Revenue Hub

APRIL 16, 2024

Effective data management in hospitality transcends mere collection; it requires transforming unstructured guest data into structured, actionable insights. Personalization is more than a hospitality trend; it’s a competitive imperative.

Information 88

Information Article Book Guest Satisfaction 88

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. Hotel brands and management companies can find opportunities for growth by working together in a holistic way to build portfolios.

Accounting 103

Accounting Service Management Marketing 103

Hotel Business

MARCH 13, 2024

Aqua-Aston Hospitality has appointed Andrea Mue as its new managing director. Mue leads a team of strategic operations and commercial specialists to support the company’s business model. She began her career at Ernst & Young in the hospitality finance division. She succeeds Denis Ebrill , who recently retired.

Budgeting 59

Budgeting Accounting 59

Hotel Owner

SEPTEMBER 11, 2023

HOSPA, the Hospitality Professionals Association, has welcomed seasoned hospitality professional William Gibbs to its board as it looks to “call upon his wealth of industry knowledge”. HOSPA has opened so many doors either through contacts that have become business partners or colleagues that I have worked with.

Accounting 104

Accounting 104

Hotel Business

MARCH 12, 2024

Hospitality industry veteran Steven Ellingsen has launched Somnium Hospitality Group , a full-service, multiple-brand-approved hotel and asset management company. Somnium, which means ‘to dream’ in Latin, aims to reimagine the traditional hospitality management model,” said Ellingsen.

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Strategic Planning Hospitality Management Accounting Presentation 64

Hotel Business

FEBRUARY 16, 2024

Ahmed Kabani , a former senior managing director of investments for Marcus & Millichap’s National Hospitality Group, has departed with his team to launch a specialized Miami-based hotel and development brokerage firm, Kabani Hotel Group.

Accounting 64

Accounting 64

Hotel Business

DECEMBER 22, 2022

Peachtree Hospitality Management, an affiliate of Peachtree Group, named Rachel Huang as vice president of hotel analytics & support. Huang brings with her 20-plus years of international hospitality analytics and project management experience. She will report to Patrick Short, PHM’s president.

Accounting 111

Accounting Hospitality Management 111

Boutique Hotel News

DECEMBER 6, 2022

EU: Cheyne Capital Management has completed a senior loan of more than €200 million for luxury boutique hotel group Beaumier. . Cheyne Capital is an alternative investment manager headquartered in London. Beaumier, owned by KSL Capital , consists of 12 lifestyle hotels located in France, Switzerland and Spain.

Accounting 147

Accounting Marketing 147

Horizon Hospitality

APRIL 15, 2024

By featuring UGC on websites, social media accounts, and advertising content, restaurants can create an authentic voice that better connects to their market. To top it all off, restaurants must actively engage with UGC to maintain that flow, which can be tedious for restaurant managers also trying to run daily operations.

Marketing 130

Marketing Budgeting Accounting 130

Hotel Owner

APRIL 5, 2024

Macdonald Aviemore Resort has announced a raft of appointments and promotions to its senior management team. Managing director Kenny McMillan recently returned to Aviemore, where he first trained as a sous chef between 2004 and 2007.

Beverage Operations 52

Beverage Operations Accounting Training Marketing 52

Hotel Business

FEBRUARY 2, 2024

I’m confident this strategic investment in leadership will further strengthen our position as a leader in the hospitality industry and deliver unparalleled value to our stakeholders.” Ben Miele has joined the company as director of accounting, bringing more than 30 years of accounting, tax and audit experience to the team.

Accounting 59

Accounting Reservations Information 59

Hotel Business

JANUARY 16, 2024

Wurzak Hotel Group has expanded its services to include third-party hotel management services for additional ownership groups in strategic markets. “We have historically focused on managing hotels for a select group of owners,” Jake Wurzak, co-CEO of Wurzak Hotel Group (WHG).

Guest Satisfaction 64

Guest Satisfaction Revenue Projections Budgeting Accounting 64

Hotel Business

FEBRUARY 26, 2024

Hospitality management company Montage International has received a strategic investment arranged by Luxor Capital Group. Montage has a portfolio of 17 managed properties along with a multiyear pipeline of future destinations across the U.S., Our partnership will spur the next stage of the company’s growth in the U.S.

