Hospitality Net

FEBRUARY 22, 2024

The analysis also highlights investment trends and future challenges, including concerns about over-tourism and evolving market dynamics. Despite setbacks, Florence witnessed a remarkable recovery, notably in 2023, with record-breaking Revenue Per Available Room (RevPAR).

Marketing 98

Marketing Article 98

Hospitality Net

JANUARY 29, 2024

This is why it is very common that in the industry most hoteliers put all their effort on transactional marketing. Generating revenue is key to any business, including hotels. This means the focus is mainly on short-term relations with guests, and once the transaction is done (the booking is made), the relationship ends.

Marketing 98

Marketing Book 98

Hospitality Net

APRIL 5, 2024

In today’s digital age, effective marketing strategies are essential for hotels to stay competitive and drive direct bookings. One of the key components of a successful digital marketing strategy is paid search advertising, which allows hotels to reach potential guests actively searching for accommodation options.

Marketing 79

Marketing Book 79

Hotel Owner

JULY 26, 2023

Britain has lost roughly one in 18 of its licensed premises, which makes up 5,736 hotels, pubs, restaurants, bars and cafes, in the last 12 months, according to the new Hospitality Market Monitor from CGA by NIQ and AlixPartners. This drop represents 1,139 net closures in Q2, which is equivalent to 12.5

Marketing 98

Marketing 98

Hotel Business

MARCH 28, 2024

Daniella Foster , executive board member/global SVP, public affairs, market access and sustainability, Bayer ’s Consumer Health Division, has been appointed as vice chair of the Sustainable Hospitality Alliance. “We welcome our new trustees who bring their wealth of experience in the spheres of sustainability and hospitality.

Communication 59

Communication Marketing 59

Hospitality Net

APRIL 17, 2024

In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gaming revenue, the market’s ADR ($191.29) and RevPAR ($159.73) for 2023 reached record levels for the second year in a row.

Marketing 96

Marketing Article 96

Hotel Business

FEBRUARY 29, 2024

Ashford Hospitality Trust Inc. 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 capitalization rate on 2023 net operating income, or 12.3x 2023 hotel EBITDA.

Definition 59

Definition Pricing Marketing 59

Hospitality Net

MARCH 29, 2024

In terms of breaking into new foreign markets, cultural sensitivity emerges as a pivotal factor in establishing trust and meaningful connections with customers rooted in their particular cultural identities and values.

Marketing 88

Marketing 88

Hospitality Net

APRIL 18, 2024

But the growth rate has started to decline as the market stabilizes. Cheaper hotels gained from market fatigue, with midscale properties having three times the ADR growth than higher-priced hotels in Q4. Manhattan hotels have seen an increase in occupancy, average daily rate (ADR) and revenue per available room.

Marketing 80

Marketing Pricing 80

Hotel Owner

JUNE 5, 2023

Whitbread, the UK’s largest hospitality business, has recently published a comprehensive guide to its long-term decarbonisation plans. The Whitbread net zero transition plan outlines the company’s priorities, plans and projects to reach its newly validated SBTi carbon target.

Information 105

Information Marketing 105

Hospitality Net

FEBRUARY 8, 2024

The HSMAI Americas Professional and Educator of the Year Awards recognize and promote excellence in the fields of sales, marketing, and revenue optimization in hotels.

Marketing 104

Marketing 104

Hotel Owner

DECEMBER 15, 2023

Freeman, with over 10 years of hospitality experience, previously worked at Elite Hotels, IHG, and Hilton before joining Mollie’s Bristol team in 2021. Recognised as the Inspirational Leader of the Year at the 2023 HR in Hospitality awards, Freeman is excited to contribute to Mollie’s during a pivotal period for the brand.

Events 93

Events Marketing 93

Boutique Hotel News

JANUARY 16, 2023

Industry leaders share their thoughts on the travel, hospitality and economic landscape in 2023. Closer to home, hybrid hospitality is likely to reap rewards thanks to the continued growth of the consumer preferences that have so far underpinned its success. BHN reports. Stephen McCall , CEO, edyn: .

