Revenue Hub

APRIL 23, 2024

In today’s competitive hospitality landscape, hoteliers are constantly seeking ways to stand out and attract guests. NB: This is an article from Hotelzify Subscribe to our weekly newsletter and stay up to date Why AI? Targeted Reach: Gone are the days of casting a wide marketing net.

Marketing 85

Marketing Budgeting Book Information 85

Revenue Hub

JULY 17, 2023

Source What else is happening in the tourism and hospitality industries? Ramp up of events Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, has recently reported that June meeting and event volume is up 30.3%

Travel and Tourism 70

Travel and Tourism Book Article Events 70

Hotel Owner

JANUARY 31, 2023

It also refers to fundamental transparency, such as ‘objective and honest information’ that should be provided by tourism suppliers about their destinations and the conditions of travel, hospitality and stays. This is the critical timeline for science-based targets in a hotel’s Sustainability Action Plan.

Travel and Tourism 111

Travel and Tourism Accounting Communication Budgeting 111

Revenue Hub

MAY 5, 2023

NB: This is an article from Net Affinity Data from Expedia Group’s 2023 Traveler Value Index shows that 53% of travellers enrolled in loyalty programs say that it is now more important to stay with providers where they are a member than it was pre-pandemic. To help you get started, here are a few key factors of a successful program.

Article 76

Article Book Pricing 76

Revenue Hub

NOVEMBER 7, 2023

NB: This is an article from Smartpricing Subscribe to our weekly newsletter and stay up to date Understanding Historical Data and Its Impact on Revenue Strategy At the heart of a thriving hospitality enterprise lies a treasure trove of data − your historical performance records.

Download 89

Download Article Pricing Definition 89

Revenue Hub

APRIL 14, 2023

NB: This is an article from Net Affinity As we reported last week, things are looking up – travel rates are continuing to rise and so are hotel rates. Read rest of the article at Net Affinity The post A Content Marketing Refresh for Independent Hotels appeared first on Revenue Hub.

Marketing 66

Marketing Communication Document Article 66

Revenue Hub

OCTOBER 12, 2022

NB: This is an article from Amadeus. Comprehensive business intelligence data is critical to inform strategic decision making across all aspects of hospitality – from revenue strategy, to marketing, sales, and operations. to truly cast a wide net and elevate your brand’s visibility in front of travelers and travel agents alike.

Budgeting 88

Budgeting Reservations Book Article 88

Revenue Hub

SEPTEMBER 20, 2023

There is no doubt that experiential hospitality is on the rise. NB: This is an article from Juyo , one of our Expert Partners It goes without saying that the environment was inspiring and also prompts us to think about what is important for an experiential hospitality property data and strategy-wise.

Pricing 87

Pricing Article Book Events 87

Larry Mogelonsky

MARCH 25, 2024

(Originally published on Hospitality Net on March 11, 2024) From the recent articles that Oracle Hospitality has published on both how machine learning (ML) works as well as some of its key applications , there is a single term that all hoteliers should remember when deciding how to commercialize this type of artificial intelligence (AI).

Presentation 100

Presentation Training Reservations Article 100

Revenue Hub

APRIL 13, 2023

Profitability ratios such as gross profit margin, operating profit margin and net profit margin provide insights into the efficiency and profitability of a hotel’s operations. Read rest of the article at myDigitalOffice The post Hotels Move Beyond RevPAR For Comprehensive Business Intelligence appeared first on Revenue Hub.

Accounting 76

Accounting Article Pricing Information 76

Hospitality Net

APRIL 25, 2024

In the second article in this three-part series exploring luxury hotels and how a ‘sense of place’ help differentiate a luxury hotel and build loyalty, Suzanne Godfrey, consultant and lecturer in luxury and luxury hospitality, examines how the brand’s identity can elevate the hotel experience and create a unique sense of place.

