Hotel Business

NOVEMBER 14, 2022

short-term rental sector used its supply flexibility to recover faster than hotels, especially in coastal and mountain destinations, pushing rentals’ market share to a record 17% of total lodging in summer 2020. During the pandemic, the U.S. ” Hotels lead in cities .

Market Share 108

Market Share Hotels Market Marketing 108

Hotel Management

JUNE 12, 2024

Hilton said the role is “pivotal to achieving commercial targets and expanding market share across Australasia as Hilton continues to grow its portfolio in this crucial region”. “We We are thrilled to welcome Daniella to the Australasia leadership team,” said Hilton Area Vice President and Head of Australasia, Paul Hutton.

General Manager 264

General Manager Hotels Management Sales 264

STAAH

JULY 8, 2024

The hospitality industry faces seasonal challenges and fluctuating market conditions, including reduced consumer spending and increased competition. Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

Hotel Speak

OCTOBER 9, 2024

LONDON, 9TH OCTOBER 2024 – The pressure is on for UK hotel operators as new data shows that short-term rental (STR) business have grown 16 times faster in the last decade, reflecting the changing priorities of travellers seeking experience-led accommodation. new businesses per region.

Travel 105

Travel Accommodation Market Share Business 105

Hotel Management

DECEMBER 6, 2023

The expansion of QT, Rydges and Atura will initially focus on Southeast Asia, while budget accommodation brand LyLo will concentrate on the Australian market and assess other international markets that attract Gen Z travellers.

Market Share 130

Market Share Hotels Market Marketing 130

Hotel Speak

MAY 30, 2024

This suggests a heightened focus on capturing market share by Expedia Group. Airbnb, the accommodation rental platform, also increased its marketing spend by 14.2% However, Airbnb’s marketing spend as a percentage of revenue (24%) has dipped slightly compared to the previous year. to $514 million in Q1.

OTA 103

OTA Market Marketing Travel 103

Hotel Business

SEPTEMBER 12, 2024

This concentration in the upscale and upper-midscale segments suggests strong demand for these types of accommodations, driven by traveler, investor and lender preferences. To learn how LE can support your business in accelerating revenue growth and expanding market share, reach out to us at 603-431-8740, ext.

Construction 111

Construction Pipeline Scale Hotels 111

Boutique Hotel News

MARCH 24, 2023

Kim Bardoul , partner at The Highland Group, said: “The boutique hotel that combines overnight accommodation with the intrigue of design, story, local relevancy, and interesting amenities tends to attract loyalty and a good rate premium. Change in US market share from 2010 by segment.

Occupancy 98

Occupancy Hotels Market Share Revenue 98

Hotel Business

JANUARY 9, 2023

We expect it will continue to be a main driver in the market heading into 2023, particularly as demand for these accommodations soars and labor remains expensive and in short supply. Hotels that adopt more sustainable measures attract travelers looking for environmentally friendly accommodations and can benefit from increased bookings.

Services 116

Services Revenue Occupancy Travel 116

STAAH

OCTOBER 5, 2022

The present market share of internet retail trade is in excess of 25%, compared to only 12% in the pre-Covid era. The leading cloud-based hospitality solution specialist STAAH has partnered with Revnomix Solutions LLP, a seven-year-old revenue management firm with a Global presence, which provides revenue management services to hotels.

Revenue Management 98

Revenue Management Revenue Management Retail 98

Hotelier Magazine

SEPTEMBER 26, 2023

In hospitality, brand acquisition and partnerships are driven by factors such as the hotels’ desire for rapid and significant growth or the capital markets’ rewards for delivering at scale. Compared to other sectors, however, the industry is still highly fragmented, without a single brand having significant global market share.

Hospitality 98

Hospitality OTA Market Share Revenue Management 98

Hotel Speak

JANUARY 23, 2024

And competition intensifies – vacation rentals and alternative accommodations nibble at your market share. 2024 is a year of both challenges and opportunities for hotel marketers. Cater to budget-conscious travelers with smart deals and packages that showcase your unique offerings without breaking the bank.

