Hotel Management February 2014 : Cover

■ ➔ NEW SUPPLY.. pulse The Leading Hospitality News Authority Since 1875 Vol. 229, No. 2 | February 2014 A Questex Hospitality Group Publication 1 New York 6.4 percent ◾ 2 Nashville, Tenn. 5.1 percent ◾ 3 Austin, Texas 4.8 percent ◾ 4 Salt Lake City 4 percent ◾ 5 Natl. Avg. 4 percent ◾ U.S. hotel markets with greatest change in supply forecast change 2013 to 2014 Source: PKF Hospitality Research SEE PAGE 16 FOR MORE TRENDS & STATS ROUNDTABLE London GMs talk rate, trends and innovation By Ruthanne Terrero VP OF CONTENT/EDITORIAL DIRECTOR London’s hotel performance is showing signs of improvement, following a volatile 2013. In its UK Hotels Forecast 2014, PwC calls for better pricing power in London in 2014 and record revenue per available room. PwC anticipates London occupancy to grow to 82 percent this year and hit an ADR of £138.20. Hotel Manage-ment sat down with hotel directors and GMs in London at Th e Savoy to scope out trends. Ruthanne Terrero: What are your business priorities, coming off an Olympics year in 2012? Debrah Dhugga, Dukes: The most exciting Hotel Management gathered London hoteliers to forecast investment and operations trends. In attendance were (left to right) Louis Sailer, Café Royal; Kiaran MacDonald, The Savoy; David Morgan-Hewitt, The Goring; Debrah Dhugga, Dukes; Sylvain Ercoli, Bulgari Hotel & Residences and Andrew Thomson, Metropolitan by COMO. thing for Dukes is the investment our owners have been putting in over the last four years to take it up to the fi ve-star standard. Dukes was a very corporate hotel and I changed it. So now we’re getting top-end luxury, which we’ve never historically had. Certainly the leisure side See London roundtable | page 46 IHIF INSIDER A supplement to Hotel Management | February 2014 AN INSIDE LOOK AT EUROPE’S HOTEL ACTIVITY GROWTH | BRANDS INTERNATIONAL FOOTING FIND FRANCHISE INVESTMENT FUNDAMENTALS LINE UP IN EUROPE HOTEL INVESTMENT FORUM OF THE PUBLICATION FORUM THE OFFICIAL HOTEL INVESTMENT INTERNATIONAL PM 2/3/2014 2:36:46 ■ ➔ TRENDS & STATS. inside this issue SPECIAL REPORT. TECHNOLOGY. Energy management tips Systems and equipment around the hotel evolve to create energy and cost savings. PAGE 32 High demand, RevPAR affect NOI Most markets are still on the good side of the supply/demand ratio, according to PKF-HR. PAGE 16 2014 hotel brands survey Check out this year’s survey for the latest numbers for hotel brands across all segments. PAGE 20 BELKIS CARRASCO THE WORLD ACCORDING TO GLOBAL CEOS TRENDS The International Hotel Investment Forum comes to Berlin March 3-5. Turn to Hotel Management’s IHIF Insider supplement for expert insights into the hotel transactions climate in Europe and worldwide. Find out what markets are on the radar for investors and where franchise companies are targeting next. Connect with Hotel Management editors live from Berlin at and @HotelMgmtNet . IAN SCHRAGER ONE – on – ONE Hotel luminary gets due recognition at IHIF in Berlin See page 18

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