In this episode Alexi and Katherine catch up with Elaine Simon of Hotel Management to review the positive impact the vaccine news is having on the hospitality and travel industries. Alexi asks "Is it better to be lucky or good right now?"
They take a look at results from the big brands such as Marriott and Hilton and how consumer behaviour is changing the big players stake in the market. Just how much can the brands rely on the success seen in China, will it be enough to keep them out of trouble?
Will investors now look to the extended stay market as not just an alternative asset but a core asset alongside hotels?
The team discuss Airbnb, and Elaine dives into how valuable the extended stay sector is for the hospitality industry with a spotlight on the US.
Also looking to REITs and the brand/operator relationships. There has always been friction here, was it just a matter of time before this became a bigger conversation? Will they be saved by the vaccine?
Join us for a thoroughly engaging discussion and debate on the latest hospitality developments.
You can view the wrap up edit here and also the full interview with guest Jonathan Falik here.