Accounting 59

Accounting Hospitality Management Marketing 59

Revenue Hub

NOVEMBER 3, 2023

Subscribe to our weekly newsletter and stay up to date For insights and advice, HotStats reached out to leading hospitality experts around the world. Create a Strategic Plan “Planning is critical,” said Elena Ladisova, vice president of Brookfield Asset Management. We generally try to start this around May or June.

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Budgeting Strategic Planning Article Accounting 92

Revenue Hub

DECEMBER 4, 2023

Automation is the driving factor behind the advancement of revenue management in the changing world of hospitality. This paradigm change enables restaurant venue managers to move their emphasis away from laboriously crunching data and putting statistics into spreadsheets and towards strategic approaches.

Special Events 89

Special Events Pricing Accounting Article 89

Hotel Business

APRIL 18, 2024

Aimbridge Hospitality has partnered with Ryan , a global tax services and software provider, for a transaction tax compliance outsourcing solution for its sales, use and hotel occupancy tax function. In today’s challenging hospitality climate, maintaining compliance as a taxpayer in good standing is paramount. operations, Ryan. “In

Accounting 64

Accounting 64

Hotel Business

SEPTEMBER 5, 2023

Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel third-party operator and investor, has expanded its leadership team after adding nine hotels to its portfolio in the first half of the year. She joined HVMG in 2010 as VP, strategic planning and human resources. and Starwood Hotels and Resorts.

Strategic Planning 59

Strategic Planning Accounting Travel and Tourism Guest Satisfaction 59

Horizon Hospitality

MARCH 19, 2024

Feature upcoming events and encourage members to tag your club when posting to their social accounts. It all starts with Hiring Strategic Country Club Leaders If any of the above points sound like something your club is behind on, it is time for a marketing upgrade. Create content that is engaging and useful.

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Marketing Club Management Communication Events 130

Hotel Business

AUGUST 31, 2023

Pyramid Global Hospitality has named James Messinger as corporate director of culinary. Prior to joining Pyramid Global, Messinger served as corporate chef for The Kraft Heinz Company, where he led all aspects of research and development for the organization’s top strategic accounts.

Accounting 64

Accounting Hospitality Management 64

Hotel Business

MARCH 1, 2024

Knowland , provider of data-as-a-service insights on meetings and events for hospitality, reported a significant increase of 50% in convention and conference center platform usage in 2023. This indicates an opportunity for non-hotel venues to compete more strategically for group business.

Accounting 64

Accounting Events Book Marketing 64

Hotel Owner

MARCH 14, 2023

PPHE will be launching a new European hospitality real estate fund of up to €250 (£220.4m), which will enable strategic acquisitions of hotels focusing primarily on value-add investments across Europe. All hotels acquired using this fund will be operated by the group’s hospitality operating platform.

Accounting 105

Accounting 105

Hotelogix

FEBRUARY 13, 2024

This exploration delves into the intricate operational requirements of large hotels, the pitfalls of wrong management practices - either manually or via outdated on-premises solutions, and how a cloud-based hotel management software or a hotel property management system (Hotel PMS) acts as a savior, ensuring a seamless performance across the board.

Housekeeping 148

Housekeeping Regulatory Compliance Guest Satisfaction Maintenance 148

Hotel Business

NOVEMBER 9, 2023

The discussion marked the first meeting of a new Women’s Hospitality Innovation Council, powered by property management system (PMS) provider Visual Matrix. One source of the problem remains the PMS, as ever the central node for directing inbound traffic, commerce and the management of core property-level functions.

Accounting 104

Accounting Property Management Presentation Information 104

Revenue Hub

JANUARY 9, 2024

NB: This is an article from berner+becker , one of our Expert Partners Revenue management has always been a critical aspect of the hospitality and travel industry, it involves optimizing pricing and distribution strategies to maximize revenue, considering various factors such as demand, competition, and customer preferences.

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Pricing Article Definition Catering 97

Hotelogix

FEBRUARY 1, 2024

Independent hotels stand out in the bustling hospitality industry with their unique charm and personalized service. However, these quaint establishments often face towering challenges behind the scenes, particularly when managing and streamlining their daily operations. It has to be a cloud-based hotel management software.

