‘Our Serviced Residences deliver a higher efficiency in operations compared to our peers’

Key Take Away

While hotels are hit hard by the lockdown, Serviced Apartments continue to survive on the base of their long-stay guests. Operators like Ascott Limited, highlight this advantage to asset owners and prospective investors

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators.

ET Hospitality World spoke to Supriya Malhotra, Area General Manager of Ascott Chennai cluster to understand the business and how Serviced Apartments are better placed than regular hotels in the Covid-19 crisis.

For More Information:

https://hospitality.economictimes.indiatimes.com/news/hotels/our-serviced-residences-deliver-a-higher-efficiency-in-operations-compared-to-our-peers/75466391

Latin America’s Hotel Construction Pipeline Remains Sluggish at the Close of the First Quarter of 2020

In the recent Latin America Hotel Construction Pipeline Trend Report, analysts at Lodging Econometrics (LE) state that the total construction pipeline stands at 702 projects/124,050 rooms, down 2% by projects and up less than 1% by rooms, year-over-year (YOY).

In the first quarter of 2020, 22 new hotels/3,825 rooms opened throughout Latin America, while new project announcements into the pipeline recorded a new all-time low of 36 projects/3,596 rooms

Mexico leads Latin America’s construction pipeline with 222 projects/40,639 rooms. Next is Brazil, standing at 137 projects/22,607 rooms. Peru follows with 41 projects/5,702 rooms; Colombia is next with 36 projects/5,899 rooms and then the Dominican Republic with 33 projects/8,105 rooms. Collectively, these five countries account for 69% of the rooms in the total pipeline.

Cities in Latin America with the largest pipelines include Lima, Peru with 31 projects/4,691 rooms; Mexico City, Mexico with 26 projects/4,358 rooms; Cancun, Mexico with 23 projects/11,234 rooms; Sao Paulo, Brazil with 18 projects/3,294 rooms; and Guadalajara, Mexico with 18 projects/2,302 rooms.

Top hotel franchise companies in Latin America’s construction pipeline are Marriott International with 129 projects/22,571 rooms, AccorHotels with 98 projects/13,049 rooms, Hilton Worldwide at a record high 88 projects/12,345 rooms, and InterContinental Hotels Group (IHG) with 61 projects/7,116 rooms. These four companies account for 54% of the projects in the total construction pipeline.

The top brands in the pipeline are AccorHotel’s Ibis brands with 67 projects/8,868 rooms, Hampton by Hilton with 25 projects/2,952 rooms and Hilton Garden Inn with 23 projects/3,189 rooms. These are followed by Marriott’s Fairfield Inn with 17 projects/2,489 rooms and IHG’s Holiday Inn Express with 17 projects/2,075 rooms.

COVID-19 did not have a full impact on first quarter 2020 Latin America results reported by LE. Only the last 30 days of the quarter were affected. LE’s market intelligence department has and will continue to gather the necessary global intelligence on the supply side of the lodging industry and make that information available to our subscribers. It is still early to predict the full impact of the outbreak on the lodging industry. 

Tamarack Resort Announces Plan for Phased Reopening Beginning May 16

In accordance with Idaho Rebounds, Gov. Brad Little’s guidelines for opening up Idaho, Tamarack Resort has received approval from Central District Health for its phased reopening beginning on Saturday, May 16.

The phased approach prioritizes the health and safety of employees, guests, and homeowners while resuming dining, lodging, and recreation-based activities.

Starting May 16, Tamarack will resume its dining and lodging services and will also open its meadow hiking and biking trails for complimentary use while encouraging appropriate social distancing. Tamarack’s recently opened retail outlets, including the Clearwater Coffee Shop and Village Market and Deli, will also reopen with enhanced health and safety protocols. Construction on The Village at Tamarack will resume, including real estate tours of the Village residential units and the real estate gallery. Additional activities will resume on the following dates:

• May 21: Scenic lift rides on Tamarack Express

• May 22 (Memorial Day Weekend): Waterfront Cabana motorized & non-motorized boat rentals

• May 28: Lift-served mountain biking (dependent on mid-mountain snow melt)

• June 6: Tamarack Zipline Tours (dependent on mid-mountain snow melt)

• Mid-June: Guided whitewater rafting trips on the Cabarton stretch of the North Fork of the Payette River.

For all recreation updates, guests are encouraged to visit TamarackIdaho.com for the latest days and hours of operations, and to pre-book excursions.

Several of Tamarack’s new protocols and procedures across the resort will include:

• COVID-19 training for employees pursuant to Central District Health (CDH), Centers for Disease Control and Prevention (CDC) and Occupational Safety and Health Administration (OSHA) guidelines

• All employees will receive daily temperature checks and be provided gloves and masks to wear during interactions with the public

• Enhanced cleaning and sanitizing of all high-touch surfaces, lodging properties, and recreation equipment

• Installation of Plexiglass dividers at all point of sale locations

• Hand sanitizing stations located throughout the resort, including all high traffic areas, elevators, and entry ways to main buildings

• Signage and markers to support all social distancing guidelines

• Limiting the number of guests inside dining, reception, and ticket areas

• Use of one-time menus in dining establishments

• Use of touchless card readers for transactions

• Complimentary masks available for all guests who forget to bring their own

  The resort encourages all guests planning to visit Tamarack and surrounding mountain communities in Valley County to respect new protocols in place at local businesses and recreation areas – by continuing social distancing, wearing a mask in public, practicing good hand hygiene, and staying home when feeling sic