Hotel Business

MAY 16, 2024

With an estimated 39% of business travelers reporting accessibility requirements that impact their travel experience, travel managers are seeking guidance to incorporate these needs into their corporate travel policies. Travel managers have a responsibility to support their travelers and manage risks as part of their duty of care role.

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Procurement Communication Information 115

Revenue Hub

DECEMBER 14, 2023

Hotel owners and operators are best positioned for success when they measure their business from every angle. That is why no benchmarking experience can be considered comprehensive without frequent insight into future booking levels in the marketplace. Look at it this way.

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Book Article Marketing Pricing 93

Boutique Hotel News

MARCH 14, 2023

Since Vista first invested, Cvent has undertaken considerable business transformation and has been a testament to how we partner with founders like Reggie to help their businesses scale and thrive,” said Monti Saroya, co-head of the Vista Flagship Fund and senior managing director. per share in cash.

Events 246

Events Definition Pricing 246

Horizon Hospitality

JANUARY 24, 2023

Every year, thousands of restaurants and hotels gear up for weeks of stuffy, time-consuming, and stressful annual employee performance reviews. So, why should restaurants and hotels stick with this outdated practice? Consider weekly, informal one-on-ones with managers to check in on how the team is doing.

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Scheduling Information 246

Revenue Hub

AUGUST 3, 2023

Effective benchmarking helps you to understand where you stand in the market, identify gaps in your hotel’s strategy, and to discover opportunities for growth and profitability. By benchmarking, hoteliers can gain insights into their brand’s strengths, weaknesses, and areas of improvement.

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Article Blog Pricing Marketing 68

eHotelier

JUNE 13, 2023

IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, has announced that Garden Hotel Suzhou has deployed IDeaS’ Revenue Management System (RMS) with significant success, increasing RevPAR over the period January to May 2023 by more than 30 percent of pre-COVID levels.

Training 100

Training 100

Hotel Owner

JANUARY 3, 2024

Archer Hotel Capital has announced that it has completed the acquisition of the 210-key Hoxton Shoreditch and the 220-key Hoxton Holborn in London for a total purchase price of £215m from Norlake Hospitality. As Europe’s leading hotel market, London remains a key city for Archer’s long-term strategic vision. “As

Pricing 98

Pricing Marketing 98

Revenue Hub

NOVEMBER 15, 2023

Hotel owners and operators are best positioned for success when they measure their business from every angle. NB: This is an article from STR That is why no benchmarking experience can be considered comprehensive without frequent insight into the bottom line. Improved operational efficiency and maximum hotel profitability.

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Article Marketing Information 101

Revenue Hub

JUNE 16, 2023

Benchmarking lets you peer over the walls of your own property, to uncover strategies, and assess what’s working, and what isn’t , so that you can apply that knowledge to your own commercial playbook. Leveraging high-quality data for effective hotel benchmarking At the heart of effective benchmarking is high-quality data.

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Article Information Marketing Book 87

Revenue Hub

OCTOBER 23, 2023

The distinction between a good hotel and a great one often hinges on the nuances of guest experience. NB: This is an article from Demand Calendar While KPIs like RGI, ARI, and MPI might seem like the jargon of a revenue manager, they are, in fact, the pulse-checkers, revealing whether a hotel truly offers an exceptional guest experience.

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Definition Article Pricing Marketing 102

Boutique Hotel News

OCTOBER 25, 2022

Qatar: The Chedi Katara Hotel & Resort in Doha has announced several executive appointments ahead of the property’s opening in November 2022. Following the appointments of Morton Johnston as general manager and Ali Moussa as director of sales and marketing , The Chedi Katara has strengthened its leadership team with eight new additions.

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Reservations Communication Marketing 130

Revenue Hub

JANUARY 18, 2023

Hotels are driven by benchmarking to understand their performance versus their competitors. If the hotel is performing better than the competition, everyone is happy. Benchmarking only confirms that what they are doing is the right thing. Benchmarking only confirms that what they are doing is the right thing.

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Article Definition Marketing Information 76

Hospitality Net

MARCH 20, 2024

Darian Tan, Revinate’s Territory Sales Manager, oversees hotel partnerships in APAC, striving to enhance guest experiences and boost revenue. From his base in Bali, a hub of hospitality, Darian shares key revelations from the highly anticipated 2024 Hospitality Benchmark Report.

