Hotel Business

OCTOBER 24, 2024

“Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillary revenues,” said Geoff Ballotti, president/CEO. “We which increased 10% YOY.

Ancillary Revenue

Hotel Speak

FEBRUARY 1, 2024

The top six trends identified by our survey respondents are: Profitability Automation Integrated Systems TrevPAR Ancillary revenue Artificial intelligence Revenue Management More Important Than Ever The revenue management discipline in hotels continues to grow in importance, with respondents ranking it 4.8

Revenue Management

Hotel Business

MARCH 6, 2024

Arigo, who brings 35 years of industry experience to LuxUrban, will be primarily responsible for the day-to-day operations of the company’s hotel portfolio, with a focus on enhancing property-level operations, optimizing supply chain relationships, elevating the customer experience and pursuing ancillary revenue opportunities across the portfolio.

Ancillary Revenue

Amadeus Hospitality

NOVEMBER 12, 2024

This includes both historical and forward-looking, on-the-books data, allowing hoteliers to understand anticipated travel volumes and plan revenue, sales, marketing, and operational strategies accordingly. The power of data to boost efficiency and increase revenue The benefits of business intelligence are tangible.

Business

Hotel Business

JANUARY 31, 2023

Portfolio growth—today Aimbridge’s premium portfolio includes more than 1,500 properties (inclusive of pipeline) in all 50 U.S. The new structure of this group, formalized in January 2023, aligns with the six operating divisions and enables best-in-class understanding of markets, brands, brokers, owners and performance.

Ancillary Revenue

Boutique Hotel News

DECEMBER 20, 2022

Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. A recent Knight Frank report supports this idea, revealing that ancillary revenues have increased in 2022 with the contribution to total revenue rising by 1.5

Travel

Hotel Business

DECEMBER 18, 2023

provider of hotel franchise services in the chainscales that serve middle-income guests—economy and midscale—with more than 55% market share in each, resulting in significant uncertainty as to whether the FTC or courts would ever clear the transaction. Choice’s offer would create the largest U.S. trillion Infrastructure bill.

Ancillary Revenue

Hotel Business

MAY 1, 2025

The company’s development pipeline grew to a record 254,000 rooms. On March 31, the company’s global development pipeline consisted of approximately 2,140 hotels and 254,000 rooms, representing another record-high level and a 5% YOY increase. per share related to marketing fund variability (after estimated taxes).

Pipeline

Hotel Business

FEBRUARY 13, 2025

Our teams focus on expanding into higher FeePAR markets, growing our extended-stay footprint and unlocking new ancillary revenue streams underscore the diverse growth opportunities inherent in our asset-light, resilient business model. Development pipeline grew 2% sequentially and 5% year-over-year to a record 252,000 rooms.

Pipeline