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May 2018 Digital Issue

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ACCESS<br />

HAS<br />

CHANGED<br />

A LOT<br />

BECAUSE<br />

OF GPS<br />

clubs like amenities that<br />

both leisure and corporate<br />

travellers are looking for.<br />

So, we are starting to see<br />

what kind of hotel they<br />

want to build being a first<br />

step in site selection.”<br />

From there, a supplyand-demand<br />

analysis will<br />

determine if there’s enough<br />

demand in the market<br />

to support a new hotel<br />

development, which would<br />

typically be done through<br />

a feasibility study. “One of<br />

the top factors would be<br />

who is going to be putting<br />

their heads in the beds,”<br />

says Sparrow. “In terms of<br />

demand generators, they<br />

would look at the local<br />

business area, tourist attractions,<br />

industrial parks,<br />

universities, airports and<br />

major throughways, in<br />

terms of traffic.”<br />

Rich Eichler, a Calgarybased<br />

hotel-and-tourism<br />

consultant, agrees that<br />

proximity to demand<br />

generators is key, along with<br />

visibility, proximity to major<br />

transportation quarters and<br />

potential for growth in the<br />

surrounding area of the<br />

site. Eicher says number-5<br />

on his list — access to the<br />

site — would have been<br />

much higher five or 10 years<br />

ago. “Access has changed<br />

a lot because of GPS,” he<br />

says. “You might see a hotel<br />

from a highway, decide to<br />

go there, and then have<br />

all kinds of difficult access.<br />

With GPS giving precise<br />

directions on how to get<br />

there, guests don’t have to<br />

worry about it as much.”<br />

Visibility is also falling<br />

further down the list<br />

as consumers are using<br />

mobile devices to map<br />

their locations, says<br />

Carrie Russell, partner<br />

and managing director at<br />

HVS’s Vancouver office.<br />

“Visibility used to be really<br />

important, especially for<br />

a walk-in location or a<br />

highway location,” she says.<br />

“But, nowadays, people are<br />

booking on their mobile<br />

devices, punching the hotel<br />

name into their GPS and<br />

being guided by Google to<br />

get there. So, it’s less important<br />

to be visible or accessible<br />

than it used to be.”<br />

Along with the rise<br />

of technology, changing<br />

traveller demands may<br />

necessitate a rethink of<br />

the site-selection checklist.<br />

Today, business and leisure<br />

travellers alike are looking<br />

to experience vibrant<br />

neighbourhoods and<br />

CBRE Hotels is the most comprehensive provider of professional hospitality services in<br />

Canada, displaying thought leadership and industry expertise through a combination of<br />

brokerage, advisory, appraisal and valuation services across all asset types and geographies.<br />

Toronto 416 815 2371<br />

Vancouver 778 372 1941<br />

www.cbre.ca

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