Luxury Hoteliers Magazine 1st Quarter 2019 | Page 69

SPOTLIGHT An insider look at what Asset Managers are looking for when considering a new property. Romy shares how the industry has changed over the last ten years and how the experiential factor and the psychographics behind the decision- making process really matter. WHAT DO YOU BELIEVE ARE THE TOP 3 CRITERIA FOR A SUCCESSFUL HOTEL BRAND? 1. Clear and well-defined positioning 2. Distribution and customer-reach 3. Consistent ability to make an emotional connection with their consumers Perry Lane Reception ILHA 69