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At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
Hersha's Ashish Parikh on the KSL Capital Partners deal
Learn more about Hersha Hospitality Trust’s move from being a publicly traded real estate investment trust to a privately held part of KSL Capital Partners’ portfolio, including key drivers for the transaction, how well the two organizations are fitting together and insights on whether these public-to-private transactions could be the beginning of a trend.
Size is becoming increasingly critical in the hospitality industry’s competition for investor dollars. Companies planning to meet this challenge with a merger must have strong business intelligence capabilities and will benefit from tools such as a data analytics dashboard that enables filtering by property type, chain scale and other metrics to provide clarity and a more precise visual presentation of performance.
Gencom’s Donald McGregor on their vison, strategy and portfolio
Gencom’s core luxury hotels and mixed-use business take a vertically integrated approach to services such as transaction structuring, in-house design, construction and development, capital structuring and asset management. Learn more about Gencom’s strategy, properties, geographic footprint and major brands.
As the hotel industry continues to evolve, so should a company’s acquisition strategies. Capital investment strategies, for example, need to enable the experiences that today’s luxury hotel guests now expect. Companies must consider acquiring properties that align with emerging trends to attract a growing demographic of sophisticated travelers. Leveraging data analytics to understand consumer preferences and behaviors can inform targeted acquisition strategies, ensuring that investments are made in properties that will resonate with the evolving expectations of luxury travelers.
Wyndham's Kurt Albert on the ECHO Suites launch and global market growth
An increasing number of hospitality organizations are focusing on travelers with longer average lengths of stay and expanding into extended stay hotel brands. Learn more about Wyndham’s new ECHO Suites Extended Stay brand and how things are going thus far, as well as perspectives on the Wyndham organization’s international growth.
For hospitality companies, transforming to meet the needs of customers and communities starts with gaining clarity into what their customers want. The use of data analytics can help determine the right strategies and solutions, such as growing an existing portfolio by adding a new category of hotel; expanding into international markets; enhancing an e-commerce platform; or properly locating, developing and managing new construction.