Hotel Market Day 2018
Pandox Hotel Market Day 2018 was held on Tuesday November 20, 13:00 CET at Hilton Stockholm Slussen
Urbanisation and the hotel sector
Today, a new form of urbanisation is happening in the world. The number of big cities are growing and they are growing in size too. Having been primarily connection points for logistics (often by the ports) and manufacturing, they have evolved into dynamic meeting places accounting for a major share of innovation of new technologies and business models. The vibrant social structure is feeding this change. Furthermore, the dynamics of the world economy is to a large extent founded on the interplay between networks of companies and individuals in which large cities form part.
Big cities are powerful hubs in a world of increasing travel where people go to experience the atmosphere and the enjoy the vast commercial and cultural offering.
The growth of big cities has created several problems. Real estate prices and cost of living have increased and made it expensive for many individuals and families to live in a large city. In some parts of the world poor people are facing an economically and socially vulnerable life when moving from rural areas to large cities.
As big cities have developed as tourist destinations, the pressures on the local infrastructure and the urban environment have increased, often at the inconvenience of both locals and visitors.
For regional and smaller cities, the situation is more mixed. There are many cities that are economically dynamic and of interest to all types of travellers. But there are also stagnant cities. How the patterns look is an important ingredient in understanding the urban landscape.
For the hotel sector, it is important to understand the urban dynamics as it lays the foundation for the sector's growth. Knowledge of the value development of hotel assets and the profitability of concepts and hotel types in different types of cities are other important issues.
These are the talking points of the Pandox Hotel Market Day 2018.
PROGRAM
Pandox Hotel Market Day
20th November 2018 at
Hilton Stockholm Slussen.
13.00 – 13.05
Bengt Brodin, Moderator
13.05 – 13.50
13.50 – 14.35
Leo Johnson Partner, Disruption Lead, PwC UK
15.05 – 15.45
Jeremy Kelly, Director Global Research Programmes, JLL
15.45 – 16.15
Jacob Rasin, Director of Business Development, Pandox