Hot Type: JLL, Dusit, Extended Stay America, Salter Brothers

QUOTE OF THE WEEK
“I am grateful to those [women leaders in hospitality] who paved the way for me, and I recognize the level of responsibility that I have to continue to pave the way for the next generation to come.” – Gilda Perez-Alvarado, JLL Hotels & Hospitality, on accepting a new senior position with Accor  Read story

“We have two other projects in the pipeline now. But our property development must have a purpose – be it branded residences, senior living, wellness or startup living – where we can add more value and services. It’s not just about selling a unit but creating a recurring business wherever possible after the sale.” – Suphajee Suthumpun, Dusit International  Read story

“While we will continue to grow our branded portfolio of assets, we will also seek to provide our unique skills and capability to the broader hospitality sector in Asia Pacific. In Europe and the USA, third-party management is the predominant operational model over hotel management agreements, which exist in this part of the world. We expect this model to change over time and there to be a growing demand for this type of service in the Asia Pacific region.” – Paul Salter, Salter Brothers Hospitality  Read story

“We as an industry did a phenomenal job of holding rate… After 2008, we saw rate wars, but with the pandemic, everyone stayed in their lane and charged the appropriate pricing. I think one thing as we go forward and we keep talking about a potential recession, whether it’s this year or next year or maybe never happens… just making sure that we all stay in our lane and charge the price that’s appropriate for our segment and driving those ADRs.” – Liz Uber, Extended Stay America  Read story

“While everyone was fully ready to embrace the new normal last year, now we’re kind of going back to the old normal. We’re perceiving a little bit more of a seasonality, a cyclical nature of travel that we saw pre-pandemic.” – Misty Belles, Virtuoso  Read story