Wed.Apr 24, 2024

article thumbnail

The “Golden Circle” of Revenue Management

eHotelier

Effective revenue management is driven by a clear sense of purpose. It's about understanding not just how to optimize prices and manage inventory, but why these actions matter in a larger context — a context that includes genuine customer satisfaction and enduring business success.

Pricing 246
article thumbnail

In Its Birthplace, the G&T Is a Reclamation

EATER

Indian bartenders are reshaping what was once a holdover from British rule into a celebration of homegrown flavors, ingredients and a burgeoning cocktail culture.

140
140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nadia Panasyuk appointed Vice President of Revenue Strategy at First Hospitality

eHotelier

First Hospitality, a national hotel operating, management, and development company, announces the appointment of Nadia Panasyuk to vice president of revenue strategy. Panasyuk joins the First Hospitality commercial strategy team bringing more than 20 years of hospitality experience in lifestyle, full-service, and independent properties.

130
130
article thumbnail

Hilton Reports Q1 2024 Results

Lodging Magazine

MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include: The post Hilton Reports Q1 2024 Results appeared first on LODGING Magazine.

Magazine 105
article thumbnail

Business Automation in Hospitality: A New World

Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.

article thumbnail

Corina Heizer appointed Vice President of Procurement at Premier

eHotelier

Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Corina Heizer has been appointed as the firm's new Vice President of Procurement.

More Trending

article thumbnail

S Hotels & Resorts makes progress with long-term sustainability strategy

eHotelier

S Hotels and Resorts PCL, the global hospitality company from Singha Estate PCL, is proud to announce that its acclaimed beachfront properties in Thailand and the Maldives have successfully achieved Green Globe™ Certification for the second consecutive year. This marks another significant milestone in a comprehensive, three-pillared integrated global sustainability strategy which will see the company elevating its guest experiences through sustainable initiatives, such as Marine Discovery Centre

130
130
article thumbnail

Today’s news in brief – 24/4/24

Hotel Owner

Gillian Mylles has been appointed as the new general manager of The Resident Edinburgh ahead of its opening. The hotel, featuring 164 rooms, underwent redevelopment from a 1960s establishment into a modern property. Operated by Resident Hotels, this Upper Upscale hotel is the sixth within the group’s portfolio. Mylles, with extensive experience in leading hotel groups in the UK, expressed excitement about the hotel’s focus on guest experience and sustainability.

97
article thumbnail

IHG’s upper luxury portfolio recognized by top travel editors

eHotelier

IHG Hotels & Resorts is celebrating the significant achievements of its upper luxury portfolio today following the announcement of three of the industry’s most coveted awards selected by leading travel editors. A collective showcase of the crème de la crème of the global hospitality industry, Condé Nast Traveler Hot List, AFAR’s Best New Hotels of 2024 and the Travel + Leisure ‘It List’ have awarded nine notable titles to properties within IHG’s Luxury & Lifestyle portfolio, now the seco

130
130
article thumbnail

The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization

Hospitality Net

In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenue team fully understood this.

96
article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

Increase your Employee’s Take Home Pay with Mobile Ordering

eHotelier

In the realm of hospitality, the dynamics between order value, tip amounts, and service charge levels play a crucial role in determining the overall income of service staff. The traditional model of manual order taking and payment processing often leaves room for inefficiencies and missed opportunities for upselling and enhancing the guest experience.

130
130
article thumbnail

Wherever You Go, There Is Artificial Intelligence

Hospitality Net

It’s a daily occurrence to see mentions of Artificial Intelligence (AI) throughout multiple industries, including the hotel space. And why not? AI systems can effortlessly perform tasks associated with the cognitive functions of humans, and rather than reducing jobs, AI applications seek to enhance employment opportunities.

94
article thumbnail

Sabre booking insights reveal the top 10 places most likely to have already booked their 2025 holiday

eHotelier

Travellers from Britain are the world’s biggest early birds when it comes to making holiday plans for 2025, according to Sabre booking data. Seemingly keen to escape chilly British weather and ensure they have a trip to look forward to next year, more Brits than any other nation have already booked their 2025 getaway.

Book 130
article thumbnail

5 Signs Your Hotel Tech Stack is Outdated

Revenue Hub

When thinking about a hotel’s current technology capabilities, what comes to mind? Innovation? Long-term growth potential? Guest personalization? Open API architecture? Intuitive design? All of these are essential for operating in today’s competitive landscape. NB: This is an article from Amadeus Subscribe to our weekly newsletter and stay up to date Technology upgrades are proving to be top of mind this year, as hoteliers using legacy software or those with major gaps in functionality are incre

Book 90
article thumbnail

No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

article thumbnail

CHAP unveils newest property in the heart of Bathurst!

eHotelier

Leading hotel group Choice Hotels Asia-Pac has welcomed the newest addition to its flagship Comfort brand, with Comfort Inn Serenity Bathurst joining the portfolio.

