CostaTerra Golf & Ocean Club’s Post

Check out this great article written by my colleague, Robert Fitzpatrick, M.S., CHIA highlighting Albany's market outlook and how the industry there is shaped through being a government and technology hub.

With the #hotel #budgetseason underway, it is time to make your #investment decisions for 2024. If you’re relying on #ORMs, #socialmedia, review websites or guest interviews, you could be in trouble. “But why?”, you may ask yourself, as these sound like reliable and huge #data sources. Because the approaches above are fatally limited by issues of anonymity, irrelevance, unreliability and more… For a detailed exploration of those problems, as well as a solution for making sound decisions, you can download Dr. Michael Toedt's last whitepaper “Make smarter investment decisions for your hotel this budget season”, for free! https://lnkd.in/eqJU-59J

🧠 Meet the Masterminds Behind Your News: Our Esteemed Editors! ⌨ At IHM, we believe in a balanced diet of news 🥗 – the good, the bad, and the need-to-know. That's why we have a team of exceptional editors who curate the most impactful stories across different sectors. Our Expert Editors: 🍒 George Sell: Overseeing the international media publishing landscape, George keeps you informed on the latest trends and developments in the ever-evolving world of living and the converging sectors of hospitality/real estate >> https://lnkd.in/eZb45xBE https://urbanliving.news/ 🍊 Paul Stevens: A specialist in the dynamic world of short-term rentals, Paul delivers insightful news and analysis on the ever-changing industry of Short Term Rentalz >> https://lnkd.in/dH8y7Yr 🍇 Eloise Hanson: With a keen eye for detail, Eloise delves into the exciting realm of hospitality, heading up boutique hotel news and serviced apartments. Trust her to share the latest news and trends in this thriving space >>https://lnkd.in/dd2EZNK Together, our editors ensure you receive comprehensive coverage – from the industry's triumphs to the challenges it faces.📇 Why Trust Our Editors? 🧓 Experience: Our editors are seasoned professionals with a deep understanding of their respective fields. 🖊 Objectivity: We deliver unbiased reporting, presenting you with all sides of the story. ✴ Value: We curate news that is relevant and insightful, saving you valuable time. Stay informed and empowered by the news that matters. #TrustedNews #IndustryLeaders #YourNewsDiet #Urbanlivingnews #Servicedapartmentnews #boutiquehotelnews #shorttermrentalznews #vacationrentalz

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Interesting article on key aspects and challenges of the current M&E landscape

"Are you playing dice with your hotel investments this year? If you’re basing financial decisions on online sources such as ORMs, Social Media and Review Websites, I’m afraid the answer is ‘yes’! Guest interviews and basic, generic surveys won’t do you much good, either. Why? Because the data is unreliable, often anonymous and even more often, irrelevant." Pretty provocative statement, right?😧 But also intriguing, because what then? What should you the hotelier be looking at? Find out in our latest white paper - available to you here, at no cost👇

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