Article 92

Article 92

Revenue Hub

OCTOBER 13, 2022

You only have to have been working in the hospitality industry for a very short time before you have a hilarious dinner time story to tell. NB: This is an article from GuestRevu. In fact, the world of hospitality humour is so vast that some clever writers even made an entire series about what could go wrong in a hotel.

Front of House 80

Front of House Catering Article Budgeting 80

Hospitality Net

MARCH 13, 2024

Last week, I wrote an article that compared the different concert experiences I had with two rock legends, Bob Dylan and Ringo Starr. The title of the article summed up the point I was trying to make: Do You Give Your Customers an Experience – Or Just a Transaction?

Article 97

Article 97

Revenue Hub

OCTOBER 14, 2022

’ NB: This is an article from Net Affinity. As we hurtle towards the end of 2022, we’re looking ahead to 2023 and contemplating the trends, specifically ones related to technology, which will hold the hospitality industry in a firm grip. Read more articles from Net Affinity.

Customer Service 60

Customer Service Book Sanitation Article 60

The Restaurant Times

MARCH 6, 2023

It is well known that the hospitality sector has lower profit margins than other market segments. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. The gross profit margin is left over after subtracting the cost of the goods sold.

POS Systems 52

POS Systems Catering Server Pricing 52

Hospitality Net

FEBRUARY 9, 2024

I have always been a huge fan of articles written by Alan Young, CEO of Puzzle Partner, but I was super happy to read his most recent article entitled Has the ‘New’ Service Culture Become the ‘No’ Service Culture? in this publication.

Article 96

Article 96

Modern Restaurant Management

APRIL 21, 2021

Now that vaccines are becoming widely available, the hospitality industry is approaching a new version of normal whereby restauranteurs can maintain a safe and healthy workplace that supports efforts to rebuild and thrive. As such, it is advisable to consult with an attorney to discuss your specific circumstances.

Presentation 193

Presentation Article Information 193

Revenue Hub

NOVEMBER 30, 2022

Distribution strategy in the hospitality industry is changing. NB: This is an article from IDeaS. Hoteliers are becoming more selective in how they think about managing channels, focusing on the value of partnership and net key performance indicator performance. Subscribe to our weekly newsletter and stay up to date.

Reservations 82

Reservations Pricing Book Accounting 82

Revenue Hub

NOVEMBER 3, 2022

NB: This is an article from Cloudbeds , one of our Expert Partners. In return, the property agrees to extend a net rate or discount off advertised rates. Read rest of the article at Cloudbeds. This allows rates and availability to be updated in real-time, preventing overbookings and lost room sales.

Article 74

Article Book Property Management Marketing 74

Revenue Hub

SEPTEMBER 27, 2023

Upselling offers one of the most effective, proven ways to increase a hospitality organization’s income by selling to someone who is already your customer. Since these room attributes are, by definition, room product, ABS upsells are basically pure profit and pure NOI (net operating income).

Reservations 94

Reservations Guest Satisfaction Housekeeping Article 94

Revenue Hub

NOVEMBER 17, 2022

NB: This is an article from Net Affinity. A recent article from Accor identifies a number of trends that will dominate the hospitality industry over the coming years. Read more articles from Net Affinity. Our habits and expectations have changed, in some ways drastically, over the last few years.

Communication 63

Communication Article Book Information 63

Hospitality Net

FEBRUARY 21, 2024

Many of you who read my articles or watch my videos may not have jobs related to customer service or CX measurement, but that doesn’t mean you shouldn’t pay attention to what I’m about to share.

Customer Service 91

Customer Service Article 91

Revenue Hub

OCTOBER 13, 2023

NB: This is an article from Duve Subscribe to our weekly newsletter and stay up to date Understanding the Importance of a Hotel Budget Why is it Important? Having a financial safety net can help your hotel take on unexpected challenges. Flexibility is key to budget management, especially in the dynamic hospitality industry.

Budgeting 94

Budgeting Revenue Projections Article Maintenance 94

Hospitality Net

MARCH 14, 2024

Previously, we published the Diversity, Equity, and Inclusion Defined article by Gissell Moronta, which gave you an understanding of the terminology and why DEI is important.

