The Influence of Mobile Devices to the Hotel Industry

Hassle-free, quick and efficient hotel booking – those are what hotel mobile apps are offering nowadays. So far, mobile devices are currently providing the best solution for faster processing of hotel reservations. Recent surveys revealed that more travelers are willing to use mobile devices to book a hotel room.

In 2013, an average of 1 of 3 individuals admitted to have made reservations online with a mobile device. This year, a research made by Chadwick Martin Bailey tells us that over 60% of 2,000 travelers used a mobile device to plan their vacation, 45% of them used smartphones but only 6% used their smartphones to book a hotel.

Looking at a different angle, although social media is active in helping consumers plan their hotel stay, only 13% of the participants ended up making reservations through social media. On the other hand, 59% made reservations after consulting the consumer review. This proves that consumer reviews have more impact to travelers than social media does.

Even price comparison sites are popular to modern travelers. 49% took advantage of sites like Expedia, Kayak and Priceline. 36% decided to book a hotel with these sites.

The senior VP of CMB’s Travel and Hospitality practice, Judy Melanson, states, “There’s no shortage of information available to travelers as they plan and book hotels for their vacations. We know their path involves multiple sites and sources of information. The challenge for hotels is to decide how to align their marketing budgets to best intercept potential travelers —delivering desired content on the appropriate device and through the right channels and partners.”

After U.S. made $16.36 billion through digital travel sales in 2013, the hotel industry is expecting to make $26.14 billion at the end of 2014. Going further, it is estimated that mobile travel sales will amount to $64.69 billion in 2018.

The number of travelers who want a simpler hotel reservation process continues to grow. It is clear that mobile devices, mobile apps and the hotel industry go hand in hand to succeed.

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

US Experiences 5% Increase in 2014 Hotel Rates

For the hotel industry, the first half of each year is worth celebrating. The Super Bowl, spring break, graduation and Memorial Day – these are some of the main reasons why hotels make huge revenue in the beginning of every year.

Hotel Pricing Index is based on bookings made on Hotels.com sites and provides a regular report on global hotel pricing. Just the first half of this year, it shows that the average price per room, per night in the U.S. increased by 5% compared to the same period last year. With the index hitting 118, 2014 nearly hits an all-time high.

This sounds like a good news, but this rate is slightly lower compared to the rates in recent years, according to Taylor Cole, a spokesperson for Hotels.com North America.

She also added, “We’re trending towards pre-recession prices and travelers are getting more confident with the economy. New construction, availability of supplies and oil drilling can definitely have an impact on hotel prices.”

In the U.S., 47 out of 50 cities are experiencing increased year-over-year. Nashville, Tennessee is at the top of the list. This year, the Nashville airport’s annual passenger increased by 6%. The growing demand caused by various events in Nashville like the CMA Music Festival encouraged the increase in hotel rates. The Music City, for example, just had a 20 % increase, which is equivalent to $164 per night.

San Francisco and Seattle also experienced a 12% increase and their rooms currently cost $208 and $180/night respectively.

Las Vegas, travelers’ favorite destination, is one of the many cities with an average rate below $137. Cole says, “The $137 average could be due to guests upgrading rooms. Prices are going up, but there are still some great deals to be had in larger markets, especially if you check the surrounding suburbs.”

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Mobile Technology – The Key to Smart Hotels

Imagine yourself entering a hotel room and finding yourself smiling to a cozy ambiance that feels so welcoming, an environment that you have personally customized for your stay. Nowadays, smart hotel rooms are giving us a glimpse of great possibilities that the travel industry can offer in the future.

Although a few technologies are already available to make traveling more convenient, hotel industries are still looking for ways to improve their services using modern technology. Even small businesses are competing to develop smart hotel rooms that their digital-savvy guests would surely enjoy.

Mobile technology proved to be helpful to the hotel industry and it can’t seem to stop developing. This enabled different properties to create their own smart hotel rooms. Because travelers always have their smartphones with them, hoteliers made sure they impress their guests by making them feel that they are in control.

For example, some hotels install amenities that can be controlled by a smartphone app. Others let their guest make reservations, set the room temperature and light settings, as well as choose a TV channel they want streaming before their arrival by just using their mobile phones. Just recently, a new mobile app that allows travelers to control their hotel doors was launched.

It sure is not easy for hotels to remove all the old items and replace them with more interactive ones. But because luxury is now the new standard, this is an opportunity for hoteliers to become creative and embrace the mobile technology, the way travelers did.

By taking advantage of the unending capabilities of mobile technology, the hotel industry is slowly developing an environment where their guests will feel at home.

