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Podcast: No Vacancy Live!
Episode: Why RevPAR Isn't Enough for Most Hotel Owners — and What to Do About It
Description: The gap between luxury hotels and everyone else keeps getting wider — and ignoring it won't make it shrink. Suraj Bhakta, CEO & Chief Legal Officer of NewGen Advisory, and I spoke on #NoVacancyNews about what's driving that divide. More important, we talked through actionable insights owners outside the luxury segment can actually implement. Suraj and I get into why upper upscale and #luxury continue to separate from the pack, how price sensitivity hits other segments harder, and why relying on rate alone only goes so far. We also talk through practical ways owners are looking beyond Re...