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Revenue Hub

APRIL 30, 2024

In the ever-evolving hospitality industry, the question of how to effectively compensate hotel operators remains crucial. While the basic premise of paying managers for their management skills holds true, the prevalent incentive fee structures may no longer adequately align with market realities, particularly for owners.

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Article Marketing Budgeting Reservations 107

Revenue Hub

APRIL 25, 2024

Below you will find brief introductions and links to 5 case studies which can help hoteliers looking to optimize revenue, develop sophisticated pricing strategies, refine revenue management strategies, streamline operations, or seize opportunities in times traditionally considered off-peak.

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Download Pricing Article Marketing 98

Hotelogix

NOVEMBER 11, 2023

As a trusted Cloud PMS partner to over thousands of hotels globally, we thought of compiling a list of hospitality-related talks given at various TEDX events. A Hotel is Just a Building | Bashar Wali | TEDxWilmingtonSalon Humanity matters more than any material luxuries or perks that you provide to your guests. His takeaways?

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Travel and Tourism Magazine Events Training 246

Hospitality Net

SEPTEMBER 7, 2023

After several years of incredibly challenging business conditions, which caused much of the hospitality industry to scale back on capital expenditures, hotel management companies have started making serious investments in renovations, maintenance and staffing. According to the J.D.

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Guest Satisfaction Maintenance 70

Revenue Hub

JANUARY 25, 2024

The Global Review Index (GRI), an industry-standard online reputation score, is a critical benchmark for reputation management efforts. Cornell University used the Global Review Index to illustrate a 1% increase in a hotel’s GRI correlated with higher profitability. million mentions. points, respectively.

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Pricing Guest Satisfaction Article Marketing 81

Hotel Business

NOVEMBER 9, 2023

Unifocus has been awarded the title of the “World’s Best Workforce Management Solutions Provider” for 2023 by the World Travel Tech Awards. We’re honored to receive the title of industry leader in workforce management technology from the World Travel Tech Awards. The company is also celebrating its 25th anniversary.

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Revenue Hub

OCTOBER 19, 2023

Using CompSets is fine for benchmarking but not for making pricing decisions. NB: This is an article from Flyr for Hospitality (formerly Pace Revenue), one of our Expert Partners In an age of increasing online bookings, hotel revenue managers too often get caught up in maintaining parity with their CompSet.

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Pricing Article Book Marketing 92

Hotel Owner

JANUARY 17, 2024

Zeal Hotels has achieved the BREEAM Outstanding rating at the design stage for its Voco Zeal Hotel at Exeter Science Park. The 142-bedroom hotel is currently on schedule in week 26 of a 75-week construction programme. It will be managed by Valor Hospitality.

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Scheduling 90

Hotel Owner

OCTOBER 20, 2023

Octopi Property has appointed Silverstone, a national firm of chartered building surveyors and project managers, to oversee the build of a new, multi-million pound coastal hotel called Cliffemount at Runswick Bay, near Whitby in North Yorkshire. high-spec facility with an expanded restaurant and bar offer on the ground floor.

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Revenue Hub

MARCH 22, 2024

In the contemporary landscape of hospitality industry, data-driven decision-making has emerged as a pivotal tool for maximising profitability and elevating guest satisfaction in hotels. By analysing past bookings, website interactions, feedback, and demographic information, hotels can gain invaluable insights for informed decision making.

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Pricing Guest Satisfaction Information Book 97

InnQuest

JUNE 13, 2023

When it comes to running a hotel, a well-executed marketing campaign can make all the difference. In this blog post, we will explore the key strategies and tactics for creating a successful hotel marketing campaign that captivates your target audience and delivers tangible results. Improve occupancy rates during the low season?

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Marketing Blog Book Reservations 140

Revenue Hub

AUGUST 22, 2023

Running a hotel is like conducting an orchestra, isn’t it? To help you conduct this beautiful symphony, let’s step back and look at the broader, macro-level data trends you should be paying attention to in the realm of revenue management. Industry Benchmarks and Competitive Landscape No hotel is an island!