Hospitality 105

Hospitality Cancellation Market Marketing 105

Little Hotelier

AUGUST 12, 2024

Unlike other businesses, many independent accommodation providers have somewhat of a revenue ceiling. When you have lower operating costs, you can more comfortably offer more competitive rates, winning business and growing your market share. Learn more Why is efficiency important in hospitality?

Average Daily Rate 95

Average Daily Rate Revenue Occupancy Operations 95

Hotelogix

SEPTEMBER 6, 2024

This tool aggregates hotel information from across the internet, providing users with a comprehensive overview of available accommodations based on their search criteria. Google’s dominance in the search engine market makes Google Hotel Finder an essential tool for any hotelier.

OTA 98

OTA Hotels Business Accommodation 98

Hotel Business

MARCH 6, 2023

Rate Insight+ offers hoteliers a comprehensive view of competitive short-term rental and hotel pricing in their specific market, providing crucial data to enable better pricing decisions based on demand, occupancy, and rates in their market, according to the company.

OTA 59

OTA Market Share Occupancy Market 59

Social Tables

APRIL 16, 2019

Increasing Conference Collaboration Increasing Conference Collaboration By Shifting From A Market-Share Environment To A Mind-Share Experience from Jeff Hurt A self-titled “Chief Epiphany Officer,” Jeff Hurt has created some incredible presentations over the years when it comes to attendee education and engagement.

Events 120

Events Market Marketing Management 120

Hotel Management

JUNE 12, 2024

Hilton said the role is “pivotal to achieving commercial targets and expanding market share across Australasia as Hilton continues to grow its portfolio in this crucial region”. “We We are thrilled to welcome Daniella to the Australasia leadership team,” said Hilton Area Vice President and Head of Australasia, Paul Hutton.

General Manager 130

General Manager Hotels Management Sales 130

Hotel Speak

JUNE 6, 2024

It further bolsters our accommodation offer following the acquisition of Guestline last year – a leading hotel distribution and operations platform provider.” This acquisition is a key milestone in our drive to grow our market share in the US and tap into the massive growth opportunity the market presents.”

Revenue 104

Revenue Hotels Operations Casinos 104

Hotel Business

NOVEMBER 15, 2023

Successfully refinancing the Sheraton New York Times Square’s loan is a key component of our strategy to help the hotel capture additional market share and ensure it remains a premier destination on a long-term path for continued success,” said Andrew Farkas, managing member/chairman/CEO, Island. The hotel has 61,800 sq.

Closing 64

Closing Retail Market Share Events 64

Hotel Speak

SEPTEMBER 26, 2024

One trend hoteliers are starting to notice is that travellers are allocating more of their budget to accommodation and less on food and beverage services. Some travellers still see staying in self-contained accommodations as a safer option. In fact, the global MICE market is projected to grow from $970.76

Market 104

Market Marketing Hotels Forecasting 104

Hotel Business

JUNE 22, 2023

product to cater to the increasing desire for flexible accommodations.” “We are thrilled to continue our aggressive growth journey alongside two outstanding leaders in the field,” said Mimi Oliver, CEO, WaterWalk. Their skills and knowledge will open doors for successful and beneficial partnerships as we advance our Gen 2.0

Revenue Management 52

Revenue Management Revenue Market Share Accommodation 52

Cloudbeds

MARCH 21, 2024

The findings suggest hostels are outpacing other accommodations in terms of occupancy rates, while average daily rates (ADR) for private rooms have grown globally. Cloudbeds’ newly launched State of Hostels report reveals 2024 will be the year of chasing demand for hostels.

Average Daily Rate 52

Average Daily Rate Occupancy Accommodation Market Share 52

Amadeus Hospitality

FEBRUARY 28, 2023

With a portfolio of serviced residences, hotels and co-living properties spanning over 220 cities across more than 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA, Ascott operates on a flex-hybrid accommodation model that caters for both short and extended stays.

Business 59

Business Occupancy Revenue Market Share 59

Hotel Management

JANUARY 8, 2024

With 25 years of sales and marketing experience in the luxury and lifestyle sector under his belt, Yates will focus on growing market share and delivering on sales targets from his Melbourne base.