Posted in Uncategorized | Tagged , , , , | Leave a comment

Chatham Lodging Acquires Hyatt Place Downtown Pittsburgh

Hyatt Place Downtown Pittsburgh on The Hotel Inventory
Hyatt Place Downtown Pittsburgh

PALM BEACH, FL—Chatham Lodging Trust has completed its acquisition of the 178-room Hyatt Place Pittsburgh/North Shore in Pittsburgh, PA.

The property, which opened in December 2010, was purchased for $40 million, in addition to customary pro-rated amounts and closing costs.

Island Hospitality Management manages the hotel. The purchase was funded with borrowings on Chatham’s secured revolving credit facility and a 10-year, $24.2 million fixed rate, first-mortgage loan provided by Barclays Bank, plc.

Posted in the hotel inventory | Tagged , | Leave a comment

ABVI Introduces iPhone App

Americas Best Value Inn iphone App on The Hotel Inventory
Americas Best Value Inn iphone App

CLEVELAND, OH — Americas Best Value Inn, along with its sister brands, Canadas Best Value Inn and Value Inn Worldwide, has launched its free iPhone mobile app.

The app has been designed to be user-friendly, providing the key functionality needed by customers looking for hotel accommodations while on the road.

The app’s key features allow travelers to find the nearest hotel to their current location, book a room and navigate to the hotel using GPS functionality. It also has features that allow users to touch to call hotels directly and view hotel information, amenities, accommodations, photo galleries and virtual tours.

“Research shows that one in five travelers in 2014 will book on their smartphone or tablet and most of those will select a hotel within 20 miles of their current location,” noted John Burkard, VP of distribution and technology for Vantage Hospitality Group.

Posted in the hotel inventory | Tagged , , , | Leave a comment

Holiday Inn Express & Suites Wichita Airport Sold

Holiday Inn Express & Suites Wichita Airport Sold on The Hotel Inventory
Holiday Inn Express & Suites Wichita Airport

WICHITA, KS—Hunter Hotel Advisors recently announced that it closed on the sale of the five-year-old, 84-room Holiday Inn Express & Suites Wichita Airport.

Hunter represented TNJ Group as the seller, and arranged the sale of the asset to KAJ Hospitality, which also owns two other IHG properties in the local market. “This is a strong performing asset that is positioned to reap the benefits of the strengthening Wichita economy,” said Marilyn Cox, VP of Hunter Hotel Advisors.

Brown Kessler, VP of Hunter Hotel Advisors, and Cox handled the transaction for Hunter.

The Holiday Inn Express & Suites Wichita Airport is located north of Wichita Mid-Continent International Airport on West Kellogg Ave. and west of Interstate 235 and downtown Wichita. It is situated near numerous companies in the aviation sector and near several regional attractions, including Botanica Gardens, Town West Mall, Museum of World Treasures and Exploration Place.

Posted in the hotel inventory | Tagged , , | Leave a comment

Arizona Hotel for Sale | Sleep Inn in Phoenix

Arizona Hotel for Sale on The hotel Inventory
Arizona Hotel for Sale | Sleep Inn in Phoenix

The Hotel Inventory is proud to announce a new Arizona hotel for sale listed by American Motel Hotel Brokers. The Sleep Inn is a 61 unit hotel located in Phoenix.

The Sleep Inn North hotel is conveniently located off Interstate 17, with easy access to the cities of Scottsdale and Sedona. This north Phoenix, AZ hotel is close to local attractions including US Airways Center arena, Chase Field ballpark and the University of Phoenix Stadium, home of the NFL Arizona Cardinals. This hotel has an excellent tourist and business repeat guest. Located at junction of I-17 and 101 Loop, this gives the hotel a great opportunity to serve northern Scottsdale and the tourist sites in Northern Arizona.

The Hotel Inventory is a third party marketing site. Though we do not doubt the accuracy of the information above, we have not verified the data obtained from the listing party. We can make no guarantee, warranty or representation about the property’s information. Futhermore, this post was added shortly after the addition of the property to our main site, www.TheHotelInventory.com. We will keep this post as updated as possible, but highly suggest that you visit the site to view the latest updates regarding this property including, but not limited to, the property’s availability, price, and any financial information that might be available.

The Hotel Inventory is a real estate marketing firm specializing exclusively in the hospitality industry. Founded in 2009, The Hotel Inventory has quickly become an irreplaceable, full-service, marketing tool for hotel professionals across the nation. With over 800 properties posted for sale and strategic lead generation services, The Hotel Inventory has assisted in tens of millions of dollars in hospitality transactions to date.

Posted in Arizona Hotel for Sale, hotel for sale, the hotel inventory | Tagged , , | Leave a comment

Iowa Hotel for Sale | Quality Inn in Council Bluffs

Iowa Hotel for Sale on The Hotel Inventory
Iowa Hotel for Sale | Quality Inn in Council Bluffs

The Hotel Inventory is proud to announce a new Iowa hotel for sale listed by Timm & Associates. The Quality Inn is a 89 unit hotel located in Council Bluffs.

