Remove Hospitality Net
article thumbnail

European accommodation barometer: summer 2023 edition

Hospitality Net

After two consecutive six-month periods of robust growth in occupancy and room rates, almost half of the European hoteliers anticipate 2023 to yield the highest revenue in the history of their establishment. And we are glad to learn from them that travel is finally back! And we are glad to learn from them that travel is finally back!

article thumbnail

The benefits of short-term stays for hotels

Hotel Business

By Jared Lerner In the competitive landscape of the hospitality industry, hotels are constantly seeking innovative ways to optimize their operations, increase revenue and enhance guest satisfaction. By offering rooms for shorter pockets of time, hotels can capitalize on periods of low occupancy and maximize their revenue potential.

Revenue 69
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Can Destinations Prepare to Attract Travelers Over the Coming Decade?

Amadeus Hospitality

Originally published on Hospitality Net Amadeus’ Traveler Tribes research has revealed the habits and behaviors of travelers in 10 years’ time. Destinations seeking to welcome the travelers of tomorrow can take action now.

Travel 52
article thumbnail

Travel wholesalers: Complete guide for hotels

SiteMinder

What are travel wholesalers? Travel wholesalers are B2B companies that purchase hotel room inventory in bulk at a discounted rate and sell it to OTAs, travel agents, tour operators, airlines, and other travel or accommodation sellers. They will never sell your rooms directly to travellers. Let’s take a look.

Travel 52
article thumbnail

JLL: First-time hotel buyers invested heavily in ’22

Hotel Business

According to JLL Hotels & Hospitality Group ’s latest Global Hotels Investment Outlook , even with global inflation and geopolitical tensions, expectations are that investors will deploy capital across a range of lodging verticals to capture an increased share of a traveler’s experience this year.

Hotels 59
article thumbnail

New Citadines Science Park Singapore Is A Nature-Inspired Oasis In The Heart Of Singapore’s Life Sciences And Innovation Hub That Inspires Guests To Live, Work And Play

Hotel Speak

Citadines Science Park Singapore is the perfect choice for both corporate and leisure travellers seeking an idyllic stay in the West region of Singapore. For travellers, Citadines Science Park Singapore is just a 25-minute drive from Changi Airport, providing easy access to both local and international travel.

article thumbnail

How to attract the right guests with hotel market segmentation (step-by-step guide)

Cloudbeds

One of the key reasons travelers are drawn to smaller, independent lodging properties is they provide personalized, intimate experiences. Transient These guests are individuals traveling for business or leisure. Group These guests travel with a group that has reserved a block of rooms in advance at a special group rate.