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Travel and Tourism Guest Satisfaction Book Article 80

Hospitality Net

JUNE 14, 2023

IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, has announced that Garden Hotel Suzhou has deployed IDeaS’ Revenue Management System (RMS) with significant success, increasing RevPAR over the period January to May 2023 by more than 30 percent of pre-COVID levels.

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Training 73

Boutique Hotel News

OCTOBER 6, 2022

Norway: Art deco hotel Sommerro located in Oslo has appointed several key members to its executive team. The owner of Sommerro and head of the team, Petter Stordalen, is the founder of Nordic Choice Hotels, now known as Strawberry. ” The post Sommerro announces executive hires appeared first on Boutique Hotel News.

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Training Marketing 130

Industry Insights Lodging Magazine

SEPTEMBER 7, 2023

TROY, Michigan—After several years of challenging business conditions, which caused much of the hospitality industry to scale back on capital expenditures, hotel management companies have started making serious investments in renovations, maintenance, and staffing. According to the J.D. In the span of a year, […] The post J.D.

Guest Satisfaction 63

Guest Satisfaction Maintenance Magazine 63

Hospitality Net

MAY 16, 2023

Pyramid Global Hospitality – the powerhouse hospitality company behind inspired collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe – is pleased to announce the Wayfinder Newport hotel in Newport, Rhode Island, as the latest addition to the company’s distinguished management portfolio.

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Revenue Hub

JUNE 21, 2023

In the fast-paced world of revenue management, accurate forecasting plays a pivotal role in optimizing profitability and maximizing revenue potential. NB: This is an article from BEONx , one of our Expert Partners In this article, we will look into the significance of forecasting accuracy and its impact on revenue management success.

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Pricing Article Information Marketing 93

Revenue Hub

OCTOBER 20, 2023

Budget season is upon us, and around the world hotel owners and operators are buried deep in data trying to come up with 2024 performance numbers. NB: This is an article from Hotstats What unique challenges are hotels facing in the 2024 budgeting and planning process? HotStats reached out to global hotel leaders to find out.

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Budgeting Travel and Tourism Pricing Article 100

STAAH

NOVEMBER 19, 2023

The luxury Indian hotel group chose STAAH to improve the efficiency and effectiveness of its guest acquisition and booking processes. Chocolate Hotels Pvt Ltd is an Indian hospitality group with seven properties across the country. This manual update process was what drove Chocolate Hotels & Resorts to sign up to STAAH.

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Book Pricing 83

Hotel Business

NOVEMBER 14, 2023

Third-party management company Resolute Road Hospitality has appointed Andrea Pace-Mickley as senior corporate revenue manager. In her new role, she will lead the company’s revenue and commercial strategy, overseeing all revenue management, pricing, analytics, forecasting and channel distribution initiatives.

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Pricing Marketing 59

Hotel Owner

NOVEMBER 9, 2023

Pride of Britain Hotels (PoB), has appointed new board members, following the annual conference hosted at Grantley Hall in Yorkshire. Co-owner Rohaise Rose-Bristow, who oversees operations at the Torridon hotel in Scotland, and Joanne Taylor-Stagg, general manager at The Athenaeum in London, have been appointed as board members.

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Whitepaper Travel and Tourism Marketing 97

Hotel Owner

OCTOBER 20, 2023

InterContinental Hotels Group (IHG) experienced a robust third quarter in terms of revenue per available room (RevPAR), which increased by 10.5% IHG opened nearly 8,000 rooms across 50 hotels during the quarter and added almost 17,000 rooms to its pipeline across 123 properties. compared to the prior year. in the EMEAA region, 4.1%

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Scheduling Marketing 98

Hotel Owner

MARCH 25, 2024

Refurbishing a hotel in the UK post-planning permission demands comprehensive planning, meticulous execution, and adept management of various stakeholders. By conducting a thorough market analysis and a SWOT assessment, hotel owners can identify areas for improvement and define specific, achievable goals.

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Budgeting Communication Guest Satisfaction Marketing 98

Revenue Hub

JANUARY 9, 2023

Forecasting in the hotel industry involves predicting future demand for rooms and other hotel services. This can help hotel managers make informed decisions about pricing, staffing, and marketing strategies. Hotel forecasting can be challenging, as it involves anticipating and responding to many variables.

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Pricing Information Article Blog 80