Quotes of the Week: Ennismore, TPG, Remington, T+L

QUOTE OF THE WEEK
“Ben’s [Pundole] creative leadership and deep understanding of hospitality will be key as he guides the brand into its next era. He will oversee thoughtful growth while further strengthening Delano’s position within the luxury lifestyle space.” – Sharan Pasricha, Ennismore   Read story

“The Latin America region continues to demonstrate resilience and growth potential. What we’re seeing is steady expansion driven by improving economic fundamentals, nearshoring trends, and Latin America’s increasing prominence as a destination for both leisure and business travelers.” – Bruce Ford, Lodging Econometrics   Read story

“The projected GOP growth of 2% to 6% [in Asia Pacific] reflects operators’ confidence in their ability to drive both revenue and operational efficiency improvements. With profit grow decelerating in many markets, owners must work much harder to unlock value in their assets and to drive performance uplift. Embracing innovation, adopting new technologies, and leaning into experiential and lifestyle trends are avenues to creating this uplift.” –  Xander Nijnens, JLL Hotels & Hospitality Group   Read story

“Traditionally, if you wanted to be adjacent, you are going to be challenged to do that, because the land really didn’t transact. What we’re [SI Resorts] seeing on many college campuses is a desire to have entertainment districts that are different than the entertainment districts that existed when I was in school. [They are] much more designed around not just students, but alumni activities, significant F&B presence and a significant hospitality presence. There is an opportunity to partner with universities to offer a different experience. Each university that we speak with is very interested in how they capture that… revenue opportunity for the sheer number of people coming.” – Geoff Richards, Travel + Leisure   Read story

“You must be scrappy to drive revenue and find the rooms any way necessary.” – Patrick Short, TPG Hotels & Resorts   Read story

“Whenever we see an [F&B] opportunity to make a change, we will at least try it. I would encourage operators to think from a guest perspective first, and then as an operator.” – Gabriel Perez, Indigo Road Hospitality Group   Read story

“Brands are happy to see us in the region.” – Matthew Grauso, Remington Hospitality   Read story

“The Inland Empire offers a compelling combination of corporate, leisure and group demand balanced against a manageable level of new supply.” – Michael Handy, Sonesta International Hotels Corp.   Read story