Pricing 246

Pricing Marketing Budgeting Training 246

Hospitality Net

FEBRUARY 7, 2024

hotel markets to recover from the pandemic. Orlando, nicknamed the City Beautiful, was one of the first of the top 20 U.S. As average hotel rates and revenue now exceed historic peaks, demand continues to ramp up.

Marketing 95

Marketing 95

Hospitality Net

FEBRUARY 6, 2024

HotelREZ Hotels & Resorts, one of the world’s leading hotel representation companies, has outpaced the market with 52% revenue growth with reservations up by over 42% in the past 12-months.

Marketing 94

Marketing Reservations 94

Hospitality Net

FEBRUARY 1, 2024

The Boston/Cambridge lodging market ended 2023 at 76.4% This 6-point increase in occupancy is a result of the market accommodating 8.6% Seasonality appears to be in sync with what we typically expect for the Boston market. occupancy, a 6.8% variance over 2022’s 69.6%. more rooms in 2023 compared to the prior year; 0.6%

Marketing 97

Marketing 97

Hospitality Net

OCTOBER 30, 2023

The Market Snapshot: Asia Pacific 2023 highlights an overview of transaction activity in the region and presents 25 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.

Marketing 96

Marketing Presentation 96

Hospitality Net

FEBRUARY 26, 2024

STR’s global "bubble chart" update as of 10 February 2024 shows that 74% of markets increased revenue per available room (RevPAR) from the comparable period in 2023. Growth was balanced with 64% of markets showing increased occupancy and 70% achieving a higher average daily rate (ADR) than last year.

Marketing 95

Marketing 95

Hotel Owner

SEPTEMBER 13, 2023

After a challenging few years for the sector, it’s estimated that more than 10% of the UK’s hospitality businesses have permanently closed since March 2020, according to the Hospitality Market Monitor. Equally, this market knowledge can be used to form new partnerships.

Accounting 103

Accounting Service Management Marketing 103

Hospitality Net

JANUARY 29, 2024

STR’s global “bubble chart” update for 2023 shows 85% of markets with revenue per available room (RevPAR) higher than 2019. In terms of top-line performance, that means most markets have recovered from the significant declines caused by the pandemic.

Marketing 95

Marketing 95

Hotelogix

NOVEMBER 12, 2023

Reports like hotel revenue report and MIS hotel report are essential for every type of hospitality property. To access this report, go to Report Console >> Custom Reports >> Net Revenue Report 8) Hotel business and market analysis comparison report This report comes as part of hotel analytical report.

Property Management 147

Property Management Reservations Book Accounting 147

Hospitality Net

APRIL 12, 2023

Hotel email marketing is an essential strategy for hotels to promote their services and increase bookings through targeted and personalized email campaigns. By using email marketing, hotels can connect with potential guests, build customer relationships, and drive revenue growth.

Marketing 97

Marketing Book 97

Hotel Owner

OCTOBER 20, 2022

Britain’s hospitality sector saw a net decline of one closure every hour in the third quarter of 2022, including hotels, pubs, bars, restaurants and cafes, according to the latest Hospitality Market Monitor from CGA and AlixPartners. High street, suburban and rural locations all recorded the same net decline of 2.1%

Pricing 105

Pricing Marketing 105

InnQuest

AUGUST 3, 2023

In the hospitality industry, guest satisfaction is the ultimate goal. To ensure continuous improvement and success, hospitality businesses must adopt effective methods to measure guest satisfaction. The bottom line benefits of guest satisfaction in hospitality industry are customers’ recommendations and repeat business.

Guest Satisfaction 217

Guest Satisfaction Book Document Blog 217

Hospitality Net

FEBRUARY 15, 2024

KSL Resorts properties were lauded with three 2023 Adrian Awards – for marketing programs orchestrated by Camelback Resort, Silverado Resort and its Central Coast Collection – at the Hospitality Sales and Marketing Association International’s (HSMAI) 67th annual awards celebration held February 13 at the New York Marriott Marquis.