130
130
article thumbnail

Premier appoints Corina Heizer as its new Vice President of Procurement

Hospitality Net

Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Corina Heizer has been appointed as the firm’s new Vice President of Procurement. With more than 15 years of interior design experience and 11 years of procurement expertise, Heizer will oversee the daily operations of the Procurement team, and will be responsible for managing the department’s Procurement Associates.

article thumbnail

Jerry Schwartz acquires Blue Mountains leisure and conference hotel to boost NSW portfolio

eHotelier

Schwartz Family Company has acquired a prized Blue Mountains resort to strengthen its position as the region’s premier leisure and conference provider.

130
130
article thumbnail

Weekender chooses Mews to help fuel their rapid US growth

Hospitality Net

Mews, the industry-leading hospitality cloud and winner of Best property management system at the HotelTechAwards 2024, has been chosen by Weekender to power their portfolio of hotels across the northeast of the US.

article thumbnail

Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program

article thumbnail

Nonius Mobile: Now Offering a Web App Experience

eHotelier

A seamless guest journey from pre-stay to post-stay, previously only available in Native App, now accessible via Web App.

100
100
article thumbnail

The Six Levels of the Google Hotels Funnel

Revenue Hub

“Optimising presence in metasearch engines” is the desire of all hotels, which in layman’s language translates into a twofold desire: to increase sales generated from metasearch targets and increase profitability by reducing costs… in other words, to make the channel more efficient. NB: This is an article from mirai , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date In order to tackle this “meta search engine optimisation” you need: Knowledge of the metasearch fu

Article 81
article thumbnail

Safemark, Exclusive Distributor of Indel B Minibars in the US and Canada, Introduces New Fridom Collection

Hospitality Net

Safemark, the foremost provider of electronic safes to the global hospitality industry, is excited to unveil its exclusive partnership with Indel B to distribute their minibar line in the United States and Canada. This collaboration coincides with the debut of Indel B’s newest product line, the Fridom Collection, which establishes a fresh benchmark for elegance and functionality in hotel minibars.

79
article thumbnail

Pricing Strategies to Maximize ADR, RevPAR and Profitability

Revenue Hub

Efficient hotel pricing strategy is a must-have for today’s hoteliers to increase their overall profitability. Hotel revenue managers should understand various aspects including distribution mix, demand forecast, competition pricing and consumers’ buying trends, etc. to manage pricing more effectively and to increase hotel profit. NB: This is an article from BEONx , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Let’s analyze some of the important components to

Pricing 80
article thumbnail

Win More in 2024: Your Guide to Restaurant Marketing Success

Your Guide to Restaurant Marketing Success Start maximizing ROI and doing more with less with Olo’s ultimate guide to restaurant marketing. In this guide: Strategies to level up in 4 key areas: data, audiences, content distribution, and loyalty Interactive checklists to help you track your progress throughout the year Tips for leveraging guest data across your entire business What you’ll learn: Level 1 | Beginner: Learn how to collect guest data, build a healthy subscriber list, launch personali

article thumbnail

Nobu and SODIC Announce Further Development with a Hotel and Restaurant in East Cairo

Hospitality Net

Nobu, the renowned luxury lifestyle brand known for its iconic 41 hotels, 77 restaurants, and 12 residences, proudly announces the signing of Nobu Hotel and Restaurant East Cairo, in a continuing collaboration with Egypt’s leading real estate developer, SODIC. The signing, which took place at Nobu Fifty Seven in New York, marks Nobu and SODIC’s third venture in Egypt, following the unveiling of Nobu Hotel, Restaurant, and Residences in both West Cairo and North Coast Egypt last summer.

78
article thumbnail

Hotel experience: leveraging sense of place in the luxury segment

EHL Insights

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 64
article thumbnail

Design Hotels Launches a New Study on Neuroaesthetics

Hospitality Net

Diving deep into the impacts of a growing trend first explored in our Further Forecast 2024, Design Hotels announces the launch of "Neuroaesthetics — Design for the Mind", a new cultural study on neuroaesthetics, uncovering how aesthetics, culture, and technology impact our brains, bodies, and behaviors. Researched and developed by neuroaesthetics studio Kinda Studios and created in partnership with FSB Franz Schneider Brakel, the study collates insights across science, technology, and the arts,

74
article thumbnail

Hilton reports 2% Q1 RevPAR increase

Hotel Business

Hilton Worldwide Holdings Inc. , for the first quarter ended March 31, reported that system-wide comparable RevPAR increased 2%, on a currency neutral basis, compared to the same period in 2023. Net income for the period was $268 million. “We are pleased to report a strong first quarter with bottom-line results meaningfully exceeding our expectations, further demonstrating the power of our resilient, fee-based business model and strong development story,” said Christopher J.

64
article thumbnail

Unlock Restaurant Success: Mastering 7 Vital Employment Laws

As a restaurant leader, your plate is full with responsibilities, from staff management to serving up delicious dishes. But amidst the hustle, there's a crucial area you can't afford to overlook – employment laws. In this comprehensive eBook, we'll unveil the seven essential employment laws every restaurant leader must master. We'll break down the intricacies of each law, showing you how it directly impacts your business.