Guest Satisfaction 130

Guest Satisfaction Training Budgeting Demo 130

Hotel Business

JUNE 14, 2023

Remington Hospitality has appointed Joseph Klam as CFO. With almost 40 years of industry experience, he will lead efforts out of the company’s corporate offices in Dallas and oversee financial planning, accounting and global financial operations. The post Joseph Klam named Remington CFO appeared first on hotelbusiness.com.

Accounting 52

Accounting Budgeting Hospitality Management 52

Revenue Hub

APRIL 30, 2024

Hotel revenue management is surrounded by myths, from the idea that it only concerns room rates to the notion that strategies are ‘set and forget’. This article debunks these misconceptions, highlighting the complex nature of revenue management that goes beyond pricing to include market analysis and customer behavior.

Pricing 79

Pricing Information Article Marketing 79

Hotel Business

JANUARY 8, 2024

Krueger brings more than two decades of finance expertise, specializing in mergers and acquisitions, portfolio management and strategic financial advisory services. ” Prior to his tenure at Auro Hotels, Krueger provided advisory services spanning investment valuation, asset management and real estate development. .

Accounting 59

Accounting Presentation Events Marketing 59

Revenue Hub

NOVEMBER 17, 2023

In our previous article, we shared insights and advice from global hospitality experts on how to make the 2024 hotel budget process as smooth and painless as possible. Benchmark Against Competitors In the last article, we discussed the importance of strategic planning, aligning stakeholders, and harnessing relevant data.

Budgeting 90

Budgeting Article Strategic Planning Accounting 90

Serviced Apartments

JANUARY 16, 2023

SINGAPORE: Frasers Hospitality Trust has appointed Eu Chin Fen as CEO of Frasers Hospitality while Eric Gan will be CEO of the managers. Eu Chin Fen, currently CEO of the Managers, has been appointed as CEO of Frasers Hospitality, a strategic business unit of Frasers Property. per cent voted in favour.

Accounting 52

Accounting Business Development 52

Hotel Business

MARCH 13, 2023

Hospitality management, acquisition and development company PCH Hotels & Resorts has expanded its services to include third-party hotel management services for additional ownership groups. PCH is currently working with additional hospitality groups that have hotels in the pipeline.

Budgeting 105

Budgeting Revenue Projections Guest Services Accounting 105

Hotel Business

JULY 10, 2023

In this role, he is responsible for overseeing the accounting, financial planning and analysis, risk management, treasury, corporate finance, capital markets execution of Hard Rock International and other enterprises under the control of Seminole Gaming, as well as contributing to the overall strategic development efforts of the company.

Accounting 52

Accounting Marketing 52

Hotel Business

APRIL 1, 2024

The number of rechargeable cars sold is up 50% year-over-year, and experts predict that EVs and plug-in hybrids will likely account for nearly a quarter of all cars on the road in 2024. Electric cars account for roughly 1% of vehicles on the road in the U.S.,

Accounting 75

Accounting Property Management Guest Satisfaction Download 75

Hotel Business

JANUARY 30, 2024

He has more than 20 years of financial leadership experience, the majority spent within the hospitality industry, and will oversee the company’s finance and accounting functions, as well as serve as a member of the company’s executive leadership team responsible for driving the company’s business transformation and growth.

Accounting 59

Accounting 59

Hotel Business

OCTOBER 27, 2023

Knowland , a provider of data-as-a-service insights on meetings and events for hospitality, has launched Market Segmentation, an add-on feature designed to help on-property sales teams better understand and target the right group segments booking in their market. The new feature was previously only available to above-property management.

Marketing 59

Marketing Accounting Book Events 59

Les Roches

JANUARY 18, 2024

This comprehensive guide will examine a range of satisfying and well-paid roles and how business skills can be applied to the world of hospitality. The intersection between business and hospitality can be a particularly rewarding area in which to work.

Accounting 52

Accounting Business Development Bookkeeping Marketing 52

Hotel Business

APRIL 18, 2023

Hotel management, investment and development company Highgate has added two executives to its roster with the appointment of Matt Greene to EVP, luxury residences, and Elizabeth Redmond to chief accounting officer. Greene also managed the Hard Rock Hotel San Diego, a condo hotel located in the city’s entertainment corridor.

Accounting 52

Accounting Presentation 52