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2024 Budget Planning: What Is Top of Mind for Hotel Owners & Operators?

Revenue Hub

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? Pricing: Have We Reached a Ceiling? percent in 2022 to 6.8

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Hoteliers must adopt a multi-pronged approach for the return of Chinese tourism

SiteMinder

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

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Chain hotels, inns, resorts: which hotel property to choose?

Hotel Owner

In urban areas like London or Manchester, chain hotels are popular among business travellers and tourists who appreciate the convenience and predictability they offer amidst the hustle and bustle of city life.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

There are always new strategies, traveller preferences, or industry technologies emerging to keep track of. From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. This can include business people, long-stay travellers, budget travellers and backpackers.

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Hotel events: Guide to increasing revenue

SiteMinder

Events are a never-ending marketing opportunity and a major source of tourism. In hotel event management, the manager acts as a liaison between the hotel and the client, coordinating with various departments such as catering, housekeeping, and technical support to deliver a seamless experience.

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Hotel Management: Meaning, Types, and Operations

SiteMinder

There are always new strategies, traveller preferences, or industry technologies emerging to keep track of. From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. This can include business people, long-stay travellers, budget travellers and backpackers.

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Are hotels a good investment?

Les Roches

Are you a hotel management student, a recent graduate, or even a keen entrepreneur with an interest in investing in the travel and tourism industry? The travel and hospitality industry is thriving, with millions of hotels once again welcoming travelers following the global pandemic.