Article 98

Article 98

Hospitality Net

MARCH 25, 2024

Some key takeaways from the HVS brokerage and consulting staff members who attended the conference are summarized in this article. Kudos to the Hunter and Marriott teams for executing an extraordinary event!

Article 96

Article Events 96

Revenue Hub

OCTOBER 5, 2022

NB: This is an article from CartStack. In a 2011 New York Times article, author Brett Cole highlighted the interpersonal complexities ushered in by the digital age and how Carnegie’s advice may prove even more meaningful in our current era. Simply stated, travelers care about the hospitality brands that care about them.

Book 84

Book Communication Article Marketing 84

Revenue Hub

JUNE 12, 2023

NB: This is an article from Demand Calendar Instead, the need to maximize profitability has become increasingly critical. So, whether you are a hotelier seeking ways to improve your bottom line or a hospitality professional looking for insights into innovative revenue management strategies, this article is for you.

Book 52

Book Blog Article Reservations 52

Hospitality Net

NOVEMBER 8, 2023

Recently, I wrote two articles for my weekly Forbes column that paid homage to Abraham Maslow, the American psychologist who created what is referred to as Maslow’s Hierarchy of Needs. The articles were so well received that I wanted to share shorter versions here with our Shepard Letter subscribers.

Article 98

Article 98

Hospitality Net

APRIL 17, 2024

This article examines the latest trends and developments that are relevant to the Las Vegas casino and hotel markets.

Marketing 96

Marketing Article 96

Revenue Hub

OCTOBER 25, 2023

NB: This is an article from IDeaS With everything from smartphone apps to door locks to checking in on guest activity, operators have long had more data than they could ever hope to sort through efficiently, and the big data conversation in hospitality has been overwhelmed with noise or misdirected by the wrong information.

Book 90

Book Housekeeping Maintenance Information 90

Hospitality Net

FEBRUARY 28, 2024

As we unveil this special edition of “hopeful” for the HVS ANAROCK HOPE 2024 conference, it’s a time to reflect on the resilience and vibrant future of India’s hospitality sector. This edition is not just a collection of articles; it’s a beacon of optimism, mirroring the spirit of our magazine’s name.

Article 98

Article 98

Hospitality Net

JANUARY 25, 2024

This article provides our key takeaways from the conference. HVS was a proud sponsor of this year’s ALIS conference, where the sentiment was upbeat and optimistic for the year ahead.

Article 97

Article 97

Hospitality Net

FEBRUARY 22, 2024

This article examines Florence’s tourism industry resilience amidst crises, including the COVID-19 pandemic, analyzing key performance indicators such as airport statistics, hotel supply, and operating performance.

Marketing 98

Marketing Article 98

Hospitality Net

FEBRUARY 20, 2024

In the below article, JMBM partner Stuart Tubis discusses the importance of website compliance, and how best to defend your business if there is liability. A recent spate of lawsuits from plaintiffs represented by Pacific Trial Attorneys has highlighted the need for businesses to ensure ADA compliance.

Article 90

Article 90

Hospitality Net

DECEMBER 20, 2023

I’ll share that company’s name at the end of this article. If I asked 10 people who they thought could be planet Earth’s most customer-centric company, I bet a majority would have the same answer. For now, you can guess.

Article 98

Article 98

Hospitality Net

JANUARY 19, 2024

This article explores the signs that you’re ready for a career change and how to navigate this transition at any stage in your life. It’s a journey many embark upon, and it’s never too late to start. Whether you’re in your 30s, 40s, or 50s, changing careers is a significant step that requires thought, passion, and strategy.

Article 98

Article 98

Hospitality Net

FEBRUARY 29, 2024

In the first post of this series, we explored the value proposition of machine learning (ML) to the hospitality industry. It was a pretty straightforward article to write because ML is already generating demonstrable value for hotels and hotel companies, and there are still substantial financial gains to be realized by the technology.

Article 98

Article 98