Problem
Watch the YouTube video "The State of Hotel Development, Design & Construction | Marriott, Omni, Highgate & Park Hotels" and answer the following questions:
A. Do hotels feel like they are in competition with AirBnb? Why or why not?
B. How are firms dealing with current issues and how are they impacting plans for future projects?
C. How did Park hotels manage their portfolio over the pandemic?
D. What are the biggest challenges and biggest opportunities in the owner-brand relationship?
E. Do the hoteliers see industry consolidation continuing and is it good for the industry?
F. What are the biggest areas of focus in environment, sustainability and governance (ESG)?
G. Which industry sectors/locations are they focusing your attention on and why?
H. What innovations can relieve the pressure of labour shortage? How are the shortages impacting hotel development?
I. How are hotels keeping up with ever evolving technology? How are guest expectations of technology shifting?
J. The panelists talk about what they think is the most fun part of their job is. Which one did you identify with the most and why?