NEWTOWN SQUARE, Penn. (March 12, 2018) – Apple Leisure Group® (ALG) CEO Alex Zozaya addressed attendees at the International Hotel Investment Forum in Berlin on March 6 on the topic of how innovation is reshaping the hospitality industry.
During his presentation, Zozaya discussed the competing forces at work in the hospitality industry. On the one hand, opportunities for growth abound as shown by ALG subsidiary, AMResorts, closing 2017 with the largest pipeline of all-inclusive resorts in the Caribbean. Alternatively, there are increasing threats from travel bans, oversupply, terrorism, natural disasters, and more. Under these conditions, Zozaya believes the biggest innovation in hotel development and management is being able to navigate through crisis, seize the hidden opportunities that arise from it, and emerge stronger and better prepared.
Celebrating its 21st anniversary, The International Hotel Investment Forum this year focused on the theme, “Reaching New Heights.” Over the three days of the conference, experts explored the current market’s unprecedented growth, new competition and products, and how investors must adapt to keep growing.
About Apple Leisure Group
Apple Leisure Group® is a leading hospitality company holding a unique niche in the U.S. travel industry. Its vertically integrated business model and robust infrastructure leverages the expertise of six innovative subsidiaries to deliver exceptional value to savvy travelers and strong resort performance to owners. ALG’s award-winning subsidiaries include: Apple Vacations®, the world’s largest tour operator to Mexico and the Dominican Republic; Travel Impressions®, a prominent U.S. wholesaler possessing an extensive global portfolio; CheapCaribbean.com®, a popular online travel agency specializing in luxury vacation packages and resort accommodations in Mexico and the Caribbean; AMResorts®, provider of marketing and brand management services to six luxury resort brands; Amstar DMC®, a destination management company offering premium airport transfers, tours and excursions; and Unlimited Vacation Club®, AMResorts’ popular guest loyalty program for discerning travelers who expect the very best in a vacation experience. For more information on Apple Leisure Group, visit www.algdevelopment.com.