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Louvre Hotels Group announces a 5-year strategic plan

Hospitality Net

Louvre Hotels Group, the second-largest player in the hotel industry in France and Europe, with flagship brands such as Campanile, Kyriad and Première Classe, is implementing a strategic plan aiming, by 2028, to position each of its brands among the top 3 performing ones in the segments and countries where the group operates.

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Capitalizing on Conversion: Taking the Project to the Finish Line with Strategic Planning and Partnerships

Lodging Magazine

We speak with Kunal Dave of Laxmi Hotels Group on his approach to each stage of the conversion process. The third article will focus on development and guest service trends in the leisure market.

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AAHOA Emphasizes Importance of Hotel Industry in Comments for National Travel and Tourism Infrastructure Strategic Plan

Hospitality Net

The Asian American Hotel Owners Association (AAHOA), offered input about how transportation infrastructure can create a solid foundation for promoting and sustaining long-distance travel and tourism, in response to the U.S.

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Broadening Scope: Why Hotels Must Rethink Revenue Management

Revenue Hub

The role of the hotel revenue manager, while foundational to maximizing a hotel’s room revenue, has become increasingly operational. Instead, the approach often defaults to maximizing occupancy, assuming that a full hotel automatically translates to optimal profitability, which is rarely the case.

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Understanding the Hotel Compset and Why You Must Develop One

Revenue Hub

NB: This is an article from Tripleseat Subscribe to our weekly newsletter and stay up to date Here’s a closer look at how to define your competitor set and leverage this knowledge to strategize to become the top hotel choice. This concept is crucial for strategic planning and operational adjustments in the hospitality industry.

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How to Make Hotel Budgeting as Smooth and Painless as Possible

Revenue Hub

For hotel owners and operators alike, the annual budget is often a gruelling and time-consuming process. This is especially true for large hotel groups with multiple approval levels. In fact, many hotel teams already started planning for 2024 months ago. So, we try to finalise our budget as late as possible now.

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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of COO

Lodging Magazine

Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately. Gharib brings more than two decades of senior management experience in franchising, operations and brand management with companies such as Marriott, Vacasa, LaQuinta by Wyndham and Highgate Homes.