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Mitigating Spa and Wellness Investment Risks | By Mia A. Mackman
Spa and Wellness program structures fall into a wide range of performance categories and operating models. For hotels, there are multiple applications that include combinations of relaxation, well-being and treatment-based sessions. While some of the newest and popular trends include features centered on health and lifestyle; there are often wide gaps between drive, delivery, and financial return. Having an acute understanding of how spa and wellness features intersect with perceived value and profitability percentages, conveys important impacts on asset performance, momentum and risk. Spa and Wellness structures that deliver long-term value and execute well are shaped commonly by three things successful integration, economic performance and a core company mission. It's common to see activities like yoga, mindfulness meditation and forest bathing in the wellness fold. However, understanding how these activities contribute to the total revenue ratios of the property is key to increasing RevPAR and fostering a preeminent and thorough return on investment. It's also pertinent to understand the demographics, customer profile and central selling points of the hotel or resort.

HVS Hotel Cost Estimating Guide
HVS Design and Jonathan Nehmer + Associates (JN+A) are proud to announce the completion of the 2018 Hotel Cost Estimating Guide. The Guide is a comprehensive listing of capital expenditure construction and FF&E costs for hotel renovations in the USA.

The Annual HVS Asia-Pacific Hotel Operator Guide 2018 – Excerpt
The publication continues to serve owners as a reference for which operator has a strong presence in their home market and in potential future markets further ashore as well as key feeder markets across the region.
     
News from Travel Industry Wire
ARC Finds Air Travel Strong for Summer 2018
Cancun Tops Air Tickets Sales Again for U.S. FlyersNational Airlines Council of Canada CEO Responds to Study on Taxation of Air Travel
Airline Council CEO: Aviation User-Pay a Hidden Tax on Middle ClassClimate-friendly Initiatives and Actions Essential for Tourism, Says UNWTO
The Secretary-General of the World Tourism Organization (UNWTO), Zurab Pololikashvili, called for the tourism sector to take more action to combat climate change and biodiversity loss during the 30th joint meeting of its Commissions for South Asia and Asia-Pacific in Fiji (18-20 June 2018).IATA - Slot Allocation Achieves Unprecedented Choice and Competition in Europe
The International Air Transport Association (IATA) provided evidence that the current system for allocating capacity at Europe's airports is benefiting consumers with greater choice and expanded connectivity.HKIA to Host ACI Annual World and Asia-Pacific Assemblies in 2019
Hong Kong International Airport (HKIA) announced that it will be the host airport for the 2019 Airports Council International (ACI) Asia-Pacific/ World Annual General Assembly, Conference & Exhibition (WAGA). Expected to attract more than 1,000 airport and industry leaders from around the world, the two prominent international and regional assemblies will take place from 2-4 April 2019.
     
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