A Seat At The Table: What does investing in Technology mean?
We asked our IHIF AB does profit really matter?
Having reviewed how and if profit matters, the panel are now looking at how to sustain that profit by investing in technology.
But what does investing in technology mean?
Implementing seamless and touchless technologies is essential to boosting the health and safety of our guests now, while ensuring our luxury all-inclusive resorts remain profitable investments in a post-pandemic world.
Destinations that are primarily focused on the leisure market have been hit heavily by Covid-related travel restrictions, but institutional investors have taken note of the opportunities as the sector is expected to benefit from pent-up travel demand.
The cautious optimism that surfaced at the end of last year has been replaced by an acceptance that summer 2021 is going to be tough. This uncertainty is also playing out in the resort real estate market where there is still a disconnect between buyers and sellers.