hotel’s app to send targeted and ultra-relevant messages to guests based on their location.
Imagine walking over to a hotel bar and automatically being pushed information about their drink specials for that night. Or, as you leave the property you’re given information about local events, places to eat etc. Right now it’s hard to tell if proximity marketing is going to be a passing fad, or something that revolutionizes how hotels communicate with guests, but we hope we get to visit a property that uses it!
6. Magic.
We’re pretty sure this is technology is powered entirely by belief and fairy dust.
Sci-Fi writer Arthur C. Clark once famously proclaimed that “any sufficiently advanced technology is indistinguishable from magic.” And that’s pretty much what visiting NEC’s booth was like. In terms of sheer wow-factor, they really stole the show.
One of the first things that caught our attention was a piece of technology (we’re not sure what to call it) that enabled users to interact with projected images on a table as though it were a touch screen (video below).
They also showed off a digital concierge who could recognize you and answer questions. The facial recognition software even went further and could not only recognize VIPs when they entered a hotel lobby but also recognize faces and estimated age and gender.
I for one, welcome our new digital concierge overlords.
There are some pretty exciting tech trends going on in the world of hospitality. Leave us a comment with the one you’re most excited about!
https://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpg00mcconnellmwhttps://mcconnellmarketing.com/wp-content/uploads/2019/06/McConnellMarketing_Medium-01.jpgmcconnellmw2015-06-25 15:31:112019-07-02 15:16:066 EXCITING NEW TECHNOLOGY TRENDS IN HOSPITALITY
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