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