General Manager 147

General Manager Sales Revenue Management 147

Little Hotelier

APRIL 29, 2024

A Traveloka TERA login allows any type of accommodation – hotels, hostels, villas, resorts, apartments, B&Bs, campsites, guesthouses, homestays and more – to create and control their own listing, and market it to a large, targeted and highly engaged audience. And the only way to do that is with a TERA traveloka login.

OTA 52

OTA Display Ads Hotels Market 52

Cloudbeds

JULY 27, 2023

With over 12M accommodation searches daily , Trivago continues to be a popular metasearch platform and a key component of a hotel distribution strategy. As they search for the best value, Trivago enables them to compare hotel prices across different booking channels and find the best accommodation for their needs. Who are they for? .’

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52

SiteMinder

JUNE 24, 2024

Atrápalo is a popular online travel and leisure booking platform that connects travellers with a wide range of accommodations, activities, and experiences that specialises in Spain and Spanish-speaking countries. What is Atrápalo? Table of contents Why should your property be on Atrápalo hotels?

Hotels 52

Hotels Revenue Accommodation Travel 52

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing. From Hotel Finder to GHA.

Market Share 52

Market Share Hotels Cancellation OTA 52

Hotel Speak

JULY 24, 2024

Myth 3: Distribution is an inflexible, administrative nightmare FACT : By broadening the distribution mix hotels capture a wider market share, targeting specific audience profiles and engaging with niche audiences. Going beyond Expedia and Booking.com with a broader channel mix, hotels can be sure not to leave money on the table.

OTA 101

OTA Hotels Revenue Market 101

Hotel Business

MARCH 26, 2024

Last year was a good year for portfolio growth, market share gains (+3% RGI), profit margins (+5%), guest experience gains (+36% in brand top quartile ranking) and improvement to employee engagement and retention (+18%), the company reported.

General Manager 59

General Manager Sales Hotels Operations 59

Little Hotelier

MAY 18, 2023

The reason is simple: Google boasts a global search engine market share of over 90% , and when a potential guest ‘googles’ accommodation by typing in “hotel [your city]”, Google Hotels comes up as a rich result. How do I list accommodation on Google? ” How do I get my hotel on Google Hotel Finder? “

OTA 59

OTA Hotels Business Travel 59

SiteMinder

FEBRUARY 8, 2024

Chinese tourists are known for their willingness to spend generously on accommodation, dining, and shopping, making them a dream demographic for any hotel looking to boost its bottom line. According to Statista research , revenue in the Travel & Tourism market is projected to reach US$184.50bn in 2024. What about the hard numbers?

Market 52

Market Marketing Travel Tourism 52

Travelboom Marketing

JULY 31, 2023

According to a Market Analysis Report by Grand View Research , the global wellness tourism market size was estimated at $814.6 Further, North America dominates this market share at nearly 40%. billion USD in 2022 and is expected to reach $923.6 billion USD in 2023.

Travel 52

Travel Tourism Market Marketing 52

MediaBoom

AUGUST 6, 2024

A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and market share. Successful hotels recognize that their customers are individuals seeking experiences, not merely accommodations. Let’s explore the 14 essential steps to creating a legendary hotel brand in 2024: 1.

Branding 98

Branding Hotels Services Market 98

Cloudbeds

OCTOBER 9, 2024

Competition from alternative accommodations Hotel businesses must factor in the continued popularity of platforms like Airbnb , as well as changing preferences for accommodation types driven by a desire for privacy. This competition affects market share projections and pricing strategies.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

Little Hotelier

NOVEMBER 8, 2023

By looking at Little Hotelier reviews, accommodation providers can better determine how the all-in-one system fits their needs and consider trying out the award-winning software for their property. Cons: The only thing I don’t like is the extra cost for the Canadian dollar but that is out of your hands. Happy customer.

Accommodation 52

Accommodation Business Management Operations 52

SiteMinder

JANUARY 14, 2025

Worldspan commands a significant market share amongst GDS vendors, so can be a significant source of bookings and revenue for travel service providers like hotels. Worldspan is used by over 16,000 travel agents, tour operators and corporate travel consultants, all of whom are looking to book accommodation for their clients.

Global Distribution System 52

Global Distribution System Cancellation Travel Market Share 52