Timm & Associates is a client-dedicated, entrepreneurial real estate brokerage firm that works exclusively in the sale of hotels. Our hotel properties for sale range from the small limited service properties to entire portfolios of hotels. We specialize and work exclusively on hotel sales in Minnesota, Wisconsin, Iowa, North Dakota, South Dakota and Nebrask

The Hotel Inventory is a third party marketing site. Though we do not doubt the accuracy of the information above, we have not verified the data obtained from the listing party. We can make no guarantee, warranty or representation about the property’s information. Futhermore, this post was added shortly after the addition of the property to our main site, www.TheHotelInventory.com. We will keep this post as updated as possible, but highly suggest that you visit the site to view the latest updates regarding this property including, but not limited to, the property’s availability, price, and any financial information that might be available.

The Hotel Inventory is a real estate marketing firm specializing exclusively in the hospitality industry. Founded in 2009, The Hotel Inventory has quickly become an irreplaceable, full-service, marketing tool for hotel professionals across the nation. With over 800 properties posted for sale and strategic lead generation services, The Hotel Inventory has assisted in tens of millions of dollars in hospitality transactions to date.

Posted in hotel for sale, Iowa Hotel for Sale, the hotel inventory | Tagged , , | Leave a comment

Wisconsin Hotel for Sale | Comfort Inn in Western Area

Wisconsin Hotel for Sale on The hotel Inventory
Wisconsin Hotel for Sale | Comfort Inn in Western Area

The Hotel Inventory is proud to announce a new Wisconsin hotel for sale listed by Timm & Associates. The Comfort Inn is a 75 unit hotel located in Western Area.

Timm & Associates is a client-dedicated, entrepreneurial real estate brokerage firm that works exclusively in the sale of hotels. Our hotel properties for sale range from the small limited service properties to entire portfolios of hotels. We specialize and work exclusively on hotel sales in Minnesota, Wisconsin, Iowa, North Dakota, South Dakota and Nebraska.

The Hotel Inventory is a third party marketing site. Though we do not doubt the accuracy of the information above, we have not verified the data obtained from the listing party. We can make no guarantee, warranty or representation about the property’s information. Futhermore, this post was added shortly after the addition of the property to our main site, www.TheHotelInventory.com. We will keep this post as updated as possible, but highly suggest that you visit the site to view the latest updates regarding this property including, but not limited to, the property’s availability, price, and any financial information that might be available.

The Hotel Inventory is a real estate marketing firm specializing exclusively in the hospitality industry. Founded in 2009, The Hotel Inventory has quickly become an irreplaceable, full-service, marketing tool for hotel professionals across the nation. With over 800 properties posted for sale and strategic lead generation services, The Hotel Inventory has assisted in tens of millions of dollars in hospitality transactions to date.

Posted in hotel for sale, the hotel inventory, Wisconsin Hotel for Sale | Tagged , | Leave a comment

North Dakota Hotel for Sale Kelly Inn on Main in Fargo, less than 3x multiplier

North Dakota Hotel for Sale on The Hotel Inventory
North Dakota Hotel for Sale | Kelly Inn on Main in Fargo

The Hotel Inventory is proud to announce a new North Dakota hotel for sale listed by Timm & Associates. The Kelly Inn on Main is a 133 unit hotel located in Fargo.

Timm & Associates is a client-dedicated, entrepreneurial real estate brokerage firm that works exclusively in the sale of hotels. Our hotel properties for sale range from the small limited service properties to entire portfolios of hotels. We specialize and work exclusively on hotel sales in Minnesota, Wisconsin, Iowa, North Dakota, South Dakota and Nebraska.

The Hotel Inventory is a third party marketing site. Though we do not doubt the accuracy of the information above, we have not verified the data obtained from the listing party. We can make no guarantee, warranty or representation about the property’s information. Futhermore, this post was added shortly after the addition of the property to our main site, www.TheHotelInventory.com. We will keep this post as updated as possible, but highly suggest that you visit the site to view the latest updates regarding this property including, but not limited to, the property’s availability, price, and any financial information that might be available.

The Hotel Inventory is a real estate marketing firm specializing exclusively in the hospitality industry. Founded in 2009, The Hotel Inventory has quickly become an irreplaceable, full-service, marketing tool for hotel professionals across the nation. With over 800 properties posted for sale and strategic lead generation services, The Hotel Inventory has assisted in tens of millions of dollars in hospitality transactions to date.

Posted in hotel for sale, North Dakota Hotel for Sale, the hotel inventory | Tagged , , | Leave a comment