Marketing 98

Marketing 98

Hotel Owner

OCTOBER 17, 2023

The UK’s luxury hotel market has been driving the hotel industry’s recovery, with record room rates and revenue per available room (RevPAR) increasing , according to RSM’s Hotels Tracker. While occupancy levels still lag behind pre-pandemic levels, many consumers are opting for budget hotels, squeezing middle-market options.

Budgeting 98

Budgeting Events Reservations Marketing 98

Hotel Business

JANUARY 12, 2024

JRK Property Holdings , through its $350-million hospitality fund, has acquired a two-property, 275-key Hyatt-branded hotel portfolio in San Juan, Puerto Rico, from the PRISA Group for an undisclosed price. JRK’s Hospitality Fund focuses on full- and select-service hotels for opportunistic and value-add investments.

Pricing 111

Pricing Events Marketing 111

Social Hospitality

FEBRUARY 13, 2024

Have you heard of unhinged marketing? Therefore, it’s crucial to treat unhinged marketing with caution and strategy. Here’s what you need to know about unhinged marketing, as well as success stories and what happens when things go wrong. What is Unhinged Marketing? Tailor your message to their vibe.

Marketing 52

Marketing Download Reservations Accounting 52

Hospitality Net

APRIL 12, 2024

The 404-room resort in Toronto implemented Salesforce Sales and Marketing Cloud for rich guest profiles and personalized guest journeys, but needed Hapi’s experienced hospitality team to access the necessary data.

Marketing 75

Marketing 75

Hospitality Net

JULY 14, 2023

In the latest updates on the regional market performance of the hotel industry in the United Kingdom, we share year-to-date data from May for 2023 compared to the same period in 2022 and 2019, according to HotStats’ monthly Hotel Benchmarking reports.

Marketing 98

Marketing 98

Hospitality Net

APRIL 15, 2024

As we navigate the ever-changing landscape of the hospitality real estate market, our team at CBRE Hotels remains committed to providing you with the insights and guidance you need to make informed decisions.

Marketing 72

Marketing Information 72

Hospitality Net

DECEMBER 20, 2023

This means that hoteliers and their teams must stay updated with the latest trends in hotel marketing to ensure that they remain relevant in the industry. Hotels are constantly adapting to new trends and technologies to keep up with the changing needs and preferences of guests.

Marketing 98

Marketing 98

Hospitality Net

JANUARY 18, 2024

Email marketing is a cornerstone of hospitality marketing. Many hoteliers consider email marketing to be a time-consuming effort with different one-time campaigns. But there’s a faster, easier, and more effective way.

Marketing 94

Marketing 94

Hospitality Net

APRIL 5, 2024

billion (+1% vs 2022), reaffirming hospitality as a leading sector in the Italian real estate market. Following a slow start, hotel investment activity surged in the second half of 2023, exceeding €1 Bn (+74% vs H2 2022). Total investment volumes for 2023 amounted to €1.5

Marketing 52

Marketing 52

Hospitality Net

APRIL 5, 2024

The Hospitality Sales and Marketing Association International (HSMAI) is proud to introduce the 2024 Rising Sales, Marketing, and Revenue Optimization Leader Councils.

Marketing 83

Marketing 83

Hospitality Net

MARCH 6, 2024

Current trends indicate that the industry is reporting a decline in many markets for leisure travel (Thursday – Saturday as many consumers are getting out priced in the market), while group travel remains strong as Milwaukee will experience in 2024; with a slight increase in corporate bookings (Monday – Wednesday travel).

Marketing 74

Marketing Pricing Book 74

Hospitality Net

APRIL 16, 2024

Rapidly advancing technology and ever evolving guest expectations have given rise to the opportunity for substantial transformation in roles traditionally siloed into the areas of marketing and revenue management.

Marketing 52

Marketing Information 52