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Decoding Hotel Demand: Mastering Hotel Seasonality for Profit

Revenue Hub

The demand for hotel accommodations is closely linked to the demand for travel to a specific destination. NB: This is an article from Demand Calendar Factors such as the destination’s appeal for tourism, business events, cultural festivals, and other attractions are the primary drivers of the demand for overnight stays.

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Five key hospitality and luxury trends that are on the rise

Hotel Owner

With 2023 already consigned to history as the year of tourism recovery, the hospitality industry – starting in 2024 – now finds itself facing a scenario where actors who began making waves a few years ago are now consolidating their positions. Technology is, ultimately, the only path to survive and stand out in the tourism sector.

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Sustainability for Hotels – The Impact on Profitability

Revenue Hub

Why does sustainability in travel matter so much now – more than ever – to consumers? For hotels and the wider hospitality, travel, and tourism sectors specifically, sustainable development encompasses the three elements of people, planet and profit (the 3Ps) – implying long-term considerations for all stakeholders.

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Six things hotels should do to reduce their water usage

Hotel Owner

The ramifications of this trend will have impacts across every sector, but especially travel and tourism, where unsustainable consumer and business practices will simply become untenable. In addition to good maintenance practices, consider how infrastructure improvements can help your property better manage its water usage.

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How Can Hoteliers Drive Bookings During the Off-Season?

Revenue Hub

Optimize revenue management: During the off-season, demand is lower, and hoteliers need to be strategic with their pricing. Consider using dynamic pricing strategies , such as offering discounts for longer stays or targeting specific segments of travelers, to maximize revenue.

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Guide to hotel fees and surcharges for hotels

SiteMinder

Examples might include resort fees that cover property maintenance, parking fees, or additional cleaning fees if guests bring pets. These include: Resort and amenity fees These fees cover the use and maintenance of on-site facilities like swimming pools, gyms, and spas.

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Navigating management in the hospitality industry: Tips for success

Les Roches

Among the main types of leadership found in the hospitality industry are: Hotel management: roles span staff coordination, overseeing logistics and maintenance, and handling management for all the departments within the hotel, and dealing with suppliers and investors.