#cbre #jll #ai #hospitality #development | Hans Peter B.

🏨 Luxury hotel renovations now occur every 6–8 years, according to CBRE data from 2024. This shift is driven by brand standards, sustainability retrofits, and tech advancements. Cornell's 2023 research links delayed renovations to declining RevPAR. Sustainability demands add upfront costs but offer long-term value, as noted by JLL in 2024. The challenge is balancing capital discipline with the need to stay competitive. The focus is on long-term relevance rather than just initial appeal.

🤖 AI agents are evolving to execute real actions, moving beyond simple predictions. These agents adapt using reflex, model-based, goal-based, utility-based, and learning approaches, balancing predictability and adaptability. The choice of agent depends on task complexity; simple tasks need basic agents, while dynamic tasks require planning. Successful AI agents combine reflexes, planning, and learning, with gradual scaling. As AI stakes rise, they demand early consideration of autonomy, control, and governance to prevent cascading errors in workflows.

💻 Amsterdam-based Mews has secured €255 million ($300 million) in Series D funding, valuing the company at $2.5 billion. Founded in 2012 by Richard Valtr and Matt Welle, Mews supports over 15,000 properties across 85 countries, processing 42.3 million check-ins and nearly $20 billion in transactions in 2025. The investment aims to advance AI and automation in its hotel management platform, enhancing operational efficiency and guest experience. The round is led by EQT Growth, with participation from Atomico and